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ANNOUNCING THE LAUNCH OF THE APEC BIO-CIRCULAR-GREEN (BCG) AWARD
APEC is pleased to announce that applications for the 2025 Bio-Circular-Green Award are now being accepted.
The APEC BCG Award recognises distinguished individuals across three award categories of women, youth and micro, small and medium enterprises (MSMEs) that have concretely implemented replicable BCG economy approaches to advance sustainable and inclusive growth across the APEC region.
NOMINATIONS
Each member economy, through its representative in the Senior Officials' Meeting Steering Committee on Economic and Technical Cooperation, is invited to nominate one candidate to be considered for each Award category.
Nominations for each Award category must meet the following eligibility criteria:
Women | Youth | MSMEs |
Woman-owned business: exercise ownership of at least 50 percent of the total capital or voting power of at least 50 percent of a juridical person | Age: not over the age of 30 (as of 31 December 2025) | Number of Employees: Not over 500. |
In operation for at a minimum of one calendar year. | ||
Be a citizen and/or resident and/or own and operate a business in the nominating APEC economy. | ||
Represent a replicable BCG business model/approach/activity(ies). |
In addition to advancing implementation of the Bangkok Goals on BCG Economy, member economies are also encouraged to submit nominations in support of the APEC 2025 theme “Building a Sustainable Tomorrow."
Nominations for each category should be submitted by 20 June 2025. All eligible nominees will be sent to the BCG Award Selection Committee for consideration.
ANNOUNCEMENT & AWARDING OF PRIZE
The 2025 APEC BCG Award will be awarded to one winner for each Award category.
The Award winners will be announced at the 2025 APEC Ministerial Meeting scheduled to be held in late October in Gyeongju, Republic of Korea.
Each Award winner will receive a cash prize of $5,000 USD.
OVERVIEW
In November 2022, during the 33rd APEC Ministerial Meeting in Bangkok, Thailand, APEC Ministers launched the APEC BCG Award. The award was co-proposed by Canada, China, and Thailand, and co-sponsored by Hong Kong, China; New Zealand; Peru; and the United States, with prize funding provided by contributions from Canada, China, Hong Kong, China, and Thailand. At the 34th APEC Ministerial Meeting on November 14, 2023, in San Francisco, USA, six winners were announced, followed by the recognition of three winners at the 35th APEC Ministerial Meeting on November 14, 2024, in Lima, Peru.