The Star Outstanding Business Awards to recognize Malaysian entrepreneurs

Held for the second year running, The Star Outstanding Business Awards aims to recognize the achievements of startups and SMEs. The initiative is in line with the government’s drive to promote entrepreneurship in Malaysia and raise the profile of Malaysian businesses globally.

Awards will be presented to entrepreneurs in different categories. Open to nomination are: Technology/ICT, Best Use of Media, Outstanding Malaysian Brand, Community, Environment, Best Employer, Innovation, Global Market, Rising Star, and Entrepreneur of the Year. A final category, Business of the Year, will be judged by a panel.

There are several criteria for enterprises who want to participate. They must be local, must not be part of a multinational group or listed group, they must be incorporated in Malaysia with foreign equity no more than 50%. And, according to National Chamber of Commerce and Industry of Malaysia (NCCIM) secretary-general Datuk Syed Hussien Al Habshee, “national aspiration” is an important criteria in deciding the winner.

“For NCCIM, companies or SMEs that support or promote national aspiration or take efforts towards achieving it in the course of their business operations will be taken into account when voting for the winners,” he said.

The submission deadline is August 15. Check out the instructions here.