San Francisco, CA (Vocus/PRWEB) March 10, 2011
The ‘California Top 10 Asian American Business Awards’ were presented last night at the Hyatt Regency Embarcadero Center in San Francisco, Calif. The event, hosted by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) Western Region and U.S. Small Business Administration, had over 125 in attendance.
The awards were presented in alphabetical order of company name to:
Intellix Solution Inc
It Source Technology
Singh Group Inc
Zero Waste Solutions Inc
VXI Global Solutions
The final ranking shows a great majority of the honoree companies generated over 100 percent growth rate within the last three years, with individual companies generating as much as 380 percent.
“The experiences of our award recipients are truly inspirational. They also reinforce USPAACC's call for Asian Americans to work together as a united group to help each other and grow more successful businesses in diverse industries,” said Clyde Wong, USPAACC Western Region President.
“Our featured speakers on the economy, health care and woman-owned business success story; and panel discussions on access to capital, international trade, contract opportunities with the Federal government and Caltrain, were filled with valuable information, practical guides and gems of wisdom.”
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 was determined through direct applications and nominations. Finalists were independently verified by a California-based accounting firm, A2Q2.
Améredia, Bay Area Rapid Transit System, Bay Systems Consulting, Inc., CE2 Corporation, East West Bank, Pfizer, Sugar Bowl Bakery, Sunwest Bank, The Norland Group and Wells Fargo Bank were the supporters of this year’s ‘California Top 10 Asian American Business Awards & Asian American & Minority Procurement Connections Conference’.
About USPAACC Western Region Chapter:
Founded in 2004, USPAACC Western Region Chapter is an affiliate of USPAACC Education Foundation, a 25-year-old national non-profit non partisan organization that has been the single, unified voice advocating for the preservation of equal opportunities for Asian Americans in the United States. We promote and propel economic growth by opening doors to business, professional and educational opportunities for Asian Americans and their business partners in Fortune corporations, government at the federal, state, and local levels, and the small and minority community. Since 1984, USPAACC has served and will continue to serve as the gateway to Asian American suppliers, and information about Asian Americans and the dynamic Asia market.
Headquartered in Washington DC, USPAACC reaches its nationwide network of Asian American businesses through regional chapters in California, Texas, New York, Georgia, Illinois, and the National Capital Area of D.C.-Maryland-Virginia.
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