Charity Win Queen's Award for Enterprise
Charity Financial Services, part of the Charities Aid Foundation, is celebrating today (21 April 2007) after winning a Queen’s Award for Enterprise – the UK’s most prestigious annual accolade for business success.
In total, 119 Business Awards are announced this year – 71 for International Trade, 40 for Innovation and 8 for Sustainable Development. As ever, winning companies come from a vast range of business sectors, and range in size from two firms with just three employees to an international giant employing 68,000 people. 49% of this year’s winning firms employ less than 50 people.
Charity Financial Services gains its Innovation Award for the continuous innovation and development of financial services to the voluntary sector. The services include: opportunities for low cost, high interest bank accounts, including on-line facilities with dual authorisation; availability of investment funds, some guaranteeing benefits without risk to capital; access to venture capital based on social investment; outsourced fund-raising administration; workshops on investment and tax efficient fund-raising; access to an advisory panel providing impartial financial advice and provision of free investment guides.
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The deadline for applications for the 2008 Queen’s Awards is 31 October 2007. Winners and recipients will be announced on 21 April 2008.