The Entrepreneur Of The Year Philippines 2019 has concluded its search for the country’s most successful and inspiring entrepreneurs. Entrepreneur Of The Year Philippines is a program of the SGV Foundation, Inc. with the participation of co-presenters Department of Trade and Industry, the Philippine Business for Social Progress, and the Philippine Stock Exchange. In the next few weeks, BusinessWorld will feature each of the finalists for the Entrepreneur Of The Year Philippines 2019.
IN TODAY’s highly turbulent and disrupted global economy, we look to entrepreneurs for ideas that will challenge the norm and transform industries — ideas that can create opportunities for financial growth and economic stability; ideas that create positive change to empower communities and uplift the nation.
For the 16th year of the Entrepreneur Of The Year Philippines (EOYP) program, we once again celebrate the remarkable men and women who inspire innovation without limits, who fuel growth and prosperity in their respective enterprises and industries.
The 2019 EOYP finalists come from diverse industries, such as food and beverage, real estate development, steel manufacturing, importation, trading, health and wellness, technology, agriculture, farming and logistics.
One finalist aspired to create his own brand and started a company that has now become a leading enabler of advanced facilities and IT solutions.
Dreaming of rebuilding the Philippine steel industry, one finalist set out to grow his company into the country’s flagship steel firm.
Armed with a childhood dream of putting up his own restaurant and unwavering tenacity, one finalist transformed from a cruise ship cook to a food franchise powerhouse.
Still another focused on his dream of bringing commercial spaces to rural areas to create livelihood and opportunities for more Filipinos.
Through sheer determination and hard work, one of our finalists developed his micro-business into a global food kiosk network.
Another finalist was able to rebuild her family’s liquor business after a crippling corporate disaster and established her own brands and ventures.
Another built up his logistics firm despite heavy local and international competition.
By taking calculated risks and leveraging on business opportunities, one other finalist transformed a small merchandising firm into one of the largest companies in the chemical trading industry.
Driven by a desire to lift her family from poverty, as well as a passion for property development, one finalist founded a real estate company that builds affordable quality homes.
Motivated by his vision of transforming the Philippines into a rice self-sufficient nation, one finalist developed high-yielding hybrid rice seed varieties suitable for tropical countries.
Through prudence and integrity, still another finalist disrupted the steel trading industry by leveraging on trust and technology.
One finalist’s innovative and holistic approach to beauty and wellness led her to revolutionize aesthetic medicine in the country.
Determined by their goal of modernizing the local swine industry, a pair of finalists introduced advanced hog-raising practices and facilities.
Faced with the challenge of saving a fledgling family business, one finalist transformed the company into a leading healthtech provider.
These are the journeys of entrepreneurs who defied the odds through sheer hard work and taking risks necessary for their ideas to become reality and drive meaningful change.
All nominees for the Entrepreneur Of The Year Philippines were screened using a system developed by Entrepreneur Of The Year in the United States and used in all countries that participate in the program. Qualified nominees were interviewed and given the chance to provide additional information as necessary. The list was further screened to determine the finalists.
A panel of independent judges will select category winners from among the finalists.
From the category winners, the Entrepreneur Of The Year Philippines 2019 overall winner will be determined. The overall winner of the program will represent the country in the World Entrepreneur Of The Year in Monte Carlo, Monaco in June 2020.
The Entrepreneur Of The Year program was developed in the United States in 1986 by professional services firm Ernst & Young (EY).
Through the program, successful entrepreneurs can come forward and tell their inspiring stories to awaken the entrepreneurial spirit in others.
In 2001, EY expanded the program and launched the World Entrepreneur Of The Year awards.
In the Philippines, the SGV Foundation, Inc. established the Entrepreneur Of The Year program in 2003.
The first winner of the Entrepreneur Of The Year Philippines was Jollibee Foods Corp.’s former president and chief executive officer (CEO), now Chairman, Tony Tan Caktiong, who then went on to win the 2004 World Entrepreneur Of The Year award in Monte Carlo, Monaco.
Other past awardees include Socorro “Nanay Coring” Cancio-Ramos, founder and general manager of National Book Store (2004); Lance Gokongwei, President and CEO of Cebu Air, Inc.; Senen Bacani, chairman and president of La Frutera, Inc.; Wilfred Steven Uytengsu, Jr., president and CEO of Alaska Milk Corp.; Ambassador Jesus P. Tambunting, chairman and president of Planters Development Bank; Tennyson Chen, president of Bounty Fresh Food Inc; Erramon I. Aboitiz, president and CEO of Aboitiz Power Corp.; Jaime I. Ayala, founder and CEO, Hybrid Social Solutions Inc.; Ben Chan, chairman of Suyen Corp.; Nix Nolledo, chairman and CEO of Xurpas, Inc.; and Natividad Cheng, chairperson and CEO of Multiflex RNC Philippines, Inc.
The 2019 search for the Entrepreneur Of The Year Philippines is conducted with the participation of the Department of Trade and Industry, the Philippine Business for Social Progress, and the Philippine Stock Exchange.
The official airline of the Entrepreneur of the Year Philippines 2019 is Philippine Airlines. Media sponsors are BusinessWorld and the ABS-CBN News Channel.
Beginning Sept. 24, BusinessWorld will be featuring each finalist and individual stories of how disruption, transformation and inspiration inspired them to excel in their respective industries.
The winners of the Entrepreneur Of The Year will be known on Oct. 15 at a formal awards banquet at the Makati Shangri-la hotel.