Two social enterprises recognized at Entrepreneurs for the WorldAwards: Reese Fernandez, co-founder of Rags2Riches in the Philippines, wonthe Young Entrepreneur Award

At the World Entrepreneurship Forum held in Singapore, two social entrepreneurs were recognized at the Entrepreneurs for the World Awards ceremony this evening.

This year’s winner of the Social Entrepreneur Award is William Drayton, founder of Ashoka, who was the person to coin the term ‘social entrepreneurship’. Ashoka was founded in 1980 as a non-profit organization that supports over 2,000 Ashoka Fellows and their social enterprises by helping them scale globally.

Reese Fernandez, co-founder of Rags2Riches in the Philippines, won the Young Entrepreneur Award for her venture which recycles scrap material and transforms them into fashionable handbags, eyeglasses, or wine-bottle holders.

The other winners include: Anneli Hulthen, mayor of Göteborg, Sweden, for the Politician Award, and FOSUN International, for the Entrepreneur for the World Award. FOSUN is a Shanghai-based conglomerate with a wide array of activities such as pharmaceuticals and healthcare.

This is the first time the Forum is held in Asia. It is the first global think tank dedicated to entrepreneurs, wealth creators, and social justice. The founding members are Emlyon Business School in France, KPMG, Singapore’s Action Community for Entrepreneurship, and Nanyang Technological University.

Filed under News Stop, Social EntrepreneurshipTags: Ashoka, foshun international, rags2riches, World Entrepreneurship Forum

About The Author


Terence LEE – Assistant Editor

Terence is an online media nut that is obsessed with writing and publishing for the Internet. Recently, he took up photography to expand his repertoire, and hopes to learn videography soon. He has worked in both online and print publications such as The Straits Times, Today, Mind Your Body, The Online Citizen, and Funkygrad. In 2010, he co-founded New Nation, a current affairs online magazine for young adults with a couple of like-minded folks. Terence can be found on LinkedIn and Twitter.


About rictandag @rictandag @LVHelpGro Returned U.S. Peace Corps Volunteer, Tandag, Surigao del Sur, Republic of the Philippines 1979-1980; Financial Management training Program [FMP], G.E., Appliance Park, Louisville, Kentucky 1981-1982 Champion [two days] Jeopardy 1986 Attorney, Los Angeles, CA 1989-1995 Disabiility Rights Attorney,, Las Vegas 1998-1999 Immigration Asylum Attorney, throughout the State of Kansas 1999-2001 Supply Logistics Specialist, UPS Las Vegas, 2006- present [business] advocate for: [Gawad Kalinga, tagalog for "to give care"]
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