Content is loading
Skip to main content

Number of growth companies sets new record

The number of Danish growth companies that meet the criteria for Entrepreneur of the Year (EY) – the world’s largest competition for growth companies – has never been higher, and this year Danske Bank is the competition’s new primary partner in Denmark. The many hundred interviews with potential finalists from across Denmark have been completed, and the regional winners will be announced in the next two weeks. The competition will culminate with the national final held on 28 November.

Despite the exacting competition requirements, the number of participating growth companies has increased more than four-fold from 2014 to today, with 2019 again setting a new record. Between 2018 and 2019, however, the increase was a more modest 1%. 

Across Denmark, advisers from Danske Bank and EY have spent many months interviewing the record number of qualified participants, who represent all types of businesses, to decide who should go through to the finals. Taking two hours to conduct, each interview follows a structured plan and focuses on the initiatives taken by the company to grow and looks at how the company reflects upon its strategies and plans. 

Image: Thomas Visti, CEO of 2018 winner, Mobile Industrial Robot (MiR) 

The Oscars of the business community
“There’s of course an element of pizazz about the whole event,” says Thomas Visti, CEO of 2018 winner, Mobile Industrial Robot (MiR) in Odense.

“This is the Oscars of the business community, but it was great to stand on the stage in Copenhagen at the national finals and to represent Denmark at the international finals in Monaco in June – where we came close to winning. A funny spin-off effect has been that other companies are capitalising on the knowhow we’ve built up in Odense, for example, when they’re active in the US. It’s almost a competition of what is biggest – Hans Christian Andersen or robots,” he laughs.

We would like to pay recognition to the great business enterprises that we have in Denmark – enterprises that create value for themselves, their employees and the world around them. Entrepreneur of the Year is a fantastic platform that enables us to show who we are and strengthen our contact to local companies.

Niels Bang-Hansen

Head of Business Banking Denmark, Danske Bank

Facts about EY Entrepreneur of the year

  • The EY Entrepreneur Of The Year competition takes place in more than 60 countries, this year for the 33th time
  • The winner has to present strong economic results but will ultimately be crowned based on an overall accessment of the role of the entrepreneur, values, leadership and societal engagement
  • The strongest participants throughout the country will compete on a regional basis before announcing the national winner in Copenhagen on 28 November 2019
  • Winner in 2018 was Mobile Industrial Robots 2018 A/S

Read more on 
Read more about Danske Bank's solutions for groth companies (Danish)