PERCHED ABOVE the sparkling blue waters of the Cote d’Azur, the tiny principality of Monaco is playing host to some of the biggest names in business this week with James Lambert flying the flag for Yorkshire and the UK in the EY World Entrepreneur of the Year awards.
Entrepreneurs from more than 50 countries representing companies with revenues of $32bn are competing for the coveted title.
The surroundings might be glamorous, but the entrepreneurs will be working hard to impress the independent panel of international business leaders who will decide this year’s winner.
Their decision will be announced on Saturday night at a glittering ceremony at the Salle des Etoiles.
Mr Lambert, the chairman of R&R Ice Cream, told The Yorkshire Post that it felt “very humbling” to be in the competition.
He is in the running for the world title after winning the northern and national titles last year.
Events are taking place throughout the week at famous venues such as Hotel Hermitage, nightclub Jimmy’z and the Casino de Monte-Carlo.
But away from the glitz, new research highlighted the important role played by entrepreneurs in creating jobs around the world.
EY said 76 per cent of the world’s top entrepreneurs plan to increase the size of their workforce in the year ahead by an average of 19 per cent.