The British company, which produces top of the range shoes, has seen its business expand despite the difficult economic climate.
Mellon is a member of the New Enterprise Council, a group of entrepreneurs that advise the Conservative Party on policies related to the needs of business.
While our brand has global reach, the roots and heritage of Jimmy Choo are uniquely British
"I am so thrilled to be receiving this great honour and to be recognised in this way. I am grateful to everyone at Jimmy Choo - and our customers around the globe - for helping make our success possible," said Mellon.
"While our brand has global reach, the roots and heritage of Jimmy Choo are uniquely British so I am especially pleased and proud of this honour."
Mellon established Jimmy Choo in 1996 with a £150,000 loan from her father, Tommy Yeardye, who co-founded the Vidal Sassoon hair products empire. While working as accessories editor at Vogue, Ms Mellon met Jimmy Choo, a Malaysian-born cobbler based in Hackney, east London.
Since then, the business has grown rapidly with sales growing around 30% a year on average since 2001 and there are now 115 Jimmy Choo stores worldwide across 39 countries.
