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Ernst and Young extends entrepreneur programme to India

Ernst and Young, one of the world's leading professional services organisations, has launched its globally successful Entrepreneur of the Year programme in India.

As part of the programme, Ernst and Young India will honour individual entrepreneurs each year in four categories: the entrepreneur of the year, a master entrepreneur of the year, the entrepreneur of the year in manufacturing and in services sector.

''India's entrepreneurs have been prospering and contributing even though they have constantly been on the run from systematic hurdles,'' said chairman of Ernst and Young (India) chairman K N Memani.

''The EOY programme is our way of telling these hundreds of entrepreneurs that we recognise their amazing fighting spirit.''

The winner of EOY award will be inducted as a lifetime member into the EOY Hall of Fame. She or he will also be invited to the annual Ernst and Young EOY international conference between November 11 to 14 at Palm Spring in California.

The initial selection of finalists in each category based on objective financial criteria, and the final selection of winners will be made by a jury comprising leaders from corporate India, economists and industry analysts. The winners will be arrived at after a screening process that will scan over 10,000 potential nominees from all over the country.

Founded and produced by the $ 10.9 billion Ernst and Young in 1986, the EOY programme is global in its scope with Britain and Japan joining India in their national launch this year. One of the highlights of the EOY programme has been its ability to recognise entrepreneurial success stories early on in their careers.

Ernst and Young is the fourth largest management consulting firm with more than 15,500 consultants around the world. It offers advisory services to companies in various sectors including automotive and energy industries, retail and consumer products, the life sciences, financial services and the technology, communications and entertainment sectors.

The firm employs over 85,000 people in 689 cities across 133 countries. It has 335 offices in Europe, 171 in the Americas, 60 in West Asia and a growing practice in Asia-Pacific where it now has 109 offices, including nine in India.

UNI

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