Nomination up for VisMin Accelerator Awards

Winners to receive mentorship to scale past $1 million in revenues

Aiming to identify and support the most impactful first stage VisMin entrepreneurs in scaling their businesses, EO Philippines South, the 2nd Philippine chapter of the Entrepreneurs’ Organization (EO), recently launched the VisMin Accelerator Awards.

According to Julie Vergara, EO Philippines South chapter, “as a community, we are investing in the growth and success of entrepreneurs in our part of the country, exploring another approach to provide the infrastructure and support for entrepreneurs in the Visayas and Mindanao to grow together.”

From the organization’s perspective, the VisMin Accelerator Awards is one more step in the direction of creating a huge positive impact on this part of the world.

During the virtual event attended by business leaders and members of the media across the region, proponents of the program shared their objective of connecting with the most promising and most impactful entrepreneurs in the VisMin so they can help them accelerate their businesses.

Requirements to qualify

To qualify for the awards, a candidate must be an owner or founder of a business that is registered and operated in the Visayas and Mindanao. The business must have been operating for at least two years and generating revenues of between P12 million and P50 million for the period ending Dec. 31, 2020. The business must also be employing at least 10 staff excluding the owner.

Nominations are open until Oct. 31, 2021. Nomination forms are available upon request by emailing a ccelerator@eonetwork.org.ph.

The initial screening will be completed within the month of November and the final screening will be completed before the year ends.

Depending on the COVID-19 situation next year, the organization will hold a live, virtual or hybrid Awards Ceremony in mid-January.

Prizes

The winners of the VisMin Accelerator Awards will all receive media recognition, access to exclusive EO events and the extremely valuable EO Mentorship Program. Under the EO Mentorship Program, winners will get the opportunity to be mentored by EO members over a period of 10 months.

The winner of the top prize – the VisMin Accelerator of the Year award – will receive one year membership to the EO Accelerator Program. It is a global program that enables first-stage entrepreneurs to catapult their business to the next level by giving them access to the tools, community and accountability for scaling their businesses past the $1 million mark. The program was founded in 2005 and has over 1,200 participants worldwide. The program runs across 22 countries and has graduated over 750 participants to date./Download PDF

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