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SOE Announcement - Entrepreneurship Awards Attract Record Number of Participants 10 oct 2008


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									              Embargoed until 7.30pm on Friday, 10 October 2008

Singapore Entrepreneurship Awards Attract Record Number of Participants


Singapore, October 10 2008, It was announced today that the Spirit of Enterprise
(SOE) Awards will honour more than 43 entrepreneurs from a field of over 144
business owners hoping to drive Singapore’s future in a time of global economic
uncertainty. A total of over 48,000 votes were registered for the candidates.

A wide spectrum of business types were named in the list with more representation
from technology and consulting firms as compared to last year. This is a trend that
Henry Tan, SOE president, interprets as reflecting the future direction of Singapore.
“As we shift towards a knowledge-based economy it is essential that innovation is
nurtured in the youth as their ideas will be driving the country in 20 years from now.
This year the programs we support - ranging from primary school talks to university
mentoring schemes – involved almost 4800 local students. We hope that the
interaction we have facilitated has imparted some inspiration from the entrepreneur
to the student and I like to think that, in a few cases, there may have been a two way
flow of ideas”.

The Awards Ceremony is held at the Pan Pacific Hotel Ballroom, the event was
graced by Mr Lee Yi Shyan, Minister of State for Trade and Industry as the guest of
Honour. Two other awards were also presented at the ceremony. The Best Student
Interviewer Awards went to Mr. Khairul Amin from the Singapore Institute of
Management and Ms. Adrian Chia Su Ming from the Nanyang Polytechnic, while the
Friends of Enterprise Awards went to ACE and SMU.

The organisation was set up in 2003 to encourage entrepreneurial activity in the
youth of Singapore and has since spread to America, Mauritius, Vietnam and China.
Recent initiatives include the NUS Start-up program and the Shadow-an-
Entrepreneur scheme which provide university students an insight into life at the
helm of a growing business. SOE also publishes a book every year and this year’s
book is titled THRIVE: Ordinary Enterprises, Extraordinary Entrepreneurs, which
               Embargoed until 7.30pm on Friday, 10 October 2008

uncover the success secrets of 10 previous SOE Honourees and this year’s 144
nominees. The book is available at the book stores and libraries.

NOTE TO EDITORS: The awards ceremony will be held on October 10, 2008. To
register your attendance and for access to this year’s nominees and/or comments
from Spirit of Enterprise, please contact Kelly Teoh on +65 97639054 or email at The biographies of the 43 honourees and their success stories are
enclosed with this press release

About Spirit of Enterprise
Spirit of Enterprise (SOE), an Institute of Public Charter, promotes and advances
entrepreneurial spirit in Singapore by honoring local self-reliant entrepreneurs operating small
and medium-sized businesses, and serves to inspire Singaporeans, especially the young, to
become entrepreneurs by facilitating interaction, communication and knowledge
dissemination between students, the entrepreneurs and the general public. Its key programs
include Spirit of Enterprise Awards, Student-Entrepreneur Program, and SOE Books on
Entrepreneurship distributed free to local university and polytechnic business school courses.

SOE is funded by the private sector and its board of governors which consists of established
entrepreneurs, corporate senior management, students, public service and political leaders.
For more information, please visit

About Spirit of Enterprise Awards
The Spirit of Enterprise Awards has been held every year since 2003 and the ceremony will
be held on the 10th October 2008 at The Pan Pacific Hotel, Singapore. Guests will include
figures from industry, academia and the Minister of State for Trade and Industry Lee Yi Shyan
will give a presentation to the entrepreneurs and students present.

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