The Entrepreneur of the Year® awards
celebrate the bold leaders who disrupt markets, revolutionize
industries and transform lives
WASHINGTON, July 3, 2024
/CNW/ -- MPOWER Financing is proud to announce that its CEO and
co-founder, Emmanuel (Manu) Smadja,
has been named the Entrepreneur Of The Year® 2024 Mid-Atlantic
Award winner by Ernst & Young LLP (EY US). This prestigious
award recognizes Smadja's exceptional leadership and the
significant impact MPOWER Financing has made in democratizing
access to education for talented students worldwide.
We consider this award a recognition of the
impact MPOWER is having by democratizing access to education
Smadja was selected by an independent judging panel made up of
previous award winners, leading CEOs, and other business leaders.
Candidates were evaluated based on their ability to create
long-term value through entrepreneurial spirit, commitment to their
purpose, and demonstration of growth and substantial impact, among
other key indicators.
"It's an honor to be the Entrepreneur Of The Year® 2024
Mid-Atlantic Award winner," said Smadja. "Since founding MPOWER
Financing 10 years ago, our team has worked tirelessly to create a
world where access to education is borderless. We consider this
award a recognition of the impact MPOWER is having by democratizing
access to education. As CEO of MPOWER, I get to be the face of the
company, but this award really goes to our dedicated team, backers,
partners, and the talented international students we're proud to
serve."
Manu added, "MPOWER graduates are citizens of the world. They
are founding companies, running for office, and making scientific
discoveries. We're inspired by their stories and are honored that
they chose us as their partner on their educational journey – 93%
of our students say that a loan with MPOWER was imperative for
their ability to complete their education. We're helping these
students – many of whom are first-generation college students from
the Global South – improve their lives and the lives of their
families."
MPOWER Financing is a Washington,
D.C.-based, mission-driven fintech firm and the leading
provider of non-cosigned loans to promising students from around
the world. To date, MPOWER has provided over 15,000 loans to
students pursuing higher education across the United States and Canada. In addition to providing global
education loans, the firm provides career guidance and immigration
support to prepare students for success after graduation.
Entrepreneur Of The Year recognizes many different types of
business leaders for their ingenuity, courage and entrepreneurial
spirit. The program celebrates original founders who bootstrapped
their business from inception or who raised outside capital to grow
their company; transformational CEOs who infused innovation into an
existing organization to catapult its trajectory; and
multigenerational family business leaders who reimagined a legacy
business model to fortify it for the future.
About MPOWER Financing
Headquartered in Washington, D.C., and with employees
worldwide, MPOWER Financing is a mission-driven fintech company and
the leading provider of global education loans. Its proprietary
algorithm analyzes overseas and domestic credit data as well as
future earning potential to serve promising international students.
MPOWER works with over 400 top universities across the U.S. and
Canada to provide financing to
students from over 200 countries. The MPOWER team primarily
consists of former international students and provides students
with career guidance and immigration support to prepare them for
their professional careers after graduation.
MPOWER is a Certified B-Corp and has been named a
Great Place To Work, one of the best fintechs to work for
and the best tech workplace for diversity. The company is hiring
for various positions worldwide.
About Entrepreneur Of The Year®
Founded in
1986, Entrepreneur Of The Year® has celebrated more than
11,000 ambitious visionaries who are leading successful, dynamic
businesses in the US, and it has since expanded to nearly 80
countries and territories globally.
The US program consists of 17 regional programs whose panels of
independent judges select the regional award winners every
June. Those winners compete for national recognition at
the Strategic Growth Forum® in November where
National finalists and award winners are announced. The
overall National winner represents the US at the World
Entrepreneur Of The Year® competition. Visit
ey.com/us/eoy.
About EY
EY exists to build a better working world,
helping to create long-term value for clients, people and society
and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150
countries provide trust through assurance and help clients grow,
transform and operate.
Working across assurance, consulting, law, strategy, tax and
transactions, EY teams ask better questions to find new answers for
the complex issues facing our world today.
EY refers to the global organization, and may refer to one or
more, of the member firms of Ernst & Young Global
Limited, each of which is a separate legal entity. Ernst &
Young Global Limited, a UK company limited by guarantee, does
not provide services to clients. Information about how EY collects
and uses personal data and a description of the rights individuals
have under data protection legislation are available via
ey.com/privacy. EY member firms do not practice law where
prohibited by local laws. For more information about our
organization, please visit ey.com.
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SOURCE MPOWER Financing