U.K. labels trade body the BPI will this Wednesday host a special networking event gathering more than 40 young music industry entrepreneurs and executives.

The Rt Hon Margaret Hodge, member of parliament and minister for the creative industries at the department for culture, media & sport, will also attend the event, entitled "Back Stage Pass."

The entrepreneurs are selected from youth groups from across the U.K. who are connected to "Make Your Mark," a national campaign to create an enterprise culture in the U.K.

"It's notoriously difficult to get a foot in the door of the music industry," comments Hodge in a statement. "It's therefore essential that budding young music entrepreneurs get to mix with seasoned professionals at an early stage. And of course," she adds, "the music industry needs new blood so this is a great opportunity for both sides to get together."

BPI CEO Geoff Taylor says the initiative is all about injecting "energy, talent and passion" into the industry.

"Back Stage Pass" will occur during the 12-18 November "Enterprise Week," a celebration of enterprise across the U.K. which last year involved more than 3,000 events and 448,000 participants.

The event is held in partnership with "Make Your Mark in Creative Industries," a strand of the government-backed and business-led coalition that runs "Enterprise Week."