The EY NextGen Academy concept

To succeed for generations, family businesses need an entrepreneurial spirit that enables the pioneering mind-set and values that established the business to flourish. It must also create future opportunities to deliver innovation and financial and social value. With the EY NextGen Academy, we have established a range of unique and exclusive one-week training events that help the next generation to explore their potential and introduce them to the challenges of running a family business. The program combines knowledge from leading international executive business schools with practical experience and advice from EY. This incomparable combination offers a unique opportunity to benefit personally from the experience of exceptional business personalities and peers from around the world. The highly enjoyable activities give young adults the chance to pursue their interests and give voice to their own needs for the future. Now in its ninth year and counting over 600 alumni from 58 different countries, the NextGen Academy was created to offer young people from family businesses the chance to explore how exciting, interesting and varied the entrepreneurial course can be.

Taking the various interests and development needs of different age groups into account, the program runs a three-tier approach:

EY NextGen Academy First Program - discover your potential
Our First Program offers 18- to 22-year-olds in entrepreneurial business families the opportunity to discover their personal assets and interests; find out how to implement and complete a corporate initiative; get an introduction into the special characteristics associated with their family businesses; and explore their strengths, weaknesses and business potential.

EY NextGen Academy Advanced Program - develop your talent
Our Advanced Program offers 22- to 27-year-olds in family businesses the opportunity to build on their business acumen and entrepreneurial talents. In addition, they will acquire insights related to family business from an ownership perspective. Participants will have already acquired sound knowledge in their field of study and have been introduced to a professional working environment, so this program will give them the chance to recognize and apply practical options and global leading practices to their operation within their family business, outside of their family ownership, or both. University professors and a team of EY professionals can help them to accelerate their potential by building on their strengths, talents and interests.

EY NextGen Academy Excellence Program - turn innovation into value
Our Excellence Program offers 27- to 35-year-old family business leaders the opportunity to learn how to create value innovation while following sound governance. Participants will engage in open dialogue with exceptional entrepreneurs, benefit from the latest research and teaching excellence of academics, and share the practical experience of EY professionals. Through stimulating topics and in-depth discussions with peers and experts from around the world, they will address the quest for innovative approaches, personal vision creation and problem-solving strategies.