Press release

Official launch of the Entrepreneur of the Year 2013 in Luxembourg

Luxembourg, 24 June 2013

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EY is organizing this year, for the fourth time in Luxembourg the Entrepreneur of the Year competition, which provides a unique opportunity for the entrepreneurs who are established in the Grand Duchy of Luxembourg to be awarded for their outstanding achievement at a local and international level.

Launched in 1986 by EY in the United States, the Entrepreneur of the Year Award has been organized in more than 140 cities, 50 countries and rewards more than 900 outstanding entrepreneurs each and every year. Known as the most prestigious award assigned to entrepreneurs coming from all over the world. The Entrepreneur of the Year Award aims to reward entrepreneurs who have displayed entrepreneurial and innovative spirit, an ingenious strategy of development, an excellent financial performance and an effective management of their human resources and their organization.

Yves Even, Partner in charge of the Entrepreneur of the Year program in Luxembourg comments: “The Entrepreneur of the Year Award symbolizes an exceptional human story, which is the story of women and men, who have proven that it is always possible to progress, to innovate and to create value and jobs. As the key drivers of growth and competitiveness, they feed on confidence and cultivate the entrepreneurial spirit.”

Participation criteria and selection

Each candidate of the Entrepreneur of the Year will have to apply by 15 July 2013, while complying with the following participation criteria:

- Minimum 10% ownership in the company
- Lead a company which has been established for at least three years in Luxembourg
- A turnover equal to or higher than 2.5 million euros.

All the entrepreneurs who will have been selected after a rigorous selection process will then meet Ernst & Young professionals, who will help them establish a personalized diagnostic of their companies before providing the members of an independent jury with their sound business cases.

The jury

The independent jury of the « Entrepreneur of the Year 2013 Award » is composed of representatives of the economic world, who are recognized for their experience and their neutrality.
The jury will be chaired this year by Robert Dennewald, President of the FEDIL Association, who is highly involved in the business community, alongside with:

Gary Kneip – Confédération Luxembourgeoise du Commerce
Tom Theves – Ministry of Economy
Georges Muller – Fédération des Jeunes Dirigeants d’Entreprise
Jacques lanners – Ceratizit S.A., the winner of the previous edition of the Entrepreneur of the Year in Luxembourg.

The previous editions of the Entrepreneur of the Year in Luxembourg

Nicolas Buck of Victor Buck Services S.A. was first rewarded as the Entrepreneur of the Year in Luxembourg in 2004. In 2006, Abbas Rafii, Managing Director of Ireco S.A. succeeded Nicolas Buck as the “Entrepreneur of the Year 2006” in Luxembourg, and then followed by Jacques Lanners of Ceratizit S.A. in 2009.

EY has not only been pleased to continue with this program, but it also wishes to highlight the success of the entrepreneurs who are based in Luxembourg and promote the entrepreneurial spirit as it rewards them for their contribution and their initiatives.

“We are very proud to launch a new edition of the Entrepreneur of the Year this year again, because we are convinced there are talented entrepreneurs in Luxembourg. This award is a real opportunity to celebrate entrepreneurship here in Luxembourg”, says Alain Kinsch, Country Managing Partner of EY Luxembourg.

The event’s Partners

This year, highly recognized companies such as Audi, BGL BNP Paribas and Foyer have chosen to join the competition as official partners.

The Entrepreneur of the Year 2013 competition is also supported by the Ministry of Economy, the Fédération des Jeunes Dirigeants d’Entreprise, the FEDIL Association, the Confédération Luxembourgeoise du Commerce and the Chamber of Commerce in Luxembourg.

Why not you?

If you would like to become the Entrepreneur of the Year 2013 in Luxembourg, you just need to fill in the application questionnaire by 15 July 2013 and ensure that you comply with the participation criteria.

The winner of the Entrepreneur of the Year 2013 competition will be unveiled during a gala ceremony which will be held later in December.

The winner in Luxembourg will also have the privilege of competing for the World Entrepreneur of the Year competition which will take place in June 2014 in Monte-Carlo.

Key dates

Official launch: 24 June 2013
Application close date: 15 July 2013
Announcement of the 6 finalists: November 2013
Entrepreneur of the Year 2013 – Luxembourg award: December 2013

Visit our website for more information on the competition.