04/10/2026
Seeing Beyond the Numbers!
PNG SME Awards Confirms SmartBiz Pacific Appointment to Deliver Outcome‑Based Prize Support
The PNG SME Awards has confirmed the appointment of SmartBiz Pacific, an emerging business advisory firm, to deliver the structured support component for award recipients. While the major prize from Ela Motors remains unchanged, this new framework — applicable to winners in 2025 and 2026 — is designed to channel sponsorship resources into measurable business growth impact areas.
Under the revised model, prizes can no longer be diverted to personal expenses such as haus krai costs, school fees, or consumer items. Instead, all nominated businesses will undergo a rigorous assessment that identifies critical gaps defining whether a business can truly scale. The evaluation zeroes in on five core leadership domains:
1) Sales & Marketing Management— testing whether strategies drive sustainable demand.
2) Human Resource Management — assessing talent attraction, retention, and empowerment.
3) Accounting & Taxation — ensuring compliance and financial clarity.
4) Financial Management — balancing risk, cash flow, and investment.
5) Scale Knowledge — determining operational readiness for expansion.
SmartBiz Pacific will commence with three critical pillars of enterprise growth: Accounting & Taxation, Financial Management — balancing risk, cash flow, and investment — and Scale Knowledge, which determines operational readiness for expansion.
This outcome‑based approach ensures sponsorship support is used to nurture small businesses and strengthen their capacity to grow responsibly.
As local entrepreneurs, SmartBiz brings proven success stories of scaling businesses — with Ultimax Security standing as a flagship achievement. Mr. Runawery formally welcomed SmartBiz founder Felix Gabriel and newly appointed Associate Partner Stotick Kaprangri into the fold.
The Awards also issued a caution: SMEs must uphold the highest standards of social media and public conduct, following one revoked award and another near miss.
At the Prime Minister’s SME Breakfast in June, Prime Minister James Marape reminded SMEs of the government’s allocation to all Members of Parliament for SME support within their districts.
Nominees from outside the National Capital District are required to secure travel support from their local MP and DDA Chairman, and District CEOs, as districts receive government funding for SME initiatives.
As Mr. Runawery reiterated:
“Ask your MP, Ask your DDA CEO, Ask your Governor, Ask your PA.”