Moneysupermarket founder named Entrepreneur of the Year

Moneysupermarket.com founder Simon Nixon has been named Entrepreneur of the Year at the National Business Awards 2003.

Described by Gordon Brown as the “Business Oscars” , the awards were sponsored by Orange and held at London&#39s Grosvenor House Hotel this week.

On top of chief executive Nixon scooping the much coveted Entrepreneur of the Year Award , the group also won the Growth Strategy of the Year award.

Beating off stiff competition before an audience of more than 1,200 business leaders and VIPs to win two of 24 awards, Nixon is the driving force behind moneysupermarket.com, created in 1999, and insuresupermarket.com, created in May 2003.

Most recently he has been the brains behind the flight comparison website travelsupermarket.com and he also established the intermediary arm of the business, Mortgage 2000 Financial Group, in 1994, which includes several subsidiary companies and their mortgage sourcing system Encore.

The company has a projected turnover of £40m this year and employs over 200 people.

Nixon says: “This is a fantastic achievement for the company and is a true reflection of the hard work and dedication from the company&#39s team of staff.

“It is an organic company that will continue to grow and prosper, and look forward to announcing many more exciting ventures in 2004.

“Moneysupermarket.com Financial Group will carry on striving for further achievements into the future to ensure our reputation and stature in the marketplace continues to grow.”