The Annual Meeting of Global Growth Companies, which will be held in August 2007, will be the flagship event and primary community-building activity for the Global Growth Companies. The Annual Meeting will bring together Global Growth Companies and the World Economic Forum's top experts and leaders of industry.
Industry-specific meetings will emphasize the needs and aspirations of companies that are operating globally, developing recognized global brands and managing extremely rapid expansion.
The World Economic Forum invites cities with strong expertise in hosting major international events to submit proposals. For this purpose, a document outlining the expectations has been prepared.
The Community of Global Growth Companies' mission is to enable emerging multinationals to develop into the next generation of global champions and become a major force driving economic development. It is a cross-industry global community of companies that have demonstrated a clear potential to become leaders in the global economy within five years.
The companies enjoy a strong industry or regional market presence and have both the aspiration and ability to become global champions. They will be selected based on a combination of factors:
Demonstrated growth potential and 15 percent annual growth over the last two years Minimum revenue thresholds according to industry and region (an indicative range is between US$ 200 million to US$ 2 billion)
The Community of Global Growth Companies will be a truly global community that brings together companies from all regions of the world. The majority of companies will be based out of China, India, the USA and Europe, with the Middle East, Latin America, Africa, South-East Asia and Japan playing smaller, but important, roles. We expect to have 300 members by 2007 and 500 in total by 2008.
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