World Entrepreneur Of The Year
What is the World Entrepreneur Of The Year Award?
The World Entrepreneur Of The Year Award is now in its 14th year. The program was created by EY to recognize the accomplishments of entrepreneurs around the globe. It builds on EY's more than 27 years of success in running Entrepreneur Of The Year® Award programs in more than 60 countries around the world.
Each year, the Entrepreneur Of The Year country winners join together in Monte Carlo to be inducted in to the World Entrepreneur Of The Year Hall of Fame and vie for the EY World Entrepreneur Of The Year title. This year’s event will take place 4-8 June 2014.
Why did EY establish the Entrepreneur Of The Year program?
We started the program to recognize the world’s most successful and innovative entrepreneurs. By identifying and recognizing the achievements of outstanding entrepreneurs within successful growing, dynamic businesses, we aim to encourage entrepreneurial activity around the world.
We work with great entrepreneurs at every level of society: fresh thinkers at global corporations, visionaries at pre-IPO firms and social entrepreneurs working on society’s most pressing problems. We have learned a great deal from these interactions and recognize that entrepreneurialism isn’t about size; it’s about a state of mind. We believe it’s something that all businesses can — and should — embrace.
We want to encourage people around the world to think about what it takes to be an entrepreneur and how we can create an environment where innovation and creativity can thrive. The Entrepreneur Of The Year and World Entrepreneur Of The Year programs are a natural extension of this commitment.
When was the program started?
The Entrepreneur Of The Year program began in the United States in 1986, and we continue to expand the program internationally.
How many countries are participating in the World Entrepreneur Of The Year 2014 Award?
Entrepreneur Of The Year winners is held in more than 145 cities in more than 60 countries. For the first time, Saudi Arabia, Serbia and Uruguay are participating in the program.
How has the World Entrepreneur Of The Year program evolved?
We are welcoming back World Entrepreneur Of The Year alumni who have asked to return. We are inviting other Entrepreneur Of The Year alumni to experience this Monte Carlo event first-hand.
Over the past five years, more than 6,500 entrepreneurs have joined the EY Entrepreneur of The Year alumni. Over half of today’s top 100 NASDAQ companies have won Entrepreneur Of The Year.
But best of all: we are bringing added-value to all attendees by assembling world-class content and entertainment. This will include:
Renowned keynote speakers headlining each day, speaking on key business and entrepreneurial topics
Introducing timely panel sessions and small interactive "think tanks"
Inviting globally recognized speakers to participate and interact with the participants
Promoting and showcasing all this entrepreneurial achievement on our various social media channels
How does an entrepreneur get to the World Entrepreneur Of The Year Award level?
The nomination process begins at the regional level in most countries. Regional winners are then eligible for their country’s national Entrepreneur Of The Year Award. All country winners are then eligible for the World Entrepreneur Of The Year Award. There is no separate nomination process for the World Entrepreneur Of The Year Award, since all the World Entrepreneur Of The Year candidates qualify on the basis of being the current Entrepreneur Of The Year country winner.
Will there be awards given in different categories?
No, but all of the country winners will be recognized for their entrepreneurial achievements and inducted into the World Entrepreneur Of The Year Academy. Following the induction ceremony, one winner will be announced as the World Entrepreneur Of The Year 2014.
How is the winner selected?
Each member of the World Entrepreneur Of The Year independent judging panel receives a detailed packet of information on each of the country winners in advance of the judging session. After a private meeting of the winners and judges while in Monte Carlo, the panel convenes on Saturday morning to discuss each candidate’s qualifications and to select the World Entrepreneur Of The Year 2014. The winner is announced at the black-tie award ceremony on Saturday evening.
Who is on the independent judging panel for the World Entrepreneur Of The Year Award?
The World Entrepreneur Of The Year judging panel is composed of prior year Entrepreneur Of The Year winners and business leaders from all geographies around the world and in a variety of sectors. A complete list of judges and their background information is available in the media kit.
How do you ensure the judging process is unbiased?
As most of the judges are past country winners of the Entrepreneur Of The Year Award, we believe they understand the importance of an unbiased and fair selection process to uphold the integrity of the program. Judges are rotated from year to year to ensure fresh thinking and enthusiasm in the judging process.
How can companies with vastly different business philosophies and turnover be judged against each other?
The award is given on the basis of six criteria allowing all country winners an equal opportunity to compete: entrepreneurial spirit, financial performance, strategic direction, innovation, global impact and personal integrity/influence.