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We have received reports from member companies and past award winners informing that they have fallen victim to the growing number of marketing packages disguised as "Business Awards". These schemes are aggressively marketed to Singapore businesses, and typically operate by sending unsolicited WhatsApp messages, cold calls or emails claiming that the business has been "nominated" or "selected" for an award, after which payment is demanded for trophies, plaques, gala dinners, marketing and/or sponsorship packages.
These entities have no affiliation with ATC, the Singapore SME 500 Award or any of ATC's Business Standards programmes.
ATC does not cold-solicit businesses for award participation and any correspondence from ATC are via our official domain @atc.sg or official WhatsApp accounts. ATC's WhatsApp accounts are used only after a verified relationship has been established and only for notices, automated status updates and administrative transactions to existing applicants and members. If your first-ever contact from "ATC" is a WhatsApp message informing that you have been "nominated" or "selected" to participate and pay for an award, it is not from us.
If you are unsure of the source of communications:
Important Note: ATC only administers the Singapore SME 500 Award and the other segments officially listed under ATC's Business Standards. Any other programmes not listed on our official website is not endorsed by, affiliated with or recognised by ATC.
For more information, please visit our advisory page .
The Singapore SME 500 Award was launched to recognise Singapore's leading Small-Medium Enterprises (SMEs) across major industries and trade sectors.
As one of Singapore's long running and highly benchmarked business award, the Singapore SME 500 award continues to recognise SMEs that have been developed and managed effectively, performed well in its fiscal years, instilled and maintained business excellence in its operations. Apart from business excellence, the Singapore SME 500 Award honours leading businesses that have proven its success within relating industries, boasting abilities and capabilities to expand and internationalise.
Well recognised in Singapore's trade and business community, achieving the Singapore SME 500 Award endorses the business's success, affirming the business's position within the industry and is certainly a significant milestone in one's entrepreneur journey.
As one of Singapore’s highly regarded and recognised business awards, the Singapore SME 500 Award serves as a key benchmark of enterprise quality and standards. SMEs that bear the iconic Singapore SME 500 Award trademark signify strength, competitiveness, business excellence, and the capability to scale beyond boundaries.
Recognising only the most enterprising and privately held companies that have significant accomplishments in both quantitative and qualitative aspects, the Singapore SME 500 Award is an award that businesses strives for continuous improvements to achieve on an annual basis, accelerating business's appetite for growth and success.
As a recipient of the Singapore SME 500 Award, it does not only affirms one's strength and qualities in business excellence, but open up doors to local and global opportunities and business network, to continue striving and soar towards greater heights.
Total applications received and assessed
Total enterprises conferred the award in 2025
Major sectors in which Singapore SMEs trade and operate
Quantitative and qualitative areas every applicant is assessed against
Did you know - What does the “500” in the Singapore SME 500 Award stand for?
A benchmark, not a quota of number of winners.
The “500” in SME 500 denotes the benchmark standard and is not a representation of a quota (eg: total awardees of 500). Every applicant is independently assessed against the SME 500 framework, and every enterprise scoring 75% or above is conferred the Award for that year. Similar as an index, the SME 500 registry is refreshed annually: enterprises must meet the standard each year to remain on it.
Because every applicant is assessed against the same framework, the SME 500 functions as an index of enterprise performance across 20+ industries and trade sectors. The aggregated assessment data shows ATC which sectors are performing and which may require support. With these insights, we translate into targeted initiatives, programmes and policy advocacy that help Singapore businesses strengthen, compete and scale.
A highly benchmark accolade that endorses business standards, capabilities and quality to customers, partners and public.
Authorised usage of the iconic trademark across the awarded business and brand that build instant credibility in partnerships.
Open doors to ATC’s cross-sector business community, and local and global expansion opportunities.
Understand exactly where your business stands through ATC’s structured, four-area assessment framework.
Be eligible for the SME of the Year public vote, rallying your community and amplifying your brand.
Every recipient is listed in ATC’s official registry, independently verifiable by your clients and global partners.
Exemplify your organisation’s commitment to business excellence, quality and standards. Be assessed and endorsed under Singapore SME's benchmark for business excellence.