Dr. Toftoy was a 1999 National Entrepreneur of the Year award recipient. He was judged by Ernst & Young as one of the top three Entrepreneurs (supporter category) in the Nation. Earlier in 1999, Toftoy was judged as a Greater Washington Entrepreneur of the Year. He has been elevated to the Entrepreneur of the Year Hall of Fame as a lifetime member.

Charles N. Toftoy is the Director of the Entrepreneurship/Small Business Program and Faculty Coordinator for the Cooperative Education Program at George Washington University (GWU). He teaches full-time in the areas of entrepreneurship and small business in GWU's School of Business and Public Management (SBPM). Dr. Toftoy has extensive business experience: Raytheon Service Company, General Manager; Lear Siegler, Inc., Director of Marketing; PATCH Associates, President, and others. He has worked in large, medium, and small businesses. Toftoy is a highly decorated (wounded twice) U.S. Army Vietnam veteran.

Toftoy has provided practical, hands-on management assistance to over 1,500 small-mid sized enterprises in the Greater Washington, DC area. He has conducted global programs for business people in Eastern Europe, South America, and other developing countries. He appears on Channel - 20 TV, Channel - 8 TV, and many other TV and radio stations. Toftoy is heard on Voice of America throughout 32 countries in Europe. In 1999, he was selected as one of the Entrepreneurs in the United States to be interviewed for a national radio show: "Entrepreneurs/Tour of America - Living the American Dream". He has written regular columns on small business for the Washington Business Journal, consults to The Washington Post and writes for many entrepreneurial magazines and journals.

He was selected as a finalist in Ernst & Young's "Entrepreneur of the Year" (Greater Washington) in 1997. Dr. Toftoy has led the way for SBPM's entrepreneurship/small business program having been recognized by the United States Association of Small Business and Entrepreneurship for the following awards: Best Entrepreneurial Program (in the USA), 1996 at MBA level; Best Entrepreneurial Program (in the USA), 1998 and 2000 at the undergraduate level - one of three finalists; Education Pedagogy Award for Outstanding Contributions (best innovation in the classroom) to the Teaching of Entrepreneurship, 1998. Dr. Toftoy won the Graduate Teaching Award (Fall 1999-Spring 2000) - selected by graduate student body. He has won the annual Undergraduate Teaching Award (selected by students) five times and has been nominated for it every year since 1992. Success Magazine has listed SBPM at GWU as one of the top 25 business schools for Entrepreneurs. He was Bloomingdale's 1999 Man/Woman of the Year first runner-up in competition with 18 other local leading business leader nominees.

His Doctorate is in Strategic Planning and he was awarded an MBA from Tulane University, received his BS in Engineering from West Point. Currently Dr. Toftoy is on the Board of Directors of the Restaurant Association Metropolitan Washington and several other Boards of profit and non-profit companies. He is a member of the Greater Washington Board of Trade, DC Chamber of Commerce, International Council for Small Business, the Private Industry Council, Entrepreneur of the Year Institute, and others. Toftoy is on the Executive Committee of the Academy of Management. He is on the Board of the United States Association of Small Business and Entrepreneurship (Senior VP - Professional Services and Chair - Entrepreneurship Education Division).