This article may rely excessively on sources too closely associated with the subject , potentially preventing the article from being verifiable and neutral.(April 2021) |
Founded | 1987 |
---|---|
Founder | 22 founders |
52-1651248 [1] | |
Legal status | 501(c)(3) nonprofit organization [1] |
Headquarters | Alexandria, Virginia, United States [1] |
Area served | Owners and founders of businesses with at least US$1,000,000 in revenue |
Members | 18,000+ |
Lynn Anstett [2] | |
Deborah Rainey [2] | |
Website | www |
Formerly called | Young Entrepreneurs' Organization |
Entrepreneurs' Organization (EO) is a global non-profit organization formerly known as the Young Entrepreneurs' Organization (YEO), [3] [4] that was founded in 1987. [4]
In 1987, 22 young entrepreneurs founded an organization initially known as The Young Entrepreneurs' Organization (YEO) which expanded throughout the United States and Canada. Within a few years, membership grew to include chapters in Latin America, Europe, the Middle East, Africa, and Asia. [5] In 1996, YEO helped create the World Entrepreneurs' Organization (WEO), which served as an alumni organization for YEO members who, after the age of 40, wanted to continue their involvement in an entrepreneurial membership organization. In 2005, YEO and WEO merged to form the Entrepreneurs' Organization (EO) as it is known today. [6] They continue to focus on youth with the annual Global Student Entrepreneur Awards and pitch contest. [7] [8] [9] [10] [11]
Verne Harnish is the founder of the Young Entrepreneurs' Organization and recruited 22 entrepreneurs as founding board members to initially fund the start-up of the organization. Some of the members were Kevin Harrington, of Shark Tank fame, Julie Brice, founder of I Can't Believe It's Not Yogurt, Neil Balter of the California Closet Company, and Lisa Renshaw of Penn Parking Inc. [12] Members are required to have controlling ownership of a company with annual revenue of at least one million dollars. Membership has grown to over 18,000+ worldwide with an average age of 44 and a series of chapters in more than 60 countries. As of 2015, it was estimated that approximately fifteen percent focused in arts and other soft businesses. [13] [11]
The Global Entrepreneur Indicator (GEI) began in 2010 [14] as a semi-annual survey of the membership of the Entrepreneurs' Organization. The Global Entrepreneur Indicator surveys a globally representative sample of entrepreneurs to predict economic trends in a number of areas, including job creation, profits and debt loads, economic forecasting, and the business environment.
In 2012, the GEI found that approximately 60% of businesses experienced a net profit, while 59% increased their employee headcount. [15]
AIESEC is an international "youth-run" and led, non-governmental and not-for-profit organization that provides young people with business development internships. The organization focuses on empowering young people to make a progressive social impact. The AIESEC network includes approximately 40,000 members in 120+ countries.
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, or simply a nonprofit, is a legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to generate a profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be nonprofit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without having tax-exempt status.
Rotary International is one of the largest service organizations in the world. The mission of Rotary, as stated on its website, is to "provide service to others, promote integrity, and advance world understanding, goodwill, and peace through [the] fellowship of business, professional, and community leaders". It is a non-political and non-religious organization. Membership is by application or invitation and based on various social factors. There are over 46,000 member clubs worldwide, with a membership of 1.4 million individuals, known as Rotary members.
A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being. This may include maximizing social impact alongside profits for co-owners.
Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs. For-profit entrepreneurs typically measure performance using business metrics like profit, revenues and increases in stock prices. Social entrepreneurs, however, are either non-profits, or they blend for-profit goals with generating a positive "return to society". Therefore, they use different metrics. Social entrepreneurship typically attempts to further broad social, cultural and environmental goals often associated with the voluntary sector in areas such as poverty alleviation, health care and community development.
Peter H. Thomas is a Canadian entrepreneur, investor, author, public speaker, and philanthropist. Thomas was the founding partner and chairman of Century 21 Real Estate Canada Ltd and Samoth Capital Corporation. He is the founder and chairman of Thomas Pride International and its affiliates, including Thomas Franchise Solutions as well as LifePilot.
A low-profit limited liability company (L3C) is a legal form of business entity in the United States. Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. L3Cs were created to comply with the Internal Revenue Service (IRS) program-related investments (PRIs) rules which allow most typically private foundations the ability to maintain tax-exempt status through investments in qualifying businesses and/or charities. With a social mission as the primary objective and a secondary objective of profit generation, the L3C legal form is considered a viable option for businesses seeking a reputation or marketability for being a social enterprise.
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk, and potentially involving values besides simply economic ones.
Frank John Ford was an Australian freelance writer, director, dramaturg and drama lecturer.
The Oregon Entrepreneurs Network (OEN) is the largest entrepreneur assistance organization in the state of Oregon. As such, this not-for-profit organization provides resources and support for emerging, growth-oriented companies in Oregon and the Pacific Northwest.
The GLOBAL ENVIRONMENTAL INSTITUTE (GEI) was founded in the U.S. in 2003 and was registered as an independent non-profit organization in the State of Delaware. GEI's mission was to design and implement market-based models for solving environmental problems in order to achieve development that is economically, ecologically, and socially sustainable. GEI was dissolved in October 2011. GEI's sister organization, the independent Beijing Chaoyang District Sustainable Global Environmental Institute in China (GEI-China) remains active.
Premal Shah is an Indian-American entrepreneur who co-founded Kiva, a global poverty alleviation non-profit that has raised over $1 billion for low-income entrepreneurs in eighty countries.
The Washington International Trade Association (WITA) is an organization that hosts forums for discussing issues of international trade in the United States. The meetings hosted by WITA have been used by members of Congress to discuss their goals on trade. Operating as a non-profit, non-partisan organization, WITA itself does not engage in political discussion or debate.
The Global Innovation Index is an annual ranking of countries by their capacity for, and success in, innovation, published by the World Intellectual Property Organization (WIPO). It was started in 2007 by INSEAD and World Business, a British magazine. Until 2021 it was published by WIPO, in partnership with Cornell University, INSEAD and other organisations and institutions. It is based on both subjective and objective data derived from several sources, including the International Telecommunication Union, the World Bank and the World Economic Forum.
The Organisation for Economic Co-operation and Development is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members.
In business, a B Corporation is a for-profit corporation certified by B Lab for its social impact. B Corp certification is conferred by B Lab, a global non-profit organization. To be granted and to maintain certification, companies must receive a minimum score of 80 from an assessment of its social and environmental performance, integrate B Corp commitments to stakeholders into company governing documents, and pay an annual fee based on annual sales. Companies must re-certify every three years to retain B Corporation status.
Verne C. Harnish is founder of the Young Entrepreneurs' Organization (YEO), now known as Entrepreneurs' Organization, and the Association of Collegiate Entrepreneurs. He also serves as co-founder and principal of Growth Institute and as founder and chief executive officer of Scaling Up.
The American Chamber of Commerce in the People's Republic of China is a nonprofit, nongovernmental organization it has 4,000 individual members from 900 companies operating across China. The chamber provides information, networking opportunities, business support services, and advocacy to promote a mutually beneficial bilateral business environment for the U.S. and China.
From 1978 to 2021 the MIT Enterprise Forum (MITEF) operated chapters in major cities in the U.S. and worldwide. The MIT Enterprise Forum was non-profit organization affiliated with the Massachusetts Institute of Technology (MIT) through MIT Technology Review. The chapters ran a range of events and programs targeted to help early-stage entrepreneurs, promote innovative technology to the general public. In the spring of 2021, MIT Technology Review, the parent and MIT Enterprise Forum, Inc (“Global”) notified the Chapters that MIT Technology Review decided to no longer support the Chapters of the MIT Enterprise Forum. In July 2021, the largest and flagship chapter of the MIT Enterprise Forum; the MIT Enterprise Forum of Cambridge subsequently renamed itself The eForum in order to continue its mission of helping early stage entrepreneurs succeed.
Mark Bly is an American dramaturge, educator, and author. After graduating from Yale's Dramaturgy and Dramatic Criticism Program in 1980, Bly worked as a resident dramaturge – then a relatively new position in the United States. He held this position for several of the country's major regional theaters: the Guthrie, Yale Rep, Seattle Rep, Arena Stage, and the Alley. He was the first dramaturge to receive a Broadway dramaturgy credit for his collaboration with director Emily Mann on her play Execution of Justice (1986), During his career, Bly worked as a production dramaturge with a series of major theater artists including Doug Hughes, Garland Wright, Emily Mann and Moisés Kaufman, as well as on the world premieres of works by playwrights Suzan-Lori Parks, Sarah Ruhl and Rajiv Joseph.