Singapore prizes are awards presented to individuals or companies for performing outstanding achievements, often taking the form of money or recognition, presented at an official ceremony. There are various types of Singapore prizes, from sports awards, literary prizes and business accolades; their value depends on both category and importance of achievements achieved.
The winner of the Singapore prize can use their funds to advance their project and potentially turn it into a commercial enterprise. They’ll gain access to mentors and potential funders to increase their chances of success and receive other benefits to expand their business further.
This year’s inaugural Singapore Literature Prize saw 12 winners across four languages – Chinese, English, Malay and Tamil. Of those chosen as winners were two of Singapore’s oldest writers: Suratman Markasan and Wang Gungwu who each won for Tamil and Malay fiction works respectively. Along with cash prizes they each also received trophies as well as gift codes to Storytel audiobook platform.
Additionally to the main winner’s prize, several smaller awards will also be given out throughout the tournament. For example, Singles round winners will receive $29,750 cash while runners-up will get $11,900; Doubles winners will get $18,500 cash while finalist will get $8,500 cash.
The winner of this award can look forward to several perks, such as free entry into the Singapore Open and two or more season exemptions on Tour with key event berths – in addition to receiving 16.5 OWGR points!
The Singapore Prize is an annual award given out by the National Arts Council of Singapore and honoring outstanding performances in the arts. Judged by prominent local and international art professionals and critics, winners are selected by a panel and announced at an event hosted in Singapore each year.