The World Confederation of Businesses (WORLDCOB) was founded on September 9, 2004, in the city of Houston, Texas, in the United States of America, under the name of MPBM, Co.

Authorization was requested for the use of the name World Confederation of Businesses as the DBA (trade name) of MPBM Co.[1] WORLDCOB has a governing body consisting of the chairman, vice chairman, and the board of directors, made up of a multi-disciplinary team of professionals of different nationalities, all with experience in the field of business consultancy and advisory.

[5] The Bizz Awards ceremony was hosted in Houston in 2005, New York City in 2006, Punta Cana in 2007, Panama City in 2008, Cuzco, Peru in 2009,[6] Houston again in 2010, Rome in 2011,[7] and in the Bahamas in 2012, as well as in Dubai, Los Cabos and Paris in 2013,[8] Abu Dhabi, Hawaii, Venice in 2014,[9][10] Muscat, Las Vegas, Athens in 2015,[11] Marrakesh, Washington D.C. and Monte Carlo in 2016,[9][12] Dubai, St. Thomas and Bucharest in 2017,[13] Hong Kong, Miami Beach and Prague in 2018.

[14] The award takes place in three different cities each year, one for the Europe, one for Americas, and the one for the region of Asia, Middle East and Africa.

The fair was called the ExpoBizz business forum.Since 2011 the organization has also been the certifying body for the WORLDCOB certification in corporate social responsibility WORLDCOB-CSR.