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How to Apply

SMEs must first meet Qualifying Criteria

Registration Status

  • Registered and operating in Singapore
  • Have minimum 30% local shareholding
  • Not listed on any stock exchange

Business Standing

  • Business's Group annual sales turnover up to SGD100,000,000
  • Business's Group employment size not more than 200 workers

Others

  • All subsidiaries of listed parent companies are not eligible
  • If unlisted parent company participates, all subsidiaries will not be eligible
  • If unlisted parent company chooses not to participate, then all unlisted subsidiaries are eligible for consideration
Scores awarded to SMEs based on the DELS criteria

DELS Criteria

When applying at the business level, applications will be scored based on the DELS criteria:

Scores for the first three criteria (D, E, and L) would be awarded based on essays submitted. For the criteria on Supporting Figures, business may provide relevant information to the judging panel at their discretion.

Participating SMEs are required to ensure their submissions are in accordance to the following areas of evaluation:

Digital Enablement: Can it help the business adapt to changing needs?
State why and how the business has improved daily operations through digitalisation and innovation.

Employee Development: Can all employees benefit from this?
State how the business has communicated, updated, and equipped all employees with the information and know-how they need concerning these digital and innovation initiatives.

Leadership Direction: Is it sustainable?
Explain how digitalisation and innovation is sustainably, actively promoted and encouraged in the business.

Supporting Figures: Any tangible results?
Provide the relevant facts and figures to showcase the significance of their digitalisation and innovation efforts.

Submit essay and supporting documents

The Submission Kit should include the following:

  1. A copy of the completed Application Form
  2. A certified-true copy of the latest 2 years of financial statements
  3. A certified-true copy of min. 1-year of financial statements since implementation of business innovation, if not already provided under Point 2
  4. ACRA Business Profile
  5. Any other supporting documents

All documents to be zipped and submitted via email to sme.leap@uobgroup.com latest by
Friday, 15 February 2019, SGT 6pm

Site visits and interview will be conducted

A site visit and interview will be conducted. Winners will be decided at this stage.

1
QUALIFY
SMEs must first meet Qualifying Criteria

Registration Status

  • Registered and operating in Singapore
  • Have minimum 30% local shareholding
  • Not listed on any stock exchange

Business Standing

  • Business's Group annual sales turnover up to SGD100,000,000
  • Business's Group employment size not more than 200 workers

Others

  • All subsidiaries of listed parent companies are not eligible
  • If unlisted parent company participates, all subsidiaries will not be eligible
  • If unlisted parent company chooses not to participate, then all unlisted subsidiaries are eligible for consideration
2
SCORE
Scores awarded to SMEs based on the DELS criteria

DELS Criteria

When applying at the business level, applications will be scored based on the DELS criteria:

Scores for the first three criteria (D, E, and L) would be awarded based on essays submitted. For the criteria on Supporting Figures, business may provide relevant information to the judging panel at their discretion.

Participating SMEs are required to ensure their submissions are in accordance to the following areas of evaluation:

Digital Enablement: Can it help the business adapt to changing needs?
State why and how the business has improved daily operations through digitalisation and innovation.

Employee Development: Can all employees benefit from this?
State how the business has communicated, updated, and equipped all employees with the information and know-how they need concerning these digital and innovation initiatives.

Leadership Direction: Is it sustainable?
Explain how digitalisation and innovation is sustainably, actively promoted and encouraged in the business.

Supporting Figures: Any tangible results?
Provide the relevant facts and figures to showcase the significance of their digitalisation and innovation efforts.

3
SUBMIT
Submit essay and supporting documents

The Submission Kit should include the following:

  1. A copy of the completed Application Form
  2. A certified-true copy of the latest 2 years of financial statements
  3. A certified-true copy of min. 1-year of financial statements since implementation of business innovation, if not already provided under Point 2
  4. ACRA Business Profile
  5. Any other supporting documents

All documents to be zipped and submitted via email to sme.leap@uobgroup.com latest by
Friday, 15 February 2019, SGT 6pm

4
VERIFY
Site visits and interview will be conducted

A site visit and interview will be conducted. Winners will be decided at this stage.

  • Individuals must belong to an SME that has sent in an application on the business level
  • They can apply on their own or be nominated by their employers

When applying as an individual, ensure that your/the person’s submission is in accordance to the following areas of evaluation:

  1. What sparked off the individual to embark on this initiative? (25%)
  2. Describe the initiative driven by the individual (25%)
  3. Describe the obstacles faced along the way and how the individual managed to overcome them. How did the individual convince internal stakeholders and fellow employees along the way? (25%)
  4. What were the tangible and intangible effects brought about to the business, employees and other stakeholders? (25%)
Submit essay and supporting documents

The Submission Kit should include the following:

  1. A copy of the completed Application Form for Individuals
  2. All other documents required for the SME’s submission on the business level

All documents to be zipped and submitted via email to sme.leap@uobgroup.com latest by
Friday, 15 February 2019, SGT 6pm

1
QUALIFY
  • Individuals must belong to an SME that has sent in an application on the business level
  • They can apply on their own or be nominated by their employers

When applying as an individual, ensure that your/the person’s submission is in accordance to the following areas of evaluation:

  • What sparked off the individual to embark on this initiative? (25%)
  • Describe the initiative driven by the individual (25%)
  • Describe the obstacles faced along the way and how the individual managed to overcome them. How did the individual convince internal stakeholders and fellow employees along the way? (25%)
  • What were the tangible and intangible effects brought about to the business, employees and other stakeholders? (25%)
2
SUBMIT
Submit essay and supporting documents

The Submission Kit should include the following:

  1. A copy of the completed Application Form for Individuals
  2. All other documents required for the SME’s submission on the business level

All documents to be zipped and submitted via email to sme.leap@uobgroup.com latest by
Friday, 15 February 2019, SGT 6pm

Submission Deadline

15 February 2019, SGT 6PM