The Award was instituted on the occasion of the 22nd anniversary of the founding of the United States Association for Small Business and Entrepreneurship (USASBE).  This award is presented in recognition of a lifetime in entrepreneurial achievement that encompasses the ideals of entrepreneurial activity – through new venturing, corporate venturing, or social venturing.  Eligibility extends to both those who have pursued a lifetime of successful venture creation as well as those whose life’s pursuits supported and advocated entrepreneurial ideals.