Qualifying Criteria

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 with at least 40% local equity;

2.    must fulfill 4 star & above from SCORE Programme;

3.    must not be listed on any Malaysian Bourse, including ACE Market (formerly known as MESDAQ);

4.    can either be a parent company or a subsidiary. If the parent company participates, all subsidiaries will not be eligible; and

5.    must have 3 years audited financial records.

 

 * Definition of SMEs

 

Category of SMEs;

Manufacturing

"Enterprises with annual sales turnover not exceeding ≤RM50million OR with full-time employees not exceeding ≤200 "

Services and other sectors

"Enterprises with annual sales turnover not exceeding ≤RM20 million OR with full-time employees not exceeding ≤75 "