25 Singaporean SMEs win the prestigious SME100 Awards SINGAPORE, Sept. 29, 2022 /PRNewswire/ 2022 sees the rising costs of raw materials and as the inflation rates soar and interest rates continue to rise, SMEs in Singapore managed to sustain their business and even displayed great resilience against the challenging environment. The SME100 Awards makes its return to Singapore with over 400 Singaporean SMEs being nominated as businesses grasp at the opportunity for a stimulus to restarting and growing their businesses post-pandemic. The SME100 Awards continues to adopt one of the most stringent evaluation criteria for all nominees. The five-step process included both qualitative and quantitative analysis, as well as a 100 percent interview requirement with a focus on growth (turnover, profit, and market share) and resilience (best practices, sustainability, and vision). Only 25 businesses emerged as winners of the SME100 Awards 2022 after going through this gruelling process. "SM