The Queen's Award for Enterprise: Innovation (Technology) (2006)
The Queen's Award for Enterprise: Innovation (Technology) (2006) represents a specific instance of the Queen's Award for Enterprise, a prestigious award presented annually by the British monarch to businesses and organizations in the United Kingdom. This particular designation denotes that the award was given in the category of "Innovation" with a further specification of "Technology" during the year 2006.
The Queen's Awards for Enterprise are designed to recognize and encourage outstanding achievements in four categories: International Trade, Innovation, Sustainable Development, and Promoting Opportunity (through social mobility). Winning an award in the Innovation category, especially with the "Technology" qualifier, signifies that a company has demonstrated significant and impactful innovation in a technology-related field. This could involve the development of a novel product, service, process, or business model based on technology.
The (2006) suffix clarifies the specific year in which the award was conferred. Receiving this award provides the recipient company with a number of benefits, including the right to use the Queen's Award emblem for five years, a Grant of Appointment, and increased recognition and prestige both domestically and internationally. The award serves as a mark of excellence and a testament to the recipient's commitment to technological advancement.