Redmond, WA (PRWEB) June 26, 2006 –
Unitus, a nonprofit organization creating innovative solutions to global poverty, today announced that Geoff Davis, President and CEO, received the Ernst & Young Entrepreneur Of The Year® 2006 Award in the Finance category in the Pacific Northwest. According to Ernst & Young, the award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. Geoff Davis was selected by an independent panel of judges and the award was presented at an Ernst & Young Entrepreneur Of The Year 20th anniversary gala event at the Westin Bellevue on June 23, 2006.
“I am proud to receive this award on behalf of our 10 microfinance institution (MFI) partners and the more than 718,000 micro-entrepreneurs we work to empower in India, Kenya, Argentina and Mexico,” said Unitus President and CEO Geoff Davis. “Ernst & Young’s recognition of our work is tremendously helpful in expanding awareness of global poverty and the sustainable solutions provided by microfinance services worldwide.”
The Ernst & Young Entrepreneur Of The Year awards program celebrates its 20th anniversary this year and continues to honor entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. “Ernst & Young is proud of its history in recognizing these outstanding leaders and their companies,” said Greg Beams, Ernst & Young partner and Entrepreneur Of The Year program director for the Pacific Northwest.
As a Pacific Northwest award recipient, Geoff Davis is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2006 national program. Award recipients in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award recipient, will be announced at the annual awards gala in Palm Springs, California on November 18, 2006. The overall national Entrepreneur Of The Year award recipient is then considered for the world event held in Monte Carlo.
Unitus, Inc. is a nonprofit organization creating innovative solutions to global poverty using a venture capital model. Unitus dramatically accelerates the growth of microfinance institutions (MFIs) and demonstrates that many MFIs can be run as profitable, large-scale, poverty-focused businesses with links to formal capital markets. As of June 2006, Unitus had 10 MFI partners worldwide serving more than 718,000 poor clients. By 2015 Unitus MFI partners plan to reach 10 million clients in India alone. Based in Redmond, WA, USA and with offices in Bangalore, India, Unitus relies on innovative financial instruments and the resources of like-minded individuals and foundations to fulfill its mission. Unitus received the 2006 Fast Company Social Capitalist Award for taking an innovative, business-minded approach to alleviating global poverty. For more information about Unitus, please visit: http://www.unitus.com.
About the Ernst & Young Entrepreneur Of The Year Awards
The Entrepreneur Of The Year® awards program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, the Ernst & Young Entrepreneur Of The Year award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program honors entrepreneurs through regional, national and global award programs in over 100 cities and 35 countries.
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