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New iAwards will help to promote entrepreneurship pin the workplace

07 Sep 2009

Science and Innovation Minister Lord Drayson and entrepreneur James Caan called on the UK’s best innovators to put themselves forward for the iawards -  the first ever Government backed-awards to celebrate achievements in science, innovation and technology - to get the recognition they deserve.

Their call to action comes as a new survey shows that businesses believe British innovators are unsung heroes whose contribution to making Britain a better place to live and work often goes unnoticed.

The survey, commissioned by the Department for Business Innovation & Skills, reveals that more than nine in ten business leaders agreed that giving employees recognition will drive entrepreneurship in the workplace.

The survey also found:

  • 43% of senior executives surveyed across the UK believe that UK organisations are good at supporting innovative business areas and ideas.
  • 63% feel that open communication to discuss new ideas will encourage greater innovation from their employees;
  • 43% per cent would consider implementing innovation sessions; and
  • 36% would offer cash or stock option incentives.

To read more about the iAwards visit: http://www.bis.gov.uk/iawards-will-promote-innovation-in-british-business-2



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