The award, which celebrates ambitious
entrepreneurs who are shaping the future, recognizes MPOWER
Financing's role in promoting access to education for talented
students worldwide
WASHINGTON, April 25,
2024 /PRNewswire/ -- Ernst & Young LLP (EY US)
announced this week that Emmanuel (Manu)
Smadja, CEO and co-founder of MPOWER
Financing, was named an Entrepreneur Of The Year®
2024 Mid-Atlantic Award finalist.
This award is a recognition of the impact
the whole team at MPOWER is having by democratizing access to
education.
Entrepreneur Of The Year is the preeminent competitive business
award for leaders who disrupt markets, revolutionize sectors and
have a transformational impact on lives. Smadja was one of 30
regional entrepreneurs selected as a finalist based on his
demonstration of building long-term value through entrepreneurial
spirit, purpose, growth and impact, among other core contributions
and attributes.
"It's an honor to be recognized alongside 29 other visionary
finalists for Entrepreneur of the Year," said Smadja. "Since
founding MPOWER Financing 10 years ago, our team has worked
tirelessly to create a world where access to education is
borderless. I think of this award as a recognition of the impact
the whole team at MPOWER is having by democratizing access to
education."
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 from 163 countries 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.
"Our graduates are citizens of the world," said Smadja. "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."
Entrepreneur Of The Year is founded and produced by Ernst &
Young LLP, and honors business leaders for their ingenuity, courage
and entrepreneurial spirit. Over the past four decades, the program
has recognized entrepreneurs with big ideas and bold actions that
reshape our world. The Mid-Atlantic program celebrates
entrepreneurs from Maryland,
Virginia and Washington, D.C. Regional award winners will
be announced on June 20.
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 U.S., 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 U.S. 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 U.K. 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