CBN Young Dragon Awards by category: Trading and Manufacturing

The Open Call for the new CBN Young Dragon Awards is underway and nominations for this exciting new institution can now be submitted online in a range of 10 categories, including Trading and Manufacturing.

With submissions accepted until 31 July, 2024, the CBN Young Dragon Awards sees Cyprus Business News awarding and celebrating young talent, potential and early achievement in business.

More specifically, the CBN Young Dragon Awards is an annual event honouring professionals/executives under 40 who have demonstrated outstanding achievements, leadership prowess and a commitment to having a positive impact on their companies and on the broader business community.

The Trading and Manufacturing sector is one of the Awards’ categories and encompasses retail trade, wholesale trade, and manufacturing, involving a wide range of companies in Cyprus.

The sector is also a developing one. According to CySTAT, the retail trade turnover was up in both in value and volume in April this year, the most recent period for which statistics are available. More specially, the Turnover Value Index of Retail Trade for April increased by 6.5% compared to the respective month of last year, whereas for the same month, the Turnover Volume Index of Retail Trade rose by an annual 5.3%.

Alos, for the period January-April 2024, the Value Index is estimated to have recorded an increase of 5.7% and the Volume Index an increase of 5% compared to the same period of 2023, CySTAT also reported.

Returning to the CBN Young Dragon Awards, nominations for the awards can be submitted through an open call procedure for the following categories:

1. Tourism, Hotel, Leisure, Food and Beverage
2. Construction and Real Estate
3. Trading and Manufacturing (retail trade, wholesale trade, manufacturing)
4. Technology (technology companies, software, hardware, telcos, etc.)
5. Services (Education, Health, Media, Communications, Advertising, Supply Chain and Logistics)
6. Financial Services (Banking, Investing, Insurance, other financial services)
7. Shipping
8. Professional Services (law, accounting, consulting)
9. Gaming
10. Young Entrepreneur

All companies interested in nominating one or more employees can, until the closing date of 31 July, 2024, submit their applications using the open call template provided via CBN.

All applications/ nominations in each award category will be evaluated by an Awards Committee consisting of more than 50 personalities from the business world in Cyprus. Members of the Awards Committee may be related to specific award categories or have a more diverse business background and experience

The Committee will select the four (4) candidates with the highest score in each category, who will be announced to the public for voting.

Awarded individuals will be the candidates obtaining the highest score in the joint public and Committee vote with weighted average: 50%-50%.

CBN Young Dragon Awards! We vote for and endorse those young professionals – the young dragons – who have set out to conquer the business world, sending a powerful message of inspiration, empowerment and excellence, qualities we aim to recognize and promote in the next generation of business leaders!

Click HERE to find out more and submit your nominations now. Remember that the closing date for submissions is 31 July, 2024.