Deadline: 12 September 2024
The King’s Awards for Enterprise are for outstanding achievement by UK businesses in the categories of:
- innovation
- international trade
- sustainable development
- promoting opportunity through social mobility
What happens if your organisation gets an award?
- If you get an award you’ll be:
- invited to a Royal reception
- presented with the award at your company by one of The King’s representatives, a Lord-Lieutenant
- able to fly The King’s Awards flag at your main office, and use the emblem on your marketing materials (for example, on your packaging, advertisements, stationery and website)
- given a Grant of Appointment (an official certificate) and a commemorative crystal trophy
- The awards are valid for 5 years.
- Organisations that got an award have reported benefiting from:
- worldwide recognition
- increased commercial value
- greater press coverage
- a boost to staff morale
Eligibility
- To apply for the King’s Award for Enterprise your organisation must:
- be based in the UK (including the Channel Islands and the Isle of Man)
- have a good compliance record with HM Revenue and Customs (HMRC) – for example, showing you pay the right amount of tax on time
- be a self-contained enterprise that markets its own products or services and is under its own management
- have at least 2 full-time UK employees or part-time equivalents
- demonstrate strong environmental, social and governance practices
- Your organisation can be a business, non-profit or in the public sector.
- International Trade
- To apply for the International Trade award, you must also:
- have made a minimum of £100,000 in overseas sales in the first year of your entry and show year-on-year growth
- prove that your organisation has achieved outstanding growth in overseas earnings relative to your business size and sector
- prove steep year-on-year growth (without dips) in overseas sales over 3 years – or substantial year-on-year growth (without dips) over 6 years
- To apply for the International Trade award, you must also:
- Innovation
- To apply for the Innovation award, you must also:
- have an innovation that has not been sold before
- have had your innovation available on the market for at least 2 years
- have recovered all the investments made in your innovation or show that the innovation will recover its full costs in future
- show outstanding commercial success as a result of innovation between 2 to 5 years
- Your innovation should be in one of the following categories:
- invention, design or production of goods
- performance of services
- marketing and distribution
- after-sale support of goods or services
- To apply for the Innovation award, you must also:
- Sustainable Development
- To apply for the Sustainable Development award, you must also:
- show how you’ve achieved outstanding sustainable development for more than 2 years
- give evidence of the benefits or positive outcomes of your actions or interventions
- show how your company and its senior leaders pioneer sustainable development in your sector or community
- show how you’ve overcome challenges with sustainability that are specific to your sector
- To apply for the Sustainable Development award, you must also:
- Promoting Opportunity through social mobility
- To apply for this award, your organisation must have a programme that supports people from disadvantaged backgrounds in improving their job skills and their chances of finding work.
- This includes doing one or more of the following, for at least 2 years:
- providing work experience or careers advice
- mentoring
- offering interview and job-related training
- making sure your recruitment process is open to everyone
- You’ll need to prove the benefits for:
- the people you’ve supported
- your organisation
- your employees
- the wider community
For more information, visit Department for Business, Energy & Industrial Strategy.