SINGAPORE: The inaugural Singapore Teochew Entrepreneur Award was launched on Friday (Feb 5) to help foster a greater sense of community among Teochew businessmen.
Organised by the Teochew Poit Ip Huay Kuan, the umbrella body for Teochew clans in Singapore, the award is the first business award by a dialect group in Singapore.
At the launch event attended by Minister of State for Trade and Industry Koh Poh Koon, the clan association said the new award seeks to recognise successful and promising Teochew entrepreneurs for their positive contributions to business and society.
The award will consist of three main categories: Promising, Prestige and Honorary Award. Each targets entrepreneurs at different milestones in their businesses.
The winners of the inaugural award will be announced at a gala dinner on Jun 17.
Said Mr Kenny Sim, organising chairman of the Singapore Teochew Entrepreneur Award: "We hope to encourage the Singapore Teochew entrepreneurs to come together and learn from one another, provide best practices and maybe avoid some of the mistakes they have made. (And) with the help of the Singapore Government agencies such as IE Singapore, SPRING, to tap onto China's 'One Belt, One Road' opportunities."