ESG Accelerator Award Terms and Conditions

 

  1. The ESG Accelerator Award under Alliance Bank BizSmart® Challenge Accelerator Edition 2026 (“BizSmart® Challenge”) is organised by Alliance Bank Malaysia Berhad (“ABMB”) in collaboration with other partners onboarded by the Organiser for BizSmart® Challenge programme from time to time (“Programme Partners”).

    1. By participating in the ESG Accelerator Award, the applicants hereby agree to be bound by all the Terms and Conditions in relation to the Alliance Bank BizSmart® Challenge 2026 (“BizSmart® Challenge”) at: www.bizsmart.com.my
    2. ABMB and its Programme Partners reserve the right at any time with prior notice to add, delete, suspend or vary the Terms and Conditions contained herein, wholly or in part at its sole discretion.
    3. Any matter which is not covered under the Terms and Conditions herein shall be determined solely by the ABMB.
    4. For the avoidance of doubt, any cancellation, termination, suspension of the ESG Accelerator Award or disqualification of Participant(s)/ Finalists(s) or forfeiture of prize shall not entitle the Participant(s)/ Finalists(s) to any claims or compensations whatsoever against ABMB and its Programme Partners or for any loss or damages suffered, sustained or incurred by the Participant(s)/ Finalist(s) as a result thereof whether directly or indirectly.
    5. This ESG Accelerator Award Terms and Conditions shall be governed by and construed in accordance with the laws of Malaysia and Participant agree to submit to the exclusive jurisdiction of the Courts of Malaysia.
    6. For the purposes of the ESG Accelerator Award, “Participants”, “Finalists”, and “Winner” shall have the same meanings as defined under the BizSmart® Challenge Terms and Conditions.

    2. Eligibility Criteria

  2. The ESG Accelerator Award is an award category under the BizSmart® Challenge. In addition to the selection of the Top 30 Contestants, the Organiser may shortlist up to five eligible participants for consideration for the ESG Accelerator Award based on ESG-related assessment criteria.

  3. To be eligible for the ESG Accelerator Award, participants are required to demonstrate that they qualify under at least one of the following categories:

    1. ESG solution providers that deliver tangible business value; or
    2. SMEs that have embedded ESG practices with clear bottom-line impact.

  4. Participant(s) who have submitted incomplete entries or entries which the ABMB deems, at its sole discretion, to contain offensive, improper, inappropriate and/or obscene elements will automatically be disqualified from The Programme without any notice.

  5. ABMB reserves the right to disqualify any Participant at its sole discretion, including but not limited to cases of incomplete submissions as mentioned, submission of inaccurate or misleading information, non-compliance with the Terms and Conditions, or failure to meet the eligibility criteria of the ESG Accelerator Award or the BizSmart® Challenge.

    6. Prizes

  6. ABMB and its Programme Partners reserve the right to amend the prize awarded to the winner.

    The Cash Prizes shall be as follow:

    Description No. of Prizes Amount (RM)
    ESG Accelerator Award 1 RM50,000

  7. Only One (1) winner will be selected for the ESG Accelerator Award to receive a cash prize of RM50,000.

  8. The winner will be required to submit quotation/cost estimation/invoice and/or other form of documents required to the satisfaction of ABMB in order to receive the cash prize. For this purpose, ABMB and its Programme Partners reserve their rights to conduct site visits on the premises of the winner and any other vendor to verify the purpose and legitimacy of such business expenses which forms the subject of a claim for payment. Such visits may be conducted by ABMB and/or Programme Partners or their appointed personnel, agent or representatives.

  9. The ESG Accelerator Award will only proceed if at least three (3) Participants are shortlisted as finalist. ABMB and its Programme Partners reserve the right not to proceed with the selection of any winner or to withhold the Award if this requirement is not met.

  10. The decision of ABMB and the judging panel on all aspects of the ESG Accelerator Award, including shortlisting of finalists and selection of the winner, shall be final and binding. No appeals or correspondence will be entertained.