HKTDC Snags Two Awards from International Economic Development Council
October 8, 2018
The Hong Kong Trade Development Council (HKTDC) is pleased to have received two major awards from the International Economic Development Council (IEDC). The Gold Excellence in Economic Development Award in the Special Event category and Silver Excellence in Economic Development Award in the Paid Advertising Campaign category both honor the HKTDC’s Fashion Hong Kong campaign at New York Fashion Week.
The awards were presented at a ceremony on Tuesday, Oct 2 at the IEDC Annual Conference, which was held Sept 29-Oct 3 in Atlanta, Georgia.
“We are honored to receive these two awards from such an august body as the IEDC,” said Anthony Mak, HKTDC Director for New York. “Fashion Hong Kong at New York Fashion Week is an extensive marketing program that includes runway shows, business meetings, market visits, media interviews and post-show receptions.”
He added, The project brings economic benefits to both the US and Hong Kong by creating jobs and fostering business development in the fashion and creative industries. The Fashion Hong Kong campaign tactically promotes brand awareness for the event through selected media channels and social media platforms in the US market. Over time, this strategy has built a consistent image of Hong Kong as a trend-setting hub for fashion,” he added.
Fashion Hong Kong is an integrated and comprehensive campaign to promote Hong Kong designers and labels in the global fashion arena. It showcases Hong Kong’s fashion creativity and explores business opportunities for Hong Kong designers in the international marketplace. Held annually at New York Fashion Week since 2016, Fashion Hong Kong has brought nine fashion collections and 35 accessories brands to the event.
"This year our judges reviewed some extraordinary projects that advanced both communities and businesses,” said Craig Richard, 2018 IEDC Board Chair, and President and CEO of the Tampa Hillsborough Economic Development Corporation in Tampa, Florida. “We congratulate all the award winners, and thank everyone who nominated their projects for sharing their success with fellow IEDC members. What we learn from each other helps us to grow and advance as a profession. We look forward to even greater participation from economic developers across the globe in the 2019 awards program.”
IEDC is the world's largest membership organization for economic development professionals. Economic developers promote economic wellbeing and quality of life in their communities by creating, retaining, and expanding jobs that facilitate growth and provide a stable tax base. From public to private, rural to urban, and local to international, IEDC members represent the entire range of economic development
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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