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FAQ

A: The SME and Entrepreneurs Business Awards (SEBA) is an annual recognition event that aims to recognise and identify the SMEs, conglomerates, and outstanding entrepreneurs in Malaysia and neighbouring countries (that have businesses in or have contributed to Malaysia's economy).
SEBA is an annual effort organised by Yayasan Usahawan Malaysia and curated by Xhale Asia (M) Sdn Bhd. It is an impartial, independent, and objective merit for enterprises. SEBA's mission is to give entrepreneurs a stable platform for recognition, networking, and continual growth. The award recognises firms that excel in their business strategy, growth metrics, and best practices.
SEBA was launched in 2016 and as of today, SEBA has recognised approximately 350 industry leaders. To retain the award's exclusivity, SEBA will recognise 70 nominees for their extraordinary and admirable performance each year.

A: SEBA is a neutral, all-inclusive award platform that recognises excellent small and medium-sized enterprises (SMEs) and high-potential start-ups for their skills and best practices through an integrated platform that delivers industry recognition through a distinguished award recognition ceremony, print, online, business media, and a comprehensive ecosystem that connects the public and private sectors.
The SME and Entrepreneur Business Awards (SEBA) assess the nominees with the help of our esteemed Board of Advisors (BOA), which includes members from both the government and private sectors and non-governmental organisations.
This jury line allows SEBA to open up a solid niche in choosing winners and provides quality and reliability, followed by strict scoring and criteria. The official auditor will further verify this to enable efficient auditing and analysis of the candidate's financial sustainability.

A:
Phase 1: Pre-qualification by SEBA Committee or through self-nomination
Phase 2: Online documents submission, vet, and validation by SEBA Committee
Phase 3: On-site audit and interview
Phase 4: Financial assessment rating by the appointed auditors
Phase 5: Jury judgment by Board of Advisors
Phase 6: Final verification process by SEBA Committee
Phase 7: Award letters for recipients' confirmation
Phase 8: Awards Gala Dinner and post-event publicity campaign

A: SMEs, start-ups, and individuals that have business in Malaysia are eligible to submit entries to compete for the award titles. (Please refer to the Nomination Process FAQ for more information)

A: The are two segments: Entrepreneurs and Enterprises. For more information, please visit our website https://seba.asia/asian-business-awards/

A: Each company must have been in business for at least two years and have a minimum yearly turnover of RM500,000. They must also provide the most recent two years of audited financial reports.
Yes, you may enter more than one nomination category; one for SME and one for Entrepreneur.

A: Nominees must prepare and provide these documents to our SEBA Committee:
Company Registration Certificate
Corporate Business Profile
Two years of audited financial reports

A: Yes, a non-refundable cost of RM1500 for one nomination and RM2700 for two nominations will be payable.
You will receive a 10% discount on the total fee if you enter more than one award.

A: The nomination fee is for administrative, auditing and other processing costs.

A: The award application assessment will take about 4 - 8 weeks. The processes for the applications are as follows:
  1. Nomination Entry
  2. Auditing Process
  3. Interviews (Online, Questionnaires)
  4. Results

A: Applications, information, and supporting documents are kept private and confidential and are only for the usage of the Board of Advisory, assessment and judging panel, sponsors, and respective marketing affiliates under the SEBA award.

A: The SEBA Committee will be in touch, and the winner will receive an official winning letter.

A: Yes, attendance is compulsory for the winners. Should you be unavailable to attend, you may appoint another person from the company's Board of Directors to receive the award on your behalf.

A: Yes, there will be a compulsory awardee participation fee that covers the awards gala dinner, marketing, advertising, public relations, and an exclusive lifetime SEBA Elite Club membership.

A: You and your company will receive industry recognition, build customer confidence, strengthen your brand positioning and gain market visibility.
All SEBA award winners receive an exclusive SEBA Business Club membership that is only open to the award winners for business networking and special offers.

A: Yes, you can.

A: Please find our Board of Advisors here.

A: All industries are welcome to participate. You may find the industry categories Click here.

A: SEBA alumni are listed here.

A: You can email support@seba.asia , call +60 12 449 7790 or through WhatsApp with Suzy
for further assistance.