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Dear Member,
We are pleased to inform you that the AllWorld Network was established in
2007 whose mission is to find and advance all the growth entrepreneurs of
the emerging world by 2015. In 1999, they launched the Inner City 100 whose
goal was to shine a spot light on successful entrepreneurs where no one
thought they existed -- in America’s economically distressed inner
cities. The Inner City 100 (American phenomena) encouraged the AllWorld
Network to take this model global by creating the Africa 500, Arabia 500,
Latin America 500, Asia 500 and Eurasia 500.
Their research indicates there are approximately 2,500 existing growth
companies in the emerging world that could fuel economic progress in the
next five years. With market visibility, these companies of 25 to 200
employees can scale up, accelerating critical job creation and innovation,
and in turn, motivating other growth entrepreneurs. By being in the global
market place, they believe that these 2,500 companies can create the next 1
million jobs.
The challenge for emerging countries is that their growth companies stall
at a small size because they are not known. As a result, they don’t
have access to the growth capital, talent and opportunities their U.S. and
European counterparts have. These programs are designed to address the
critical challenge of scaling growth and job creation in the emerging world
by putting the best entrepreneurs on the global radar screen.
To be eligible for an AllWorld Network ranking, a company must:
• Be an independent, private,
for-profit, corporation or partnership, or proprietorship.
• Cannot be a non-profit, holding
company, franchise, bank or utility company. Private companies established
by government or in which government is majority stakeholder are also not
eligible.
• Have a minimum 3-year operating
history and sales of at least $100,000 USD in 2006 and $500,000 in 2008.
• Have 6 or more full-time
employees in 2008; and
• Have an average growth rate of
40% per year for 3 or more years.
The companies who qualify the AllWorld ranking will get i) the visibility
and acclaim that comes from gaining recognition and media attention; ii) an
invitation to attend an All World Leadership Summit at Harvard University
and at the Pinnacle Institute with other fast-growing international
companies; and iii) membership in the AllWorld exchange, the exciting
business network and B2B platform of growth companies.
During a meeting on March 1, 2010 in New York, the launching of Pakistan
Fast Growth 25 was announced. Mr.Muhammad Aamer, Commercial Counsellor,
Consulate General of Pakistan, New York while speaking at the occasion
informed the gathering about the rising entrepreneurship in Pakistan and
can thus provide all WorldNetwork with 25 fast growing companies, who
fulfill the AllWorld qualifying criteria as stated above.
Consulate General of Pakistan, New York will short list at least 25
companies and to put them under the world radar screen which will help them
in flourishing their business besides creating jobs and attracting
investment in Pakistan.
The companies who intend to apply for the AllWorld Network ranking can do
it on line by visiting the website www.allworldlive.com. Once the
application is submitted along with financial statements etc., AllWorld
Network will announce the list of first Pakistan fast growth 25 in August,
2010 and ceremony to recognize them in an event in September 2010.
Frequently Asked Questions (FAQs) are attached for any information about
the programme or you may also contact the Consulate General of Pakistan,
New York at:-
Tel: +1-212-4726123
Fax: +1-212-4726780
E-mail: pakcom.nyc@tdap.gov.pk
Thanking you,
Yours sincerely,
Majid Shabbir
Secretary General
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