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Wallenstam initiates collaboration regarding Foreign-born Entrepreneur of the Year award

Published 4/21/2022

Wallenstam has initiated collaboration with the Internationella Företagare i Sverige Foundation, IFS, which awards the Foreign-born Entrepreneur of the Year prize annually. Since 1996, IFS has supported entrepreneurs and business owners with a foreign background in starting, running and developing companies. The foundation also strives to secure favorable conditions for enterprise and initiates activities to create networks among business owners with a foreign background and companies and organisations in Sweden.

The Foreign-born Entrepreneur of the Year award - one of Sweden's most prestigious prizes for business owners with a foreign background has been awarded since 1999 and H.M. King Carl XVI Gustaf is the patron of the prize. The contest is conducted at a regional and national level. A nomination committee in five regions and a national committee evaluates business owners with a foreign background according to the criteria entrepreneurial spirit, economic development, strategic focus, impact on the surrounding world, personal influence and innovation.

"It is very gratifying to have Wallenstam as a new partner and their support in order to highlight capable entrepreneurs with a foreign background (Foreign-born entrepreneurs). Through the Foreign-born Entrepreneur of the Year award, we honor role models and show their value for Sweden," says Rafael Bermejo, Founder & President of the IFS Foundation and H.M. King Carl XVI Gustaf's Foreign-born Entrepreneur of the Year prize.

"We think that it is important that there are good conditions for all types of enterprise in Sweden. The Foreign-born Entrepreneur of the Year award helps to recognise good role models and to support business owners with a foreign background to achieve success and create growth," says Karin Mizgalski, Sustainability Manager at Wallenstam.

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