news & events
Queen’s Award for Enterprise Promotion
Press Release
Monday 21 April 2008
Paul Barry-Walsh receives Queen’s Award for Enterprise Promotion
In the fourth year of these prestigious awards we are delighted to announce that Chairman and Founder of Fredericks Foundation, and major shareholder in Purpose Software, Paul Barry-Walsh, is a recipient of The Queen's Award for Enterprise Promotion.
The Queen's Award for Enterprise Promotion (QAEP) is an Award for individuals who have played an outstanding and significant role in promoting the growth of business enterprise and entrepreneurial skills and attitudes in others.
Of the 10 recipients Prime Minister Gordon Brown said: "Each of them has played a vital role in helping unlock Britain's entrepreneurial talent. They have given their time and energy to equip others with the skills, knowledge and attitude to succeed as entrepreneurs. I applaud and admire their efforts."
“Whilst I haven’t undertaken the work of Fredericks in search of a ‘thank you’, it is really very special when one comes,” said Paul Barry-Walsh.
Fredericks Foundation helps disadvantaged people to develop business confidence, realise their potential and contribute to society economically. The charity’s mission is to provide critical business support and services to those with nobody else to turn to when starting their own businesses.
With practical and proven solutions Fredericks Foundation is geared to help convert creative ideas into working business plans. To date Fredericks has started more than 500 businesses. Small test marketing grants help clients to evaluate their business ideas, followed by ‘micro funding’ in the form of business loans at low rates of interest. The Foundation offers all the support required through the key implementation stages for up to three years. It is crucial that businesses are sustainable both for the individual entrepreneurs and for the recycling of Fredericks Foundation capital funds.
As the Social Justice Policy Group said in Breakthrough Britain – ‘The only way out of poverty is through work’.
ends
Contact details:
Fredericks Foundation
Tel: 01276 472722
Fax: 01276 472005
www.fredericksfoundation.org
