Celebrating the unstoppable entrepreneurs whose ambitions transform our world.
DETROIT, MI, Sept 16, 2020 – Ernst & Young LLP (EY US) today announced that Mathew Vachaparampil, CEO of Caresoft Global, Inc. was named an Entrepreneur Of The Year® 2020 Michigan and Northwest Ohio Award finalist. Now in its 34th year, the Entrepreneur Of The Year program honors entrepreneurial business leaders whose ambitions deliver innovation, growth, and prosperity as they build and sustain successful businesses that transform our world. Mathew was selected as one of 29 finalists by a panel of independent judges from a competitive pool of nominations.
Award winners will be announced through a special virtual event on Thursday, October 8 at 6 p.m. EST and will join a lifelong community of esteemed Entrepreneur Of The Year alumni from around the world. This year, unstoppable entrepreneurs who have provided extraordinary support for their communities, employees, and others during the COVID-19 crisis will also be recognized for their courage, resilience, and ingenuity.
Entrepreneur Of The Year is one of the preeminent competitive award programs for entrepreneurs and leaders of high-growth companies. The nominees are evaluated based on six criteria, including overcoming adversity; financial performance; societal impact and commitment to building a values-based company; innovation; and talent management. Since its launch, the program has expanded to recognize business leaders in more than 145 cities in over 60 countries around the world.
“As the world is trying to emerge out of an unprecedented crisis due to the pandemic, it is imperative that organizations must adapt to the new-normal by investing in technologies and processes that reduce costs. This is the immediate challenge facing today’s entrepreneurs as we sail through the rough oceans of this ever-changing world”. Said Mathew Vachaparampil. “We at Caresoft Global have doubled down our focus on reducing manufacturing costs for our customers in OEMs and supply chain and our leadership & engineering teams have started to focus on harnessing the power of technology. Being shortlisted for the Entrepreneur Of The Year award is like being validated that we are on the right track” He added.
Regional award winners are eligible for consideration for the Entrepreneur Of The Year National Awards, to be announced in November during a virtual awards gala. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2021.
Entrepreneur Of The Year Award winners become lifetime members of a global, multi-industry community of entrepreneurs, with exclusive, ongoing access to the experience, insight, and wisdom of program alumni and other ecosystem members in over 60 countries — all supported by vast EY resources.
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by SAP America and the Kauffman Foundation.
In Michigan and Northwest Ohio, sponsors also include Citizens Bank, Donnelley Financial Solutions, Trion Solutions, Oswald Companies, Stanton Chase, and Tanner Friedman Strategic Communications.
About Entrepreneur Of The Year®
Entrepreneur Of The Year® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth, and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. Winners go on to compete for the EY World Entrepreneur Of The Year™ title. ey.com/us/eoy
About EY Private
As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices, and entrepreneurs. Visit ey.com/private
EY is a global leader in assurance, tax, strategy, transaction, and consulting services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients, and for our communities.
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 is available via ey.com/privacy. For more information about our organization, please visit ey.com.