Criteria... INTERNATIONAL TRADE
The UK has a distinguished history of trading across the globe, and the significance of the economic benefits associated with this were acknowledged by The Queen’s Awards right from the start. In 1966, when the awards were first instigated by HM The Queen, companies would apply to win in the categories of Export, Technology, or a combination of the two. The Export category was re-named in 2000 as International Trade, and has remained as such. This ever-popular category attracts the biggest number of entries and, in 2024, more than 160 companies won an award for their outstanding overseas trading activities. The general eligibility criteria for The King’s Awards can be found on the website https://www.gov.uk/kings-awards-for- enterprise/eligibility.
Included here is a list of the additional criteria specifically for the International Trade award. Your company must:
z Have made a minimum of £100,000 in overseas sales in the first year of your entry, and show year-on-year growth; z Prove that your organisation has achieved outstanding growth in overseas earnings relative to your business size and sector; z Prove steep year-on-year growth (without dips) in overseas sales over three years – or substantial year-on- year growth (without dips) over six years.
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