Tuesday, August 5, 2014

TenPoint's Bednar Named NE Ohio Entrepreneur of the Year

EY announces CEO, Richard L. Bednar,
is an EY Entrepreneur Of The Year™ 2014 Award winner in the Northeast Ohio region.
The award recognizes entrepreneurial excellence in the Innovation &Technology Products and Services category

Cleveland, OH, June 26 - EY today announced that CEO Richard L. Bednar of TenPoint Crossbow Technologies, leading manufacturer of precision performance hunting crossbows, received the EY Entrepreneur Of The Year™ 2014 Award in the Innovations & Technology Products and Services category in Northeast Ohio region. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. Bednar's name was selected by an independent panel of judges, and the award was presented at a special gala event at the Cleveland Convention Center on June 26, 2014.

Founded in 1994, TenPoint Crossbow Technologies is an industry leader in the design and manufacturing of technologically advanced hunting crossbows. The company has 43 patents in force focused on trigger, bow assembly, automated loading devices, and specialized crossbow accessory designs. The company remains driven to innovate, which is evidenced by their 20 or so other patents pending or in the works.

"It was a great experience participating in the thorough and professional EY selection process." Bednar said. "While being chosen as one of the nine category winners was a great honor, this is not a one-man show. We have great key people who help me set our direction and carry out our mission, and there are over 75 dedicated employees, in total, that work hard every day to produce our precision crafted crossbows."

Now in its 28th year, the EY program has honored the inspirational leadership of such entrepreneurs as Howard Schultz of Starbucks Coffee Company, Pierre Omidyar of eBay, Inc., and Mindy Grossman of HSN. Recent US national winners include Reid Hoffman and Jeff Weiner of LinkedIn; Hamdi Ulukaya, founder of Chobani; and 2013 winner Hamid Moghadam, CEO and Chairman of Prologis.

As a Northeast Ohio award winner, Bednar is now eligible for consideration for the Entrepreneur of the Year 2014 national program. Award winners in several national categories, as well as the Entrepreneur of the Year National Overall Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 15, 2014. The awards are the culminating event of the EY Strategic Growth Forum®, the nation's most prestigious gathering of high-growth, market-leading companies.

Founded and produced by EY, the Entrepreneur of the Year Awards are sponsored in the United States by the Ewing Marion Kauffman Foundation and SAP America. In Northeast Ohio sponsors include Oswald Companies, PNC, Action Management Services,
Calfee, Halter & Griswold LLP, McDonald Hopkins LLC, SS&G Inc., Vorys, Sater, Seymour and Pease LLP, Benesch, Consolidated Graphics, Empire Valuation Consultants, Inglewood & Associates LLC, Scherzer International and Stout Risius Ross

Company Boilerplate
About EY Entrepreneur Of The Year™

EY Entrepreneur of the Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur of the Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.

About EY's Strategic Growth Markets practice
EY's Strategic Growth Markets (SGM) practices guide leading high-growth companies. Our multidisciplinary teams of elite professionals provide perspective and advice to help our clients accelerate market leadership. SGM delivers assurance, tax, transactions and advisory services to thousands of companies spanning all industries. EY is the undisputed leader in taking companies public, advising key government agencies on the issues impacting high-growth companies and convening the experts who shape the business climate. For more information, please visit us at www.ey.com/us/strategicgrowthmarkets, or follow news on Twitter @EY_Growth.

About EY
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