APEC Names Asia-Pacific’s Top Women Entrepreneurs
APEC officials responsible for women’s affairs and small and medium enterprises together with business community representatives have named Xiao Wei of China, founder of a specialized women’s clothing line (Beijing Lanchao Clothing Technology Development Co., Ltd) whose customer base includes breast cancer patients, the Asia-Pacific’s most outstanding woman entrepreneur.
The full list of winners of the APEC Business Efficiency and Success Target Awards recognizing next generation women entrepreneurs were announced in Lima. The contest, also known as the BEST Awards, took place alongside the 2016 APEC Women and the Economy Forum.
Candidates were nominated by their respective APEC member economy. They include women entrepreneurs from the region who run small businesses that have operated locally for 2-5 years and exhibit a potentially replicable business model.
Each candidate was assessed based on their enterprise’s growth potential, business model innovation, foreign market prospects, social benefits and particular capacity to create jobs and boost human resources development.
Scores between one and ten points were given in across these assessment categories. The winner of the BEST Award received the highest composite score. Candidates with the top score in a given category received an award for their achievement in that space.
From the Russian side Evgenia Lazareva, founder of Kidsrockfest, was awarded in the category “Best Impact for Society”.
Press-release at the official APEC web-site