- Dr. Elias Tam Tak Chuen, Director, Ascent Global Marketing Pte Ltd

SINGAPORE, 1 April 2004 – Following the successful inaugural launch of the E-Global Singapore 2003 Awards last year, the co-organisers will once again honour the most successful amongst Singapore’s emerging home-grown entrepreneurs and intrapreneurs, in a special E-Global Singapore 2004 Awards ceremony to be held on 30 June 2004 at Republic Polytechnic.

Whilst generous recognition has been extended to accomplishments in entrepreneurship locally, little acknowledgment has been given to individuals or companies embodying the spirit of innovation and the enterprise, hence the E-Global Singapore Awards.

The E-Global Singapore Awards aim to recognise individuals or enterprises that have successfully persevered through the demanding process of entrepreneurial development or have displayed an outstanding spirit of entrepreneurship in facing challenges. Thus the E-Global Singapore Awards cut to the core of the spirit of risk-taking, and give due credit to those who have taken the steps toward risk taking.

The E-Global Singapore Awards also serve as a platform to facilitate the development of business network and bonding amongst individual innovators and entrepreneurs.

“By incorporating the Industrial Automation Award in the E-Global Singapore Awards, SIAA felt that such a move makes sense in view of rising operational cost. Although all clubs do not directly share the same mandate, they have a common objective and that is Entrepreneurship and Innovation. This platform enables SIAA to publicize the IA Award to a wider audience at relatively lower cost. This year’s IA Award will focus on Industrial Infocomm i.e. the extent of infocomm technologies in the manufacturing operations,” said Mr. Colin Koh, President of Singapore Industrial Automation Association.

The E-Global Singapore Awards, a private-sector initiative, is unique in many respects. Firstly, these are the first-ever awards for entrepreneurs in-the-making as a form of recognition and motivation to spur them to greater heights. Secondly, judging and recognition criteria are innovative. With a prestigious panel of judges spanning across all sectors and their deep analysis and judgment in technologies, methodologies, business models, academia and practitioners - offering capabilities beyond anything ever seen in industrial-level awards. Finally, the coming together of different private organisations and associations representing different industries and interest groups for a single cause is unique and underscores the shared common vision - to promote a more vibrant innovative and entrepreneurial community in Singapore.