To be eligible to apply for the FDB’s 2018 National Small and Medium Enterprise Awards, a business must:
Category 1 Developing SMEs:
Awards in the Developing SMEs category include:
Agriculture, Wholesale/Retail, Tourism, Professional Business Services and Manufacturing.
Category 2: Value Adding SMEs
Green Conscious SME Award
To promote and encourage SMEs to go green in their business operations. And, to promote the incorporation of sound business practices such as efficiency, sound financial management practices and innovation in operations.
Best Risk Managed SME Award
To encourage SMEs devise an enterprise risk monitoring and management mechanism.
-Market Risk, and
Category 3: Responsive SMEs
Climate Change Responsive SME Award
To encourage SME startups and expansion in response to the effects of climate change.
To award an SME business for being responsive to climate change through mitigation and adaptation practices.
E.g. If a water tank business expands to cater for more customers in response to more water shortages for these clients affected by climate change, that SME is contributing towards adaptation and is being responsive to the effects of climate change.
Most Disaster Resilient SME Award
To recognize a SME business that has recovered from damage caused by natural disasters such as cyclone or flooding and that has demonstrated resilience in its operations and performance in the last 6 months post disaster.
Category 4: Special Awards
The Youth Entrepreneur of the Year Award
Woman Entrepreneur of the Year Award
To celebrate a woman entrepreneur that has demonstrated innovative traits or business methods and outstanding qualities in developing and growing the business with a commitment of empowering others in the community and promoting environmental awareness.