Margery KrausMargery Kraus

Margery Kraus, founder and executive chairman of APCO Worldwide, on Friday will be given a C200 Entrepreneurial Champion Award.

The recognition is part of the 2015 C200 Luminary Awards, which are given to women credited with changing the face of business.

The C200 Entrepreneurial Champion Award, sponsored by EY, is designed to promote the growth in women-owned businesses and help high-potential women entrepreneurial high-potential women entrepreneurs scale rapidly.

Kraus founded Washington, D.C.-based APCO in 1984 and transformed it from a company with one office to an international consulting firm in major cities throughout the Americas, Europe, the Middle East, Africa and Asia.

In September 2004, Kraus led a management buy-out of her firm, making APCO one of the largest privately owned communication and public affairs firms in the world.

C200 is an invitation-only, global organization composed of the world's most successful female entrepreneurs and corporate leaders.