Ernst & Young Entrepreneur of the Year Award | |
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Awarded for | Entrepreneurship |
Sponsored by | Ernst & Young |
Date | 1986 |
Presented by | Ernst & Young |
Official website | ey |
The Ernst & Young Entrepreneur of the Year Awards or EY Entrepreneur of the Year Awards, sponsored by Ernst & Young, is a global competition that encourages entrepreneurship. Founded in 1986 in Milwaukee with just one award, as of 2016, twenty-five programs were run in all fifty states of the United States and also run in more than sixty countries.
Despite the name, the award can be given to multiple individuals per year; for example, in 2013 there were ten winners in the state of New York, with winners awarded in the categories of retail and consumer products; technology; family business; emerging; energy, chemical and mining; food products and services; real estate, hospitality, and construction; financial services; digital media; and transformational. In 2014, there were eleven national winners in the United States; with one individual recognized as the Overall Award Winner.
The Entrepreneur of the Year Awards have been awarded to over 10,000 since 1986, averaging 400 recipients annually.
Annually, each of the overall country winners gather in Monte Carlo, Monaco, for the annual EY World Entrepreneur of the Year Award. EY Entrepreneur of the Year Nominees are reviewed by an independent judging panel composed of several distinguished business leaders and previous award recipients. All country winners will be inducted into the World Entrepreneur of the Year Academy and to the Entrepreneur of the Year Hall of Fame, on permanent display at Ernst & Young's US headquarters at 5 Times Square in New York City.