Ben Chan wins Entrepreneur of the Year

Photo via inquirer.net

Photo via inquirer.net


By Jekki Pascual/ANC – Clothing mogul Ben Chan won the prestigious Entrepreneur of the Year Award, besting 11 other finalists who are also top achievers in their own fields.

This year’s edition was special as it marked the 10th year for the competition.

Chan, who also won in the Master Entrepreneur category, said he believes in the Filipino talent and spirit as shown in the expansion of his stores worldwide.

Chan is the chairman of the Board of Suyen Corp., the company behind BENCH. He was recognized for growing Suyen from a small local shop to an international brand with over 1,000 stores across the country and stores in China, the Middle East, the US and Guam.

Chan said he is inspired by Tony Tan Caktiong, the first Filipino World Entrepreneur of the Year.

“Look at Jollibee, I’ve been admiring Tony Tan Caktiong for a long time… This is a dream come true. I hope we can bring pride to the Philippines,” he said.

Meanwhile, Serenitea president Juliet Herrera was given the Young Entrepreneur of the Year award. Herrera was credited with helping start the milk tea trend in the country.

“Each one of us must dream. But dreams must be put into action, and actions must live on through works of passion. Don’t be afraid to take risks and continue to dream,” she said.

Leonarda Capuyan of Baguio’s famous Narda’s Handwoven Arts was honored as Small Business Entrepreneur of the Year. She was credited with helping revive the tradition of weaving in women from the Cordilleras.

“This award is overwhelming. I dedicate it to our people in the Cordilleras, to my fellow Igorots especially to our hardworking leaders,” she said.

Milagros How of Universal Harvester was declared Woman Entrepreneur of the Year. She was credited with marketing her fertilizer products to farmers’ cooperatives and promoting scientific farming in the country.

“I hope this will serve as inspiration to women in this country to strive and continue to dream, to achieve and attain success,” How said.

All 12 finalists urged Filipinos to start their own business, especially now that the country is experiencing robust economic growth.

Chan offered some advice for aspiring entrepreneurs.

“If you love what you’re doing you can overcome everything… Follow your passion, never be afraid to fall down,” he said.

Chan will now represent the country in the World Entrepreneur of the Year awards, which will be held in Monaco next year.

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