Large award by Thatcher Foundation

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The Independent Online
The first major award by the Thatcher Foundation - the body created by the former prime minister to foster her enterprise ideal - will help young businessmen and women from eastern Europe learn from western management and market economies, writes Patricia Wynn Davies.

George Soros - the Hungarian fund manager who made pounds 1bn on Black Wednesday - is among those who will help put Enterprise Europe, the training placement programme awarded pounds 30,000 by the foundation, in touch with candidates for one-month placements in small UK businesses.

Enterprise Europe is seeking to place 10 entrepreneurs from Hungary, Poland, the Czech Republic and Slovakia. Previous awards by the foundation, reputed to have amassed several million pounds, have been small individual ones.

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