Buckingham Palace Reception for the Queen's Awards 2012
The Queen’s Awards for Enterprise and
The Queen’s Award for Enterprise Promotion
The Awards consist of a business Award (The Queen’s Awards for Enterprise) with three separate categories: International Trade, Innovation, and Sustainable Development; and an Award for individuals: The Queen’s Award for Enterprise Promotion. The objective of the scheme is to encourage and reward outstanding achievement by UK based companies and individuals.
A total of 209 business Awards have been announced this year from a total of 862 entrants:
International Trade (423 entrants, 151 winners)
Innovation: (311 entrants, 50 winners)
Sustainable Development (128 entrants, 8 winners)
Eleven individuals have received The Queen’s Award for Enterprise Promotion for their inspiring efforts to encourage UK entrepreneurship.
There was an increase in the number of applications received this year over last year, and the business success rate was the highest we have ever seen at just over 24%, reflecting the increased quality of entries in the Queen’s Diamond Jubilee year.
The winning companies cover a vast range of business sectors including design, building and construction, transport, electronics and technology, manufacturing and engineering, finance, medical and pharmaceuticals, food and drink, oil and gas, metals, plastics and packaging, safety equipment, printing, recycling and more.
Winners of The Queen’s Awards for Enterprise enjoy widespread respect from their peers, a company visit by a Royal representative to present a crystal bowl and a grant of appointment, and a special reception at Buckingham Palace in November. They may use The Queen’s Award Emblem for five years as a symbol of their quality and success.
Winners each year are announced on the Queen’s birthday, 21 April.
In a survey of business winners in 2011:
76% reported the win had brought added commercial value to their business
73% reported a boost to staff engagement
61% felt that applying for a Queen's Award was a useful process to benchmark the progress of their business
55% reported the win had delivered new business opportunities
49% of winners achieved increased recognition overseas
PHOTO: Michael David BIS Digital © 2012