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Every 12 months, Ernst & Young (EY) recognises a lineup of entrepreneurs in its EY Entrepreneur Of The Year (EOY) awards programme. This is one thing that occurs worldwide, and in Malaysia particularly, it has been an annual occasion for over twenty years.
The Malaysian version of this prestigious award has seen winners equivalent to Top Glove Corporation’s YBhg Tan Sri Dr Lim Wee-Chai, AirAsia’s YBhg Tan Sri Tony Fernandes, Kamarul A Muhamed of Aerodyne Group, and lots of extra notable entrepreneurs.
The EOY awards has 4 classes, particularly Emerging Entrepreneur, Technology Entrepreneur, Woman Entrepreneur, and Master Entrepreneur.
Here are the entrepreneurs who have been celebrated by the Malaysian EOY awards this 12 months.
Emerging Entrepreneur Of The Year: Ian Chua and Venon Tian of ZUS Coffee
With COO Venon Tian having simply been named SEBA’s Entrepreneur of the Year, ZUS Coffee continues its profitable streak with founders Venon and Ian Chua (CEO) incomes the joint title EY Emerging Entrepreneur Of The Year 2023.
More than simply serving espresso, ZUS Coffee touts itself as a tech-driven chain, utilising trendy know-how to set its merchandise aside.
The Malaysian espresso chain can also be recognized for its widespread accessibility, having grown greater than 320 retailers in simply 4 quick years. And it looks like it’s solely up from right here for the workforce.
ZUS Coffee is increasing its operations to the Phillipines and somewhat birdie informed us that it could simply be searching for grasp franchisers in different international locations within the area.
Aside from the duo, different prime nominees on this class embody:
- Ker Chin Keong, the founder and CEO of E Health, a research-based firm producing well being merchandise beneath Excelife.
- William Tan Wei Lun, the managing director and CEO of ITMAX System, which is working to reinforce high quality of life via sensible metropolis options.
- Ezra Tan Koon Hock, the CEO of Kairos Harvest, an agritech firm with a wise, built-in vanilla farm in Penang.
Technology Entrepreneur Of The Year: Giva Kuppusamy of GK Aqua
Founded by Giva Kuppusamy in 2016, GK Aqua is an aquaculture-focused startup that’s working to attain a inexperienced round financial system via biotechnology.
With their know-how, the workforce helps freshwater prawn farmers obtain thrice increased yields. Beyond simply upping manufacturing, Giva has additionally helped create over 30 jobs for the deprived via its Malaysian Udang Galah Aquapreneur (MUGA) programme.
With a flagship 1,000-acre challenge in Pahang, GK Aqua has been recognised by platforms equivalent to Cradle and SME Corp as a promising biotech startup, EY acknowledged.
The prime nominees on this class embody:
- Dr Raymond Choy, the CEO DOC2US. The telemedicine and e-pharmacy platform connects healthcare professionals with sufferers to enhance Malaysians’ wellbeing and well being.
- Tommy Lim, the managing director of ICT Zone Asia, which is a know-how and financing platform that gives know-how service options to handle the life cycles of IT units.
Woman Entrepreneur Of The Year: Lee Hui Jing of BilaBila Mart
Launched simply days earlier than the pandemic lockdowns, BilaBila Mart is a Malaysian comfort retailer chain with a story of resilience and development. Today, it has 48 retailers and counting, based on its Instagram web page.
Its founder, Lee Hui Jing, is widely known by EOY for her entrepreneurship that additionally serves to help different aspiring entrepreneurs.
Not simply your typical comfort retailer, BilaBila Mart is devoted to retailing native manufacturers with no presence within the typical brick-and-mortar chain shops at zero value, serving as a platform for different native SMEs.
The prime nominees of this class are:
- Dr Tan Hui Ling, the managing director of Bagan Specialist Centre, which was the primary personal hospital on mainland Penang again when it was established in 1988. Today, it’s change into a one-stop multidisciplinary, complete tertiary hospital.
- Sandy Tan Sing Yee, the CEO of Optimax Holdings, a watch healthcare and options firm that leverages superior know-how to supply eye healthcare providers.
Master Entrepreneur Of The Year: Dato’ Foong Wei Kuong of JF Technology
Finally, the honour of being EY Malaysia’s Master Entrepreneur Of The Year 2023 goes to Dato’ Foong Wei Kuong, the founder and managing director of JF Technology.
Part of Malaysia’s flourishing semiconductors {industry}, JF Technology is a supplier of high-performance take a look at interface options for international built-in circuit (IC) makers.
According to EY, the entrepreneur began this enterprise in his personal kitchen as a producer and dealer of digital parts.
In time, he reworked that enterprise into one of many prime take a look at contacting options suppliers in not simply Malaysia however the world, serving over 100 multinational firms globally.
The firm has filed 85 patents worldwide and presently owns 38 patents.
More than its work within the subject, JF Technology additionally works with native universities to supply industry-relevant topics to nurture younger skills, elevating Malaysia’s place within the semiconductor worth chain.
Other shortlisted nominees on this class definitely deserve recognition too. There’s Vinesh Sinha, the managing director of FatHopes Energy. The firm makes use of biofuels to cut back carbon emissions, aggregating used cooking oil in a logistically economical method for biofuel producers.
There’s additionally Ong Hang Ping, the CEO and govt director of Sunview Group, an organization providing holistic renewable vitality. Taking over the enterprise in 2015, this entrepreneur expanded the corporate’s attain to assist extra folks play an element in making a sustainable vitality ecosystem.
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We congratulate all of the winners in addition to the nominees of EY Entrepreneur Of The Year Malaysia 2023.
Of course, this solely marks the start of a brand new chapter for these entrepreneurs, whom we are going to regulate to see what additional improvements they might carry to the Malaysian entrepreneurial panorama.
- Learn extra about EY Entrepreneur Of The Year right here.
- Read different articles we’ve written about Malaysian startups right here.
Featured Image Credit: Ernst & Young
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