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PRESIDENT’S CHALLENGE
2012   SOCIAL ENTERPRISE
       AWARD




       AWARD BROCHURE |
PRESIDENT’S CHALLENGE SOCIAL ENTERPRISE AWARD 2012


“The President’s Challenge Social Enterprise Award aims to recognise outstanding social
enterprises which are innovative and have made significant sustained contributions to the
disadvantaged in our community. I hope that through this new award, the President’s Challenge
will inspire more individuals, particularly our youths, to develop business ventures that also serve
social causes.”
                                                                     - President Tony Tan Keng Yam
                                                                                  Launch of PC 2012
                                                                                     27 March 2012


INTRODUCTION

Launched in March 2012, the President’s Challenge Social Enterprise Award, is the only award within
the social enterprise sector in Singapore that aims to recognize outstanding social enterprises for
their contributions made to the social services sector.

Social enterprises are businesses with a social mission. Social enterprises derive majority of their
earned income through trading activities. Social enterprises strive to achieve both financial
sustainability and their social objectives. The profits earned through their sustainable operations are
generally ploughed back to further their social causes.



OBJECTIVES

The objectives of the President’s Challenge Social Enterprise Award are:

    a) To recognize successful and sustainable social enterprises which operate and create social
       impact in Singapore;

    b) To inspire aspiring social entrepreneurs and youths to develop innovative and sustainable
       social enterprises targeted at the local social services sector; and

    c) To enhance public awareness of social enterprises by sharing best practices and success
       stories of award winners.




AWARDS COMMITTEE

The President’s Challenge Social Enterprise Award winners will be selected by an Awards Committee
comprising distinguished members from the corporate, people and public sectors. The Awards
Committee will be appointed annually by the Permanent Secretary of the Ministry of Community
Development, Youth and Sports.

                                                                                            2|P a g e
AWARD CATEGORIES

The President’s Challenge Social Enterprise Award consists of three Award categories:

    a) Social Enterprise of the Year

         -   For social enterprises which have incorporated or operated for more than 2 years

    b) Social Enterprise Start-up of the Year

         -   For social enterprises which have incorporated or operated for 2 years or less

    c) Youth Social Enterprise of the Year

         -   For social enterprises founded and managed by youths aged under 35 years old

Each social enterprise can choose to apply in only one category of Award. The Awards Committee
reserves the right to re-assign the social enterprise to another Award category best suited to the
social enterprise based on its size, experience and maturity.



ELIGIBILITY CRITERIA

To be eligible for the Award, social enterprises must be:

    a) Incorporated/registered in Singapore; and

    b) Operating and creating social impact within the social service sector in Singapore.



In line with President’s Challenge, social enterprises should serve the following key beneficiary
groups:

    a) Ex-offenders and ex-drug abusers;

    b) Persons with disabilities;

    c) Persons recovering from psychiatric illness;

    d) Children;

    e) Youths-at-risk;

    f)   Elderly; and

    g) Individuals from needy families.



Social enterprises serving other beneficiary groups within the social service sector in Singapore will
be considered based on the merits of each application.



                                                                                              3|P a g e
JUDGING CRITERIA

Nominees for the President’s Challenge Social Enterprise Award will be evaluated based on the
following key criteria:

    a) Social Impact

        -   Social enterprises are expected to show how their operations, in particular, their
            products/services/business models, have benefited the disadvantaged in the community.
            For example, enhancing self-reliance amongst needy disadvantaged persons through
            employment opportunities or committing a significant portion of their profits towards
            meeting their social purpose.

    b) Leadership/Governance

        -   Social enterprises’ leaders are expected to demonstrate their vision, commitment and
            perseverance, ability to provide strategic direction and building team commitment as
            well as ensuring corporate governance.

    c) Business Performance & Financial Viability

        -   Social enterprises are expected to demonstrate the effective use of resources and their
            ability to operate a sustainable business, as indicated through their financial accounts.
            Strong preference will be given to social enterprises which derive majority of their
            earned income through trading activities. Social enterprises which can show scalability
            in their business model would have an advantage.

    d) Innovation & Productivity Improvement

        -   Social enterprises are expected to demonstrate entrepreneurial thinking behind their
            set-up including application of innovation and productivity improvements in their
            products/services/business processes.

    e) Working Environment of Social Enterprise

        -   Social enterprises are expected to show how they have sought to prove a good and safe
            working environment for their employees, especially the disadvantaged ones, including
            evidences of effective communication channels between management and employees
            as well as good human resource practices.



SELECTION PROCESS

Participation for the President’s Challenge Social Enterprise Award is by self-nomination using the
official 2012 President’s Challenge Social Enterprise Award Nomination Form. The completed form
and the required supporting documents must be submitted by 31 August 2012 at 5pm to:

President’s Challenge Social Enterprise Award Secretariat
c/o Ministry of Community Development, Youth and Sports
512 Thomson Road #08-00 MCYS Building
Singapore 298136
                                                                                            4|P a g e
All eligible nominations will be assessed as follows:




AWARDS AND PRIZES

Award winners will be invited to attend the Award presentation ceremony to be held in
December 2012.

Each Award winner will receive:

     a) A Trophy; and

     b) Cash Award

           -    Social Enterprise of the Year : S$15,000

           -    Social Enterprise Start-up of the Year : S$10,000

           -    Youth Social Enterprise of the Year : S$10,000



ENQUIRIES AND INFORMATION

For more information regarding the President’s Challenge Social Enterprise Award and to download a
copy of the Nomination Form, please refer to the website: www.pc.org.sg/SocialEnterpriseAward.aspx
or email the Award Secretariat at: mcys_se@mcys.gov.sg



Note:
All decisions made by the Awards Committee are final and binding in all aspects related to the Awards. The Awards Committee, at its sole
discretion, reserves all rights to modify the rules and criteria for the Awards. The Awards Committee also reserves the right to withdraw or
revoke any award that has been made and/or presented.



                                                                                                                              5|P a g e

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President's Challenge Social Enterprise Award Brochure 2012

  • 1. PRESIDENT’S CHALLENGE 2012 SOCIAL ENTERPRISE AWARD AWARD BROCHURE |
  • 2. PRESIDENT’S CHALLENGE SOCIAL ENTERPRISE AWARD 2012 “The President’s Challenge Social Enterprise Award aims to recognise outstanding social enterprises which are innovative and have made significant sustained contributions to the disadvantaged in our community. I hope that through this new award, the President’s Challenge will inspire more individuals, particularly our youths, to develop business ventures that also serve social causes.” - President Tony Tan Keng Yam Launch of PC 2012 27 March 2012 INTRODUCTION Launched in March 2012, the President’s Challenge Social Enterprise Award, is the only award within the social enterprise sector in Singapore that aims to recognize outstanding social enterprises for their contributions made to the social services sector. Social enterprises are businesses with a social mission. Social enterprises derive majority of their earned income through trading activities. Social enterprises strive to achieve both financial sustainability and their social objectives. The profits earned through their sustainable operations are generally ploughed back to further their social causes. OBJECTIVES The objectives of the President’s Challenge Social Enterprise Award are: a) To recognize successful and sustainable social enterprises which operate and create social impact in Singapore; b) To inspire aspiring social entrepreneurs and youths to develop innovative and sustainable social enterprises targeted at the local social services sector; and c) To enhance public awareness of social enterprises by sharing best practices and success stories of award winners. AWARDS COMMITTEE The President’s Challenge Social Enterprise Award winners will be selected by an Awards Committee comprising distinguished members from the corporate, people and public sectors. The Awards Committee will be appointed annually by the Permanent Secretary of the Ministry of Community Development, Youth and Sports. 2|P a g e
  • 3. AWARD CATEGORIES The President’s Challenge Social Enterprise Award consists of three Award categories: a) Social Enterprise of the Year - For social enterprises which have incorporated or operated for more than 2 years b) Social Enterprise Start-up of the Year - For social enterprises which have incorporated or operated for 2 years or less c) Youth Social Enterprise of the Year - For social enterprises founded and managed by youths aged under 35 years old Each social enterprise can choose to apply in only one category of Award. The Awards Committee reserves the right to re-assign the social enterprise to another Award category best suited to the social enterprise based on its size, experience and maturity. ELIGIBILITY CRITERIA To be eligible for the Award, social enterprises must be: a) Incorporated/registered in Singapore; and b) Operating and creating social impact within the social service sector in Singapore. In line with President’s Challenge, social enterprises should serve the following key beneficiary groups: a) Ex-offenders and ex-drug abusers; b) Persons with disabilities; c) Persons recovering from psychiatric illness; d) Children; e) Youths-at-risk; f) Elderly; and g) Individuals from needy families. Social enterprises serving other beneficiary groups within the social service sector in Singapore will be considered based on the merits of each application. 3|P a g e
  • 4. JUDGING CRITERIA Nominees for the President’s Challenge Social Enterprise Award will be evaluated based on the following key criteria: a) Social Impact - Social enterprises are expected to show how their operations, in particular, their products/services/business models, have benefited the disadvantaged in the community. For example, enhancing self-reliance amongst needy disadvantaged persons through employment opportunities or committing a significant portion of their profits towards meeting their social purpose. b) Leadership/Governance - Social enterprises’ leaders are expected to demonstrate their vision, commitment and perseverance, ability to provide strategic direction and building team commitment as well as ensuring corporate governance. c) Business Performance & Financial Viability - Social enterprises are expected to demonstrate the effective use of resources and their ability to operate a sustainable business, as indicated through their financial accounts. Strong preference will be given to social enterprises which derive majority of their earned income through trading activities. Social enterprises which can show scalability in their business model would have an advantage. d) Innovation & Productivity Improvement - Social enterprises are expected to demonstrate entrepreneurial thinking behind their set-up including application of innovation and productivity improvements in their products/services/business processes. e) Working Environment of Social Enterprise - Social enterprises are expected to show how they have sought to prove a good and safe working environment for their employees, especially the disadvantaged ones, including evidences of effective communication channels between management and employees as well as good human resource practices. SELECTION PROCESS Participation for the President’s Challenge Social Enterprise Award is by self-nomination using the official 2012 President’s Challenge Social Enterprise Award Nomination Form. The completed form and the required supporting documents must be submitted by 31 August 2012 at 5pm to: President’s Challenge Social Enterprise Award Secretariat c/o Ministry of Community Development, Youth and Sports 512 Thomson Road #08-00 MCYS Building Singapore 298136 4|P a g e
  • 5. All eligible nominations will be assessed as follows: AWARDS AND PRIZES Award winners will be invited to attend the Award presentation ceremony to be held in December 2012. Each Award winner will receive: a) A Trophy; and b) Cash Award - Social Enterprise of the Year : S$15,000 - Social Enterprise Start-up of the Year : S$10,000 - Youth Social Enterprise of the Year : S$10,000 ENQUIRIES AND INFORMATION For more information regarding the President’s Challenge Social Enterprise Award and to download a copy of the Nomination Form, please refer to the website: www.pc.org.sg/SocialEnterpriseAward.aspx or email the Award Secretariat at: mcys_se@mcys.gov.sg Note: All decisions made by the Awards Committee are final and binding in all aspects related to the Awards. The Awards Committee, at its sole discretion, reserves all rights to modify the rules and criteria for the Awards. The Awards Committee also reserves the right to withdraw or revoke any award that has been made and/or presented. 5|P a g e