ENTREPRENEURSHIP

Entrepreneur of the Year Philippines Program

EOY 2010 winner Mr. Tennyson Chen
of Bounty Fresh Food

Since its inception in 2003, the Entrepreneur Of The Year Philippines program has become one of the most prestigious events for the local business community. The Philippine program seeks to recognize the strength, dynamism and resilience of Filipino entrepreneurs who take the lead in founding and operating sustainable, successful enterprises. The program is organized by the SGV Foundation and its co-presenters, namely: the Department of Trade and Industry, the Philippine Business for Social Progress, the Philippine Stock Exchange, and Media sponsors are BusinessWorld and the ABS-CBN News Channel. Official airline is KLM.

The search is open to all Filipino entrepreneurs. To be eligible, a nominee has to be a Filipino business owner or founder who is primarily responsible for the growth of his or her company. The nominee must still be active in business, which must have been in operation for at least two years. A completed nomination form, audited financial statements and other documents are required for a nomination to be considered for further judging.

There are four award categories: Master Entrepreneur, Small Business Entrepreneur, Woman Entrepreneur, and Young Entrepreneur. From among these category winners will emerge the Entrepreneur Of The Year Philippines country winner, who will compete for the World Entrepreneur of the Year title in an awards banquet sponsored by Ernst & Young in Monte Carlo, Monaco. Tony Tan Caktiong of Jollibee Foods Corporation bagged the first Philippine title and went on to win the World Entrepreneur Of The Year title in 2004. Succeeding Philippine winners are Socorro Ramos of National Bookstore, Lance Y. Gokongwei of Cebu Air, Inc., Senen Bacani of La Frutera, Inc., Wilfred Steven Uytengsu, Jr. of Alaska Milk Corporation, Ambassador Jesus Tambunting of Planters Development Bank, Tennyson Chen of Bounty Fresh Food Corp., Erramon Aboitiz of AboitizPower Corporation, Jaime Ayala of Hybrid Social Solution, Inc. and Ben Chan of Suyen Corporation.

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