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 10 years of successful entrepreneurial stories, the Award fosters a community of young NxG entrepreneurs within the global network.

Join the 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. The main event of the Community of NxG Entrepreneurs: The FBN NxG Entrepreneurs’ Day is held in late November.

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