Top Five Finalists Announced for Business Breakthrough Competition
Judges of the Business Breakthrough competition have come up with the top five finalists. The winner is to be determined by the results of the second round in February. The Business Breakthrough competition, a joint project of our magazine and The Center for Entrepreneurship, aims at highlighting the experiences of young and fast-growing companies. The main prize of the competition is a two-week business exchange trip to the United States, where a US counterpart company will be selected in the same industry as the winner. Each participant was awarded points on the basis of a system specifically designed for the competition by the Prado Group. The five companies that scored the most points reached the second round. Regretfully, some contestants failed to completely fill out the questionnaire and were awarded fewer total points.
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Alan Abris, the top-scoring company with 13.31 points, is known for manufacturing a range of industrial products including repair and testing of valves and fittings, packaging, and mobile communication accessories. Founded in 2000, Alan Abris has expanded its operations significantly and reported a turnover of $1.2 million by 2002. Its success is attributed to investments in new production facilities and the development of patent-protected mobile communication accessories, unique globally. Internet-based sales within various regions further contributed to its market leadership. Alan Abris exemplifies how flexible manufacturing techniques can meet changing market situations.