EY Entrepreneur of the Year Award
EY competition and award for entrepreneurs
From Wikipedia, the free encyclopedia
EY Entrepreneur Of The Year, previously known as Ernst & Young Entrepreneur of the Year Awards, is an annual award program sponsored by EY in recognition of entrepreneurship. Founded in 1986 in Milwaukee as a single award, the program now runs in all 50 U.S. states and in more than 60 countries.[1]
| EY Entrepreneur Of The Year Award | |
|---|---|
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| Awarded for | Entrepreneurship |
| Sponsored by | EY |
| Date | 1986 |
| Presented by | EY |
| Website | ey.com/entrepreneur-of-the-year |
At the country and territory levels, programs begin with nomination[2] of entrepreneurs who demonstrate specific criteria. The award may be given to multiple individuals per year. For example, in the U.S. and other countries, there are multiple regional and category winners, spanning fields such as for retail and consumer products, technology, family business, energy, chemical and mining, food products and services, real estate, hospitality, and construction, financial services, digital media, and transformational ventures.[3] However, in each country, only one company and its leader(s) are recognized as the overall award recipient.[4] EOY in national levels typically split into categories, for example in Ireland there is Emerging, Established, and International. One of those category winners will win overall and represent their region/nation/area in the World EOY.Many Regions also give out a sustainability award.The categories vary by location.Unique to Ireland is the “CEO retreat” where the office(and country) managing partners, sector leading partners, and senior(equity) partners take a foreign trip with the finalists, similar events include summits for the largest EY offices across the U.S.
Since 1986, over 10,000 founders, CEOs, and business leaders have received awards,[5] with an average of 400 recipients annually.
EY World Entrepreneur of the Year
Since 2001, the overall country winners from EY Entrepreneur of the Year programs around the world have gathered in Monte Carlo, Monaco the first week of every June for EY World Entrepreneur of the Year.
Dubbed "the ultimate global competition and event for entrepreneurs," each year's class of country winners are reviewed by an independent judging panel of business leaders and previous award recipients.[6]
The judges for EY World Entrepreneur of the Year 2023 were Chair of Judges Hernan Kazah, Co-Founder and Managing Partner, Kaszek Ventures (Argentina); George Hongchoy, Executive Director and CEO, Link Asset Management Limited (Hong Kong and China); Phyllis Newhouse, CEO, Xtreme Solutions, Inc. (USA); Susan Chong, Founder and President, Greenpac Pte Ltd. (Singapore); Noëlla Coursaris Musunka, Founder and CEO, Malaika (Democratic Republic of the Congo); Michèle Sioen, CEO, Sioen Industries (Belgium); Rafał Brzoska, CEO, InPost Group (Poland); and JungJin SEO, Honorary Chairman, Celltrion Group (South Korea).[7]
21st century recipients
Other awards
Periodically, global leaders are bestowed awards during the EY World Entrepreneur Of The Year award gala in Monaco.
EY Entrepreneur of the Year Social Entrepreneurship Award
The EY Entrepreneur of the Year Social Impact and Social Entrepreneurship awards recognize the achievements of leaders whose legacies have had global impact in areas such as sustainability. This award is peer-selected by EOY alumni that form the Global Alumni Council. Recipients of this award are considered EOY alumni.[15]
| Year | Winner(s) | Company | Country | Announcement |
|---|---|---|---|---|
| 2016 | Selim Bassoul | Bassoul Dignity Foundation | Lebanon | |
| 2018 | Andrew Forrest | Fortescue | Australia | [15] |
| 2019 | Liu Jiren | Neusoft | China | [16] |
| 2021 | Charles III | Monarchy of the United Kingdom | United Kingdom | [17] |
| 2022 | Stella McCartney | Stella McCartney Cares | United Kingdom | [18] |
| 2022 | Al Hasan Milad | Social Organizations | Bangladesh | [19] |
