50 Fastest-Growing Asian American Businesses to be Named at Business Opportunity Conference

PRLog (Press Release) - May 23, 2008 -
The US Pan Asian American Chamber of Commerce Education Foundation (USPAACC-EF) will reveal the final ranking of its “50 Fastest-Growing Asian American Businesses” during the 23rd Anniversary CelebrAsian ‘08 Annual National Business Opportunity Conference, on May 27-29 at the Hilton Washington hotel in Washington, DC. A special presentation is planned to take place at The White House on May 28, and at the Excellence Awards Gala Dinner at the Hilton Washington the same evening.

“The 50 Fastest-Growing Asian American Businesses program highlights the robust growth of Asian American-owned companies over the years—yet another indicator that through innovation, hard work and ingenuity, Asian Americans are at the forefront as engines of growth in our national economy,” said USPAACC-EF National President & CEO Susan Au Allen.

To qualify for the ranking, companies must be owned by one or more Asian Americans (at least 51% ownership), among other eligibility criteria. Based on percentage revenue growth over three years, selection will be determined through direct applications and nominations. All finalists will be independently verified by the accounting and consulting firm of BDO Seidman, LLP.

The conference connects the largest number of Asian American suppliers with buyers from FORTUNE corporations, the Federal government and small/minority-owned business community. Through pre-scheduled one-on-one matchmaking meetings, participants learn about contract opportunities in the era of globalization and outsourcing, different procurement trends and requirements to enhance competitiveness in the marketplace.