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PRESS RELEASE

2012/2013 STEPS Young Entrepreneur Market Place Competition Finalists Announced

January 18, 2013

JANUARY 18, 2013, VIENTIANE--- Thirty young Lao entrepreneurs have made it to the final round of the 2012/2013 STEPS Young Entrepreneur Market Place Competition.The contest, organized by the World Bank Vientiane Office, AusAID, and the Young Entrepreneurs Association of Laos, will give them the chance to turn their business dreams into reality. 

In the previous leg of the competition, 97 short-listed candidates received a 10-day certified training course where they  developed their business plans. The top 30 finalists were invited to showcase their business ideas at a market place exhibition. This last stage of the competition will take place inFebruary 2013 at the National Culture Hall in the capital city of Vientiane.

Luang Prabang

   
Name Business Area Sector
Oudalone Bounthavong Golden coated art of Luang Prabang Handi-crafts
Vanhde Phengsathip Strawberry and vegetable farms Agro-business
Thipphavanh Duangvilaykeo Food and Beverage Restaurant
Souksakhone Vilasith Re-cycle Shop Services

Vientiane

   
Name Business Area Sector
Alee Senethichack Roof construction Construction
Viengdala Phommachack Hand bags Retail
Noimaniphone Lorbiayao Hmong handicraft Handi-crafts
Korlakun Phoummavong Cow farm Agro-business
Vanthakone Dethvongsa M&K cleaning service Services
Kaiviseth Phanphouvanna Tailoring Services
Palamy Phounsavath Housekeeping training center Education
Mungkonephet Sayasane IT service center IT
Visethsin Huangvilay Learning by doing Education
Khamla Senesomphone Cricket farm Agro-business
Alan Phayasane Recycle collection shop Services
Somphavanh Kesonesouk Duck farm Agro-business
Piyaphong Silipanya Fish farm Agro-business
Malavong Maniseng Recycle art product Handi-crafts
Tanavanh Kuengvikham Ear phone rental service Services
Phetmithouna Duangphothong Lao hamburger shop Restaurant
Sonexay Khamthilath Handicraft Handicraft

Savannakhet

   
Name Business Area Sector
Phetsavanh Somsivilay Processed banana Processed Food
Keophouthong Boubphavan Organic Vegetable Farm Agro-business
Kesone Norsouvanh Sesame oil Processed Food
Phonethida Somphonphakdy Herbal pillow Handi-crafts

Champasak

   
Name Business Area Sector
Viengsavanh Thammasalo Mushroom farm Agro-business
Oudon Inthavongsa Lemon plantation Agro-business
Chanthalith Khamvongsa Goat farm Agro-business
Phoutmalay Keoonsy Fish and frog farm Agro-business
Oudtakhone Singthong Organic pig Agro-business