E50 companies are an elite group with the privilege of using the E50 logo on their corporate collateral identifying themselves as the cream of Singapore's business crop. Being an E50 company is a valuable mark of recognition for any local company.
Since its inception, the Enterprise 50 Awards has honoured close to 500 local companies, of which more than a hundred have gone on to be listed on the local bourse. It is sometimes regarded by many local enterprises as a stepping stone towards a public listing, and is a sought-after stamp recognising excellence.
Extensive media coverage is also provided, giving these companies due recognition and support. With a heightened public profile, these enterprises can enjoy greater business opportunities as a result.
The Business Times, The Straits Times and Lian He Zao Bao also produce a special Enterprise 50 supplement in conjunction with the E50 Gala Dinner where the E50 companies for the year are announced. The gala dinner is typically held in the fourth quarter of the year.
Subsequently, The Business Times will profile the Enterprise 50 companies during the course of the year.