By Claire West

The Government will demonstrate its commitment to promoting a culture of enterprise today when Business Secretary Vince Cable presents this year’s Queen’s Award for Enterprise Promotion. A reception at Buckingham Palace will follow.

The Government wants to make this decade the most entrepreneurial and dynamic in our history. This will be achieved by challenging aspirations, embedding enterprise awareness into mainstream education and mentoring future entrepreneurs.

The Queen’s Award for Enterprise Promotion rewards people who have played an outstanding and significant role in promoting the growth of business enterprise and entrepreneurial skills and attitudes in others — for example amongst young people or those in disadvantaged groups.

Business Secretary Vince Cable said: 'Celebrating our enterprising and innovative business culture is a wonderful way to highlight the exciting place entrepreneurship has in Britain today'

'The success of these people and their commitment to promoting enterprise and innovation is laudable. I warmly congratulate all the recipients and I look forward to meeting them in person. I want to see a whole new generation of entrepreneurs and would strongly encourage nominations for next year’s Queen’s Awards'.

Anyone who has helped individuals to develop entrepreneurial approaches and achievements with a view to starting or building a business can be nominated for the Queen’s Award for Enterprise Promotion. These activities can be at both a national or local level.

Recipients will receive an engraved chalice and a Grant of Appointment that outlines why the Award has been given.

Business Secretary Vince Cable will present these before he, the recipients, their nominators and guests make their way to Buckingham Palace for a prestigious reception. Representatives from each winning business will also be attending the reception.

In addition to the Queen's Award for Enterprise Promotion, there are three awards for outstanding achievement by businesses in Innovation, International Trade and Sustainable Development.

The awards are made annually by HM The Queen, and are only given for the highest levels of excellence demonstrated in each category. They are judged to a demanding level and winners receive a number of benefits and worldwide recognition.

This year’s Lifetime Achievement Award will be presented to Mr Douglas Scott, Chief Executive Officer, TEDCO Ltd, Jarrow, Tyne and Wear. Mr Scott will receive the award for his work in promoting enterprise at both local and national levels in economically disadvantaged areas.

Mr Scott has developed an award winning community enterprise coaching model, and encouraged enterprise within education projects. He is deputy chairman of the National Federation of Enterprise Agencies and serves on the board of UK Business Incubation.

Previous winners have come from a diverse selection of business sectors, including large and small businesses.

The application period for The Queen’s Awards for Enterprise 2011 opens on 19 July 2010.

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