Four Australians selected to participate in inaugural EY Entrepreneurial Winning WomenTM Asia-Pacific program
- Australian women have access to program that has driven 63% uptick in revenue among North American participants
- Potential to contribute more than US$720m in revenue to the Asia-Pacific economy and create an additional 2,200 jobs over 3 years
- Helping women achieve their full economic potential could grow the Asia-Pacific economy by as much as $US89b annually
Monday 19 January 2015 - EY today announced the four Australian women entrepreneurs selected to take part in its inaugural EY Entrepreneurial Winning WomenTM (EWW) Asia-Pacific program
EY today announced the four Australian women entrepreneurs selected to take part in its inaugural EY Entrepreneurial Winning Women™ (EWW) Asia-Pacific program. They are:
- Vanessa Garrard – E3 Style
- Bobbi Mahlab – Mahlab Media
- Nicola Mills – Pacific Retail Management
- Naomi Simson – RedBalloon
The Australian participants will join ten other women entrepreneurs, from Mainland China, Hong Kong, Indonesia, Malaysia, New Zealand, Singapore and South Korea, who make up the EWW Asia-Pacific Class of 2015.
EY Global Middle Market Leader and Executive Sponsor of the program, Annette Kimmitt said that with nearly six million formal, women-owned small businesses in East Asia alone, women entrepreneurs were already playing an essential role in creating sustainable economic growth in the region.
“The United Nations estimates that if women achieved their full economic potential, the Asia-Pacific economy could grow by as much as US$89 billion annually. Yet research consistently shows that women-owned companies don’t always scale as high or as fast as they could,” Kimmitt said.
“The next step then is to ensure that those women led businesses that have the ability and desire to grow are able to do so. Our EWW program bridges that gap – providing access to guidance, insights, financial support, market visibility and the right business partnerships to help women business leaders to achieve their massive economic potential.”
Based on EY’s highly successful North American program, the EWW Asia-Pacific program has been designed to assist established women led businesses that are ready to scale operations and become global market leaders. The year-long program helps women entrepreneurs grow their businesses fast and sustainably, equipping them with the tools and information needed to break through common barriers that can often keep thriving second-stage businesses from scaling to their full potential.
Participants will come together at a two day conference in Singapore on 28-29 April 2015, as well as taking part in a series of e-conferences, in-country business sessions and workshops throughout the year. The customised program focuses on key areas such as:
- expanding knowledge through the latest information, research and executive dialogues
- identifying and building strategic alliances
- providing access to formal and informal guidance and support networks
- strengthening executive leadership skills and identifying opportunities for business growth
- increasing visibility for women entrepreneurs and their companies.
“Part of what makes this program so unique is its global access. EY’s program takes women entrepreneurs beyond their own domestic market, connecting them with our global EY EWW alumnae of experienced and successful entrepreneurs, mentors, business partners and even venture capitalists,” Kimmitt said.
“Businesses involved in our EY EWW program in North America have had an average annual job growth of 25%, an average annual revenue growth of 49% and as a total group had increased their total revenue by 63% since joining the program.”
“We’re confident of matching those results in Asia-Pacific. That means that over the next three years, we could expect our 14 women entrepreneurs to contribute more than US$720m of additional revenue growth to the Asia-Pacific economy and create an additional 2,200 jobs over that same period.”
Asia-Pacific Class of 2015
Participants in the EWW Asia-Pacific Class of 2015 were selected for their readiness to grow their businesses and develop or expand their global footprints. These women own companies across a wide variety of industry sectors, including media and entertainment, education, lifestyle and luxury brands, textiles, and food and beverage.
The full list of EWW Asia-Pacific Class of 2015 participants is:
- Lovinia (Lulu) Chiu | Medialink Group of Companies (Hong Kong, China): Distributes TV programs and handles brand and merchandise licenses. Its portfolio includes international heavyweights like My Little Pony and Transformers, as well as a number of popular Asian brands.
- Susan Chong | Greenpac (Singapore, Singapore): A knowledge-based company that specializes in re-engineering, designing and distributing innovative, environmentally friendly packaging products and solutions. Today, it serves Fortune 500 companies and is the market leader for environmentally friendly packaging solutions in Asia.
- Stella Fung | Beijing Tong Ren Tong Fook Ming Tong Chinese Medical Center (Hong Kong, Greater China): Provides traditional Chinese medicine, health care, and treatment services in a modern and safe environment.
- Prita Kemal Gani | The London School of Public Relations, Jakarta (Jakarta, Indonesia): Founded in 1992, the company offers Bachelor and Master Degrees in communication studies (including public relations, and performing arts), short courses and corporate training, as well as education for students with special needs.
- Vanessa Garrard | E3 Style (Brisbane, Australia): A product development business for major retailers and distributors of consumer electronics, stationery and pet products in Australia and worldwide. The company develops products using retailer brands, its own brands and through the licensing of popular characters including Star Wars, Batman, and Peppa Pig.
- Jiang Peizhen | Golden Throat Group (Guangxi, China): A pharmaceutical and health products company that is among the top 50 traditional Chinese medicine businesses in China. The Golden Throat Lozenge, its feature product, has enjoyed the biggest market share among like products in China for almost 20 years. The company exports its products to 27 countries worldwide.
- Mi Kyung Kim | EOS Corporation (Incheon, South Korea): Designs and produces printed circuit boards that are used to build electronic devices.
- Bobbi Mahlab | Mahlab Media (Sydney, Australia): A content marketing agency that produces content and content strategies for associations and brands across multiple platforms - content hubs, magazines, video, blogs, social media and e-newsletters. The company helps organizations to become publishers by developing their content platforms.
- Nicola Mills | Pacific Retail Management (Sydney, Australia): Owns and manages over 50 retail stores and commercial kitchens including Australia’s No.1 Sushi franchise - Go Sushi, the fresh juice brand - Kick Juice Bars and the sushi brand with a green heart - Wasabi Warriors. The Wasabi Warriors franchise is established in Hong Kong and the Philippines.
- Jo Pennycuick | Redesign Group (Christchurch, New Zealand): A multi-disciplinary design practice founded in 1998 that offers a range of services including spatial design, retail, food and beverage, commercial office planning, airport and mall interior design, graphic design and branding, franchise set-up and management, and project management and construction. The company is located in New Zealand, India, the Middle East and Vietnam.
- Qi Lin | Chexun.com (Beijing, China): Guides vehicle buyers before, during and after the purchase process. The portfolio of businesses includes an online automotive information and car sales store with after-care service, an automotive-safety testing service, an e-commerce business including O2O e-commerce for auto accessories and products, and a mobile app.
- Naomi Simson | RedBalloon (Sydney, Australia): RedBalloon is an online experience retailer which allows its customers to give the gift of memories to friends, family and colleagues. The business provides more than 2,500 experiences, selling everything from skydiving to cooking classes and flying trapeze lessons. Founded in 2001, the company has sold 2.5 million experiences.
- Xia Hua | Eve Group (Beijing, China): Specializing in high-grade men's clothing, it owns five original brands—EVE de UOMO, EVE de CINA, Kevin Kelly, NOTTING HILL and JAQUES PRITT—and is the agent for Versace, Kenzo and Fendi.
- Bhg Dato’ Hazimah Zainuddin | Hyrax Oil Sdn Bhd (Kuala Lumpur, Malaysia): Established in 1991, the company produces a broad range of lubricants and exports them to more than 40 countries worldwide.
For more information on the Asia-Pacific Class of 2015, visit www.ey.com/ewwasiapacific
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