SINGAPORE - Teochew Poit Ip Huay Kuan,the umbrella body for Teochew clans in Singapore, officially launched the inaugural Singapore Teochew Entrepreneur Award (SGTEA) today.
The award aims to honour and promote the achievements of successful and promising Teochew entrepreneurs.
Mr George Quek, chairman of BreadTalk Group and president of Teochew Poit Ip Huay Kuan, said the winners of the awards would inspire businessmen and women and promote the Teochew businessman values of courage, perseverance, determination, diligence and innovation.
The award consists of three categories - Promising Award, Prestige Award and the esteemed Honorary Award.
Each targets entrepreneurs at different stages of their business. Participants can choose to take part in either the Promising or Prestige Award whereas the Honourary Award winner will be nominated by the award organising committee.
Participants will be put through a panel of judges who are from statutory boards. These judges also include succeessful small and medium enterprise owners, and professionals.
The award's long term vision is to bring Teochew entrepreneurs together on a regional platform.
Organising chairman of Singapore Teochew Entrepreneur Award Kenny Sim said: "The award will eventually reach out to Teochew Associations in various countries to have entrepreneurs from each country compete in this award on a regional level. This will also facilitate the strengthening of business ties across borders, helping us grow as entrepreneurs."