Entrepreneur of the Year Sucks Customer Reviews and Feedback
The EY Entrepreneur of the Year Awards previously Ernst & Young Entrepreneur of the Year Awards is an award sponsored by Ernst & Young in recognition of entrepreneurship. Founded in 1986, in Milwaukee, as a single award, as of 2016, twenty-five programs were run in all 50 states of the United States, and more than 60 countries.
The award may be given to multiple individuals per year; for example, in 2013 there were ten winners in the state of New York, with winners 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 US; with one individual recognized as the overall award winner.
Since 1986, over 10,000 people have received awards averaging 400 recipients annually.
Alok Kejriwal wrote for the Rodin Hoods that E&Y awards are a scam "They market it like crazy and then end up rewarding the same people each and every year. Why do they do this? ‘Coz E&Y wants to remain relevant to Corporate Houses every year"
Also apparently not all the award recipients are the best choice. In 2013 a former Ernst & Young Entrepreneur of the Year award winner was arrested on charges of fraud. "Claudio Osorio was voted Ernst & Young "Entrepreneur of the Year" in 1997 when he owned CHS Electronics. That firm went bankrupt in 1999, after settling a class-action lawsuit with shareholders and an investigation of international tax fraud"