UPS Announces Winners of the UPS Entrepreneurial Spirit Award Contest

Tue Mar 12, 2013 10:25am EDT

* Reuters is not responsible for the content in this press release.

  MIAMI, FL, Mar 12 (Marketwire) -- 
UPS (NYSE: UPS) announced the three winners of the third edition of the
UPS Entrepreneurial Spirit Award. The contest, which ran from September
25th to November 9th, was developed to recognize the three most
innovative and successful small and medium-size enterprises (SMEs) in the
region. The winners received up to US$25,000 in cash prizes combined
along with the tuition for an Executive Leadership Program at INCAE
Business School for the first place winner. 

    The three winning SMEs were selected after careful review and
consideration by a multidisciplinary panel of regional experts
representing business, academia, and media sectors.

    "There is so much talent and innovation in the region and these award
winning businesses are just proof of the promise coming from Latin
America. Going through the registrations was interesting and insightful
and with so many good practices, it was no easy task to narrow them down
to three. However we did and these winners have shown a commitment to
excellence and great potential in growth," stated Dr. Ariel C. Armony,
Director of the University of Miami's Center for Latin American Studies.

    "UPS recognizes the importance that SMEs have on the economy of the
region and through initiatives such as the UPS Entrepreneurial Spirit
Award; we want to show our support of them. Reading through all the
entries has been eye opening of all the innovation going on in Latin
America. Hopefully this contest and its winners will be a source of
inspiration for established and startup SMEs throughout the region," said
Augie Picado, vice president of Marketing for UPS Americas Region.

    Participants from 14 countries in Latin America and the Caribbean
submitted entries from a widespread array of industries such as
healthcare, IT, textile, business services, and manufacturing, among
others. The three winners were:

--  First place winner: Gashaball, S.A. - Mexican toy company founded in
    2007, which develops, produces and distributes its own products with
    original ideas. The company focuses on delivering PLAY INNOVATIONS
    that are innovative products at affordable prices.
--  Second place winner: C.I Kids Club Ltda. - Colombian children's
    footwear manufacturer founded in 1992. Listed by PROEXPORT as one of
    the best Colombian companies within the sector due to its innovative
    business model based on continuous learning.
--  Third place winner: Jani Clean - Puerto Rican company specialized in
    janitorial products and services. In the 22 years they have been in
    the market they have positioned themselves as a company that not only
    offers cleaning services but also painting and maintenance of green
    areas, among others.


The three selected SMEs were awarded with cash prizes ranging from
US$25,000 for first place, to US$15,000 for second place and US$10,000
for third place. INCAE Business School, which joined efforts with UPS for
this initiative, also awarded the first prize winner a scholarship to
attend one of their renowned executive programs. 

    "Having the know-how is as essential for SMEs as is having the necessary
funds to operate. Our partnership with UPS is an ideal complement. At
INCAE Business School we are committed to providing education to
entrepreneurs and professionals furthering their expertise and giving
them the tools to apply them to their businesses," said Zeidy Benavides,
Executive Programs Recruitment manager INCAE.

    To learn more about the contest and read the full success stories of the
three winners, please visit

    * The 14 Latin America and Caribbean countries were: Argentina, Chile,
Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador,
Guatemala, Honduras, Mexico, Nicaragua, Panama, Peru and Puerto Rico.

    About UPS

    UPS (NYSE: UPS) is a global leader in logistics, offering a broad range
of solutions including the transportation of packages and freight, the
facilitation of international trade, and the deployment of advanced
technology to more efficiently manage the world of business.
Headquartered in Atlanta, USA, UPS serves more than 220 countries and
territories worldwide. The company can be found on the Web at
and its corporate blog can be found at To get UPS news
direct, visit

    About INCAE Business School

    INCAE Business School is a private multinational institution, dedicated
to educate and research in the field of management and economics in Latin
America. It was founded in 1964, with advice from Harvard Business School
and the collaboration of the private sector and the governments of the
Central American countries and the United States. 

    INCAE Business School focuses in three key specialties: master's
programs, executive seminars and applied research projects to support
competitiveness in the Latin American region. It encompasses a team of
teachers with doctoral degrees from schools such as Harvard University,
MIT, Stanford, Yale, Oxford, among others. INCAE is currently developing
joint seminars with different universities as, Harvard, Tulane, Cornell
and Georgetown. For more information on INCAE Business School, please


Ellie Peemoller 
Porter Novelli

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