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The Road To Enterprise 50

The Road to Enterprise 50 is not an easy one.  Many companies try, few get through and only the best attain the title of ‘E50 Winner’.  Therefore, to assist you in improving your chances of entering the pool of potential winners, here is a step-by-step guide on your own road to Enterprise 50.

Qualifying Criteria

To qualify for the Enterprise 50 award, your company: -

  1. Need to fulfill the definition of SMEs* and locally incorporated;
  2. Must not be listed on any Stock Exchange, including ACE Market (formerly known as MESDAQ);
  3. Can either be a parent company or a subsidiary.
    • If the parent company participates all subsidiaries will not be eligible
    • If the participating company is a subsidiary of a listed parent company, their revenue contribution should not exceed 75% of the parent company's TOTAL revenue;
  4. Must have the latest 3 years of audited financial records for year 2008, 2009 and 2010.

 * Defination of SMEs

 

Category of SMEs;

Manufacturing, Manufacturing-Related Services and Agro-based industries

"Small and medium enterprises in the manufacturing, manufacturing related services and agro-based industries are enterprises with annual sales turnover not exceeding ≤RM25 million OR with full-time employees not exceeding ≤150 "

Services, Primary Agriculture and Information & Communication Technology (ICT)

"Small and medium enterprises in the services, primary agriculture and Information & Communication Technology (ICT) sectors are enterprises with annual sales turnover not exceeding ≤RM5 million OR with full-time employees not exceeding ≤50 "