Why a FBN NxG Award?
Entrepreneurship is what lies at the heart of a family business. Every family business started with an idea and one person (or a group of people) who had the drive to make it happen and the willingness to take a risk. The entrepreneurial mind-set is part of the genetic makeup of family business. The NxG Award was created in 2009 with the purpose of championing young family business members who initiated entrepreneurial or intrapreneurial projects. Since its launch, the Award has supported young innovators in their journey. Building on 11 years of successful entrepreneurial stories, the Award fosters a community of young NxG entrepreneurs within the global network
The Prize
Every year, we team up with world class award sponsor to offer finalists and winner executive education and tutorship from the best experts.
As part of the prize, winner and finalists get exposure and the opportunity to present their venture to the FBN community, and demonstrate how next generations can make a difference!
The Prize is also in the process as applicants receive first-hand guidance from jury members and entrepreneurs peers to help them pitch and fine tune their projects.
Finally, applicants join the vibrant international community of FBN Entrepreneurs!
A Community of NxG Entrepreneurs
For a decade now FBN has been fostering a community of NxG Entrepreneurs through the NxG Award. The community encourages intra and entrepreneurial projects and thought exchange within the members. This unique network of entrepreneurial individuals with family business backgrounds brings together a wealth of knowledge and experience of like-minded individuals.
Partnership with Lombard Odier
With more than 220 years of experience, Lombard Odier is a seventh-generation family business specialising in asset management and wealth preservation. Tradition and innovation have been the key factors in its longevity. Constantly rethinking the world, showing imagination and welcoming change as an opportunity have allowed Lombard Odier to offer inventive solutions, closely aligned to the needs and ambitions of its clients
Throughout its history, the bank has been deeply committed to the values that guide the transmission of family wealth to future generations, such as responsibility, long-term commitment and a desire for excellence. The FBN NxG Lombard Odier Award, as well as the associated projects FBN NxG Entrepreneurship Day and FBN NxG International Summit, are a natural extension of these principles
Created to support innovative initiatives devised by the next generation of family entrepreneurs, the programme is built on the basis of criteria such as innovation, feasibility, sustainability and communication. Lombard Odier, true to its Rethink Everything philosophy and aware of the importance of innovation in a constantly changing world, encourages future leaders of family business to make their own pioneering work a reality
For new perspectives, visit www.lombardodier.com
What is FBN?
The Family Business Network (FBN) is the world’s leading family business organization. ‘By family businesses’ and ‘for family businesses’’, FBN is a safe, shared-learning space for enterprising families to flourish across generations, through the exchange of excellent, innovative and impactful practices
Founded in 1989, it is headquartered in Lausanne, Switzerland. A vibrant community spanning across the world, it brings together over 3,400 business owning families – 11,000 individual members including 4,500 Next-Generation members – in 31 chapters covering 65 countries. FBN organizes annually 750 activities in its chapters, internationally, regionally or locally
For more information on FBN: www.fbn-i.org
