CYBERJAYA, Malaysia - Limkokwing University of Creative Technology founder and president Tan Sri Lim Kok Wing (pic) will be conferred the first International Lifetime Achievement Award by the Institute of Enterprise and Entrepreneurs (IOEE) in Britain.
He will be the first international recipient of the award, which is the highest presented by IOEE. The award was originally a national honour in Britain.
Lim will receive the award at the House of Lords in London in October.
The accolade is in recognition of Lim's commitment to entrepreneurship at the global level.
Lim, who has received more than 100 local and international awards, said he was grateful at receiving the prestigious honour.
"I feel flattered that IOEE has considered what I have been doing, largely as a hobby, worthy of this recognition," he told reporters at the university.
Entrepreneurship never was just about business and profits, he said.
"In my mind, business must make a direct contribution to building the community, and not just the economy. Nothing can get better if creativity and innovation do not take place," Lim said.
IOEE Small Enterprise Develop-ment Initiative executive chairman Ruth Lowbridge said the institute decided to present the award to Lim after seeing his "outstanding contribution to enterprise and entrepreneurship".
IOEE is Britain's first and only non-profit professional institute dedicated to enterprise development.