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Yearly, Ernst & Younger (EY) recognises a lineup of entrepreneurs in its EY Entrepreneur Of The Yr (EOY) awards programme. That 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 reminiscent of Prime Glove Company’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, specifically Rising Entrepreneur, Know-how Entrepreneur, Girl Entrepreneur, and Grasp Entrepreneur.
Listed below are the entrepreneurs who have been celebrated by the Malaysian EOY awards this yr.
Rising Entrepreneur Of The Yr: Ian Chua and Venon Tian of ZUS Espresso
With COO Venon Tian having simply been named SEBA’s Entrepreneur of the Yr, ZUS Espresso continues its profitable streak with founders Venon and Ian Chua (CEO) incomes the joint title EY Rising Entrepreneur Of The Yr 2023.
Extra than simply serving espresso, ZUS Espresso touts itself as a tech-driven chain, utilising trendy expertise to set its merchandise aside.
The Malaysian espresso chain can also be identified 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 crew.
ZUS Espresso is increasing its operations to the Phillipines and a little bit birdie advised us that it could simply be searching for grasp franchisers in different international locations within the area.
Apart from the duo, different high nominees on this class embrace:
- Ker Chin Keong, the founder and CEO of E Well being, a research-based firm producing well being merchandise below Excelife.
- William Tan Wei Lun, the managing director and CEO of ITMAX System, which is working to boost high quality of life by way of sensible metropolis options.
- Ezra Tan Koon Hock, the CEO of Kairos Harvest, an agritech firm with a wise, built-in vanilla farm in Penang.
Know-how Entrepreneur Of The Yr: Giva Kuppusamy of GK Aqua
Based by Giva Kuppusamy in 2016, GK Aqua is an aquaculture-focused startup that’s working to realize a inexperienced round economic system by way of biotechnology.
With their expertise, the crew helps freshwater prawn farmers obtain thrice larger yields. Past simply upping manufacturing, Giva has additionally helped create over 30 jobs for the deprived by way of its Malaysian Udang Galah Aquapreneur (MUGA) programme.
With a flagship 1,000-acre mission in Pahang, GK Aqua has been recognised by platforms reminiscent of Cradle and SME Corp as a promising biotech startup, EY acknowledged.
The highest nominees on this class embrace:
- 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 expertise and financing platform that gives expertise service options to handle the life cycles of IT units.
Girl Entrepreneur Of The Yr: 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. At the moment, 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 assist different aspiring entrepreneurs.
Not simply your typical comfort retailer, BilaBila Mart is devoted to retailing native manufacturers with out a presence within the typical brick-and-mortar chain shops at zero price, serving as a platform for different native SMEs.
The highest 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. At the moment, it’s turn 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 expertise to offer eye healthcare companies.
Grasp Entrepreneur Of The Yr: Dato’ Foong Wei Kuong of JF Know-how
Lastly, the honour of being EY Malaysia’s Grasp Entrepreneur Of The Yr 2023 goes to Dato’ Foong Wei Kuong, the founder and managing director of JF Know-how.
Part of Malaysia’s flourishing semiconductors {industry}, JF Know-how is a supplier of high-performance take a look at interface options for international built-in circuit (IC) makers.
In response to EY, the entrepreneur began this enterprise in his personal kitchen as a producer and dealer of digital elements.
In time, he reworked that enterprise into one of many high take a look at contacting options suppliers in not simply Malaysia however the world, serving over 100 multinational firms globally.
The corporate has filed 85 patents worldwide and presently owns 38 patents.
Greater than its work within the area, JF Know-how additionally works with native universities to supply industry-relevant topics to nurture younger abilities, elevating Malaysia’s place within the semiconductor worth chain.
Different shortlisted nominees on this class definitely deserve recognition too. There’s Vinesh Sinha, the managing director of FatHopes Vitality. The corporate makes use of biofuels to scale back carbon emissions, aggregating used cooking oil in a logistically economical approach for biofuel producers.
There’s additionally Ong Grasp Ping, the CEO and govt director of Sunview Group, an organization providing holistic renewable vitality. Taking up 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 Yr Malaysia 2023.
In fact, this solely marks the start of a brand new chapter for these entrepreneurs, whom we’ll control to see what additional improvements they might convey to the Malaysian entrepreneurial panorama.
- Study extra about EY Entrepreneur Of The Yr right here.
- Learn different articles we’ve written about Malaysian startups right here.
Featured Picture Credit score: Ernst & Younger
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