The Awards are designed to "celebrate entrepreneurship and recognise that it drives the growth of the economy and job and wealth creation".
Mr Hackney won the Turnaround Entrepreneur category in recognition of the growth and progress BSW has achieved since he joined the business from Sonae UK in 2008.
According to the Financial Times, when he arrived at the company it was making a "significant loss". Four years on, it has grown by 60% and in 2011 made a £20m profit on sales of £163m.
Mr Hackney said on his nomination he had initally felt "a bit of an imposter", but then decided it was a privilege.
"I think the word entrepreneur can be misused sometimes," he said. "It is also about making a difference where you are."
He said his success at BSW had been down to a programme of modernisation and "reforming the way home-grown timber is seen in the UK".
"It was perceived as inferior [to international competition], but by raising new technical solutions to problems, we’ve tried to raise the bar," he said.
He added that a promotional stress on timber’s sustainability had also helped.
"A lot of people talk about renewable resources, green projects and their corporate social responsibilities nowadays. Well, if you’re serious about it, use timber."
He also stressed that the success of BSW had not been down to one entrepreneur, but to the entire workforce, who he had striven to empower.
"There’s an underestimation of the ingenuity of a workforce," he told the FT. "There are brilliant people everywhere who pick up and pass things on."
