EY Entrepreneur Of The Year®
Utah regional program
Honoring the visionary builders of our business landscape.
Application deadline: Friday, March 6, 2015
- Owner/manager of a private or public company who is primarily responsible for the recent performance of the company
- Must be in his/her role for at least two years
- At least two years old for Emerging category candidates (companies two to five years old) and three years or more for all other categories
Definition of an Entrepreneur
Entrepreneurs include both founders of companies and those who organize, manage, and assume the “educated” risks of a business or enterprise in the companies’ life or development and are active in the leadership of the company. Traditionally, the entrepreneur is the CEO/original founder of an organization.
Entrepreneurs can also be those CEOs that come on board to join an existing business and create institutional change. In doing so, these CEO/entrepreneurs assume a different kind of risk, but a risk nonetheless. In select cases, the CEO/President of a subsidiary may also qualify as an Entrepreneur. There are many situations, such as an acquired business, where the subsidiary or divisional CEO/President has a separate P&L and substantial vision and authority over strategy and execution of the grand plan for that business and, as a result, can be considered an Entrepreneur. Entrepreneurs can also be multi generational (i.e. business passed from generation to generation). The new leadership should exhibit their own form of risk and also “make their mark” on the family business.
Whether the original founder or a non-founding CEO/entrepreneur, these individuals find creative, venturesome ways to acquire the capital resources, build their team and innovate to achieve their goals and to build and grow their business. They create value for themselves, their employees, their customers and their communities.