2023
The King’s Awards FOR ENTERPRISE
The King’s Awards for Enterprise are considered the UK’s most prestigious business awards, designed to acknowledge and encourage outstanding achievements demonstrated by UK businesses. Instituted by Royal Warrant in 1965 and first awarded in 1966, their format has evolved to now encompass four categories: International Trade, Innovation, Sustainable Development and Promoting Opportunity (through social mobility). In the past, individuals have been recognised within the King’s Awards for Enterprise but, as of 2017, this individual award was rested. His Majesty The King makes the awards on the advice of the Prime Minister, who is assisted by an advisory committee, including representatives of Government, industry and commerce, and the trade unions. The King’s Awards for Enterprise are free to enter and you may apply for more than one award. Organisations of any size operating regularly as a business unit in the United Kingdom, the Channel Islands and the Isle of Man and which meet the criteria may enter. The awards are made to businesses as a whole rather than to individuals. Applicants that are unsuccessful receive feedback about their strengths and are offered guidance about how to improve their entry for future. Presentation ceremonies are conducted at each winner’s premises, usually by the Lord-Lieutenant of the County, who is the designated representative of His Majesty The King. The awards consist of a Grant of Appointment and a commemorative crystal bowl. Successful organisations may
fly the King’s Award flag at their principal premises and are entitled to use the emblem on marketing materials – such as on packaging, advertisements, stationery and websites. This information was correct at the time of going to press. For the latest information visit www.gov.uk/kings-awards- for-enterprise THE KING’S AWARDS FOR ENTERPRISE: ELIGIBILITY To apply for the King’s Award for Enterprise your organisation must meet the following minimum criteria: Be based in the UK (including the Channel Islands and the Isle of Man); Have a good, continuous, compliance record with HM Revenue and Customs; Be a self-contained enterprise that markets its own products or services and is under its own management; Have at least two full-time UK employees or part-time equivalents; and Demonstrate strong achievement in environmental, social and governance goals. Each award has additional entry criteria, which can be found at the start of each relevant section in this magazine as well as on the website www.gov.uk/kings- awards-for-enterprise/eligibility
www. kingsawardsmagazine .com
22
Made with FlippingBook Online newsletter maker