WASHINGTON--(BUSINESS WIRE)--The Minority Business Development Agency (MBDA), U.S. Department of Commerce, proudly announces the National Excellence in Minority Business Award Winners. Recipients will be honored at the Annual Gala held August 28 from 7:00 pm to 10:00 pm at the Omni Shoreham Hotel in Washington, D.C.
“At MBDA, we are creating the foundation for a new generation of $100 million minority-owned businesses,” said MBDA’s National Director, David Hinson. “The minority firms recognized by these awards represent those companies well on their way to achieving this goal. Minority firms have a substantial impact on communities throughout the country with the number of people they employ and the revenues they generate. The minority business community plays a critical role in the recovery and reinvestment of our national economy.”
The National Entrepreneur Award Winners include:
Minority Supplier Distributor of the Year – PetroCard Services, Inc., Kent, WA
PetroCard Services, Inc. started in 1964 in Kent, WA, as a family-owned business offering “cardlock” fueling systems where commercial vehicles could buy fuel 24/7 without having attendants at the pump. Today, PetroCard has annual revenues of $950 million and a diverse product line that includes gasoline, diesel fuel, bio-diesel, heating oil, compressed natural gas, motor oils, lubricants, shop supplies and ancillary products. It sells branded fuels from Exxon Mobil, Conoco, Union 76, Shell, and Gulf, as well as unbranded fuels.
Minority Technology Firm of the Year – PointandShip Software, Inc., Walnut Creek, CA
PointandShip is the only end-to-end shipping solution to offer express, ground, freight and courier services through all major carriers. PointandShip offers full-service Shipping Expense Management Software (SEMS) that gives businesses unrivaled control over their outbound shipping, inbound tracking, billing and reporting capabilities. The company has grown from just a start-up in 1994 to projected annual revenues in excess of $100 million for 2009 and beyond.
Minority Construction Firm of the Year – Rubecon General Contracting, Inc., San Francisco, CA
Rubecon General Contracting, Inc. is a General Contractor and Construction Manager that provides construction services in the immediate San Francisco Bay Area. With a revenue of $17 million and 60 jobs created this past year, Rubecon has maintained a strong commitment to every community they build in. Additionally, when hiring through neighborhood organizations, Rubecon offers entry level careers through apprentice programs.
Manufacturer of the Year – CVE Technology Group, Inc., Plano, TX
CVE Technology Group, Inc. has been serving the consumer products industry for 20 years by processing, repairing, and refurbishing millions of consumer products. The company, which was founded by President Howard Cho in New Jersey in 1986 and specializes in consumer electronics, has accrued annual revenue of $30 million and created more than 1,000 jobs.
Minority Service Firm of the Year – PRWT Services, Inc., Philadelphia, PA
PRWT is a diversified enterprise of pharmaceutical manufacturing and distribution, business processing services, facilities management and other related business. As one of the largest minority-owned businesses headquartered in the Greater Philadelphia Region, PRWT is also the first minority-owned company in America to manufacture application programming interfaces (APIs). PRWT has been ranked in the top 100 minority-owned businesses in America by Black Enterprise magazine for the past nine years.
In addition, the following minority business community champions are recognized for their commitment to creating an environment for minority business growth:
Advocate of the Year – Morehouse College Entrepreneurship Center (MCEC), Atlanta, GA
Morehouse College is the nation’s largest private, independent, liberal arts Historically Black College and University (HBCU) for men and operates the Morehouse College Entrepreneurship Center within the Division of Business Administration and Economics. The MCEC assists with the development of minority entrepreneurs through training, scholarly research and consultative services. Despite the fact that MCEC is independently funded and receives no institutional funding from Morehouse College, the center has generated more than $5.2 million and has maintained an annual revenue increase of 12-14 percent and played an integral role in the success of more than 50 companies.
Distinguished Supplier Diversity Award – Kraft Foods, North Geld, IL
Kraft manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products. Kraft has operations in more than 70 countries and sells products in 150 countries with nine brands with revenues exceeding $1 billion and 50 brands with revenues of at least $100 million. Through its supplier diversity program, Kraft considers the best and widest possible selections of supplier companies by ensuring the inclusion of minority-owned and women-owned suppliers in its purchasing decisions. Kraft’s Supplier Diversity Program is an investment in local communities and the business decision that suppliers are as diverse as the consumers who buy Kraft products.
Access to Capital Award – Birmingham Business Resource Center (BBRC), Birmingham, AL
Since its inception in 1996, the BBRC has been the leading center for small business training, financing and technical assistance for economically disadvantaged, minority and women-owned businesses. The center remains a primary source of small business loans for many minority applicants; over 30% of the financing provided by the BBRC goes to small business concerns involving minority, women and disadvantaged business. Of the $160 million in loans originated by the BBRC since its inception, more than $40 million has gone to minorities, with $10 million of that to applicants for whom credit would have otherwise been unavailable.
Media Award – SuncasTV, Arlington Heights, IL
SuncasTV is an IPTV service provider which supports Internet Protocol TV (IPTV) viewers in the U.S. and globally by offering a wide range of information and entertainment content from around the world. SuncasTV is specialized in providing programming from Asian channels and networks, and works to target IPTV viewers in the U.S. with initial entry in the Asian market by offering content from a variety of Asian countries. SuncasTV averages 10,000 unique visitors per month – visitors come to their network, specifically to watch programs – from start to finish.
About the Minority Business Development Agency (MBDA)
MBDA (mbda.gov), U.S. Department of Commerce, serves minority entrepreneurs across America who are building and growing enterprises. MBDA helps minority-owned firms be better equipped to create jobs, impact local economies and competing successfully in domestic and global marketplaces. With a nationwide network of more than 40 business centers and strategic partners, MBDA assists minority entrepreneurs and business owners with consulting services, contract and financing opportunities, bonding and certification services, building business-to-business alliances and executive training.