Community Sector Banking
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

Top Entrepreneur Award Goes To 'Community Man'


Monday, 22nd December 2003 at 12:12 pm
Staff Reporter
David Bussau, the co-founder of the global development organisation Opportunity International – has been chosen as the Ernst & Young Australian Entrepreneur of the Year 2003.

Monday, 22nd December 2003
at 12:12 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Top Entrepreneur Award Goes To 'Community Man'
Monday, 22nd December 2003 at 12:12 pm

David Bussau, the co-founder of the global development organisation Opportunity International – has been chosen as the Ernst & Young Australian Entrepreneur of the Year 2003.

Bussau has been recognised for his role in the formulation of the methodology of Micro-Enterprise Development (MED), for co-founding Opportunity International (OI) and for the enormous impact the organisation has had in empowering more than a million budding entrepreneurs in the developing world to break out of the poverty cycle forever.

This is the first time that the overall winner has come from the ‘Social, Community or Not-for-Profit’ category.

David inherits the mantle of Australian Entrepreneur of the Year form last year’s winner, John Rothwell of Austal Ships Pty Ltd.

Judges found that the impact of David Bussau’s own lateral thinking has now stretched across the globe. Through MED, Opportunity International creates jobs by providing small loans and training to the poor in 27 developing countries, empowering them to start or expand their own small businesses.

By tackling the causes of poverty at the grass roots, this method has proven to be one of the most effective and sustainable ways to fight poverty. In 2002 alone, OI provided more than $200 million worth of loans and created or sustained over 700,000 jobs.

Bussau told the award ceremony in Melbourne that the challenge for himself has been to find ways to release that incredible potential in human beings, to enable that creative force and drive to be expressed.

Earlier at the awards ceremony, Bussau received the national Ernst & Young award for ‘Entrepreneurship in a Social, Community or Not-For-Profit Enterprise’, one of 6 categories recognised on the night.

He was chosen as the Australian Entrepreneur of the Year 2003 from dozens of successful entrepreneurs from all around Australia from all facets of Australian business and endeavour.

Bussau will now go on to represent Australia at the Ernst & Young World Entrepreneur of the Year Awards in Monaco in June, 2004.

A panel of independent judges comprising leading figures from the Australian business community selected the winner for each of the categories with one of these winners then selected as the overall Australian Entrepreneur of the Year 2003.

The winners were selected on several criteria: entrepreneurial spirit, innovation, financial performance, strategic direction, personal integrity/influence and national/global impact.

The Ernst & Young Entrepreneur of the Year program is now in its third year in Australia and is part of the global Entrepreneur of the Year program that has been running successfully for 17 years in the United States and now spans over 35 countries.




Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Tags : Awards,

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Impact 25 winners revealed

Wendy Williams

Tuesday, 12th March 2019 at 8:49 am

Voting Opens for 2018 Impact 25 Awards

Wendy Williams

Thursday, 17th January 2019 at 8:30 am

Recognising The Community Sector’s Unsung Heroes

Wendy Williams

Tuesday, 19th June 2018 at 5:21 pm

Australian Not-for-Profit Technology Awards Finalists Announced

Contributor

Thursday, 12th April 2018 at 8:24 am

POPULAR

Morrison vows to prioritise NDIS following election win

Luke Michael

Monday, 20th May 2019 at 4:05 pm

Australia set to face UN scrutiny over disability rights

Luke Michael

Friday, 17th May 2019 at 4:45 pm

Guide dogs business venture set to shake up traditional charity model

Maggie Coggan

Monday, 13th May 2019 at 4:11 pm

Good360
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!