CHAPTER 1 What is the EY Entrepreneur Of The Year?
Each year EY receives almost 10,000 nominations from our 145 city or regional programs in over 50 countries, to compete for a range of regional, national, and eventually global titles recognizing exceptional entrepreneurship. Nominations come from multiple sources and less than 20% of them are EY clients. Once nominated, entrepreneurs go through a series of judging rounds – each conducted by independent judges who are typically EY Entrepreneur Of The Year alumni and other entrepreneurs. Ultimately each program annually selects a national winner based on a balanced scorecard of key criteria that together reflect the essence of a truly great entrepreneur. These are, in no particular order:
- Entrepreneurial spirit
- Value creation
- Strategic direction
- National and global impact
- Innovation
- Personal integrity / purpose-driven leadership
Each June, national winners representing more than 50 nations come to Monaco to represent their country at the world’s premier event that recognizes and celebrates entrepreneurial achievement. While there, they participate in a final round of independent judging. Ultimately, one is named the EY World Entrepreneur Of The YearTM – a highly coveted honor. The prize isn’t monetary: it is the recognition of exceptional achievement by a group of respected peers. Together the entrepreneurs participating in the EY World Entrepreneur Of The Year 2018 competition in Monaco had the characteristics shown in
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