And the SBA Minority Small Business Person of the Year went to Justin Pelayo, president of AmeriCom Automation Services Inc. Justin and Traci Pelayo started AmeriCom in 1997 as a fiber optic services company. It has 100 employees and provides equipment and services for voice and data communications, security systems and video teleconferencing. The company is based in Las Cruces and has offices in Denver; San Antonio; Dallas; Corpus Christi, Texas; Miami; and Yuma, Ariz.The MBDA Minority Construction Firm of the Year award went to Saigan Construction. It was founded in 2005 and is an American Indian-owned general contractor based in Corrales. The firm does design-build, construction management and waste water management. It now has 32 employees and $9.4 million in revenue. The MBDA Minority Retail Energy Firm of the Year award went to Source Technologies LLC, which specializes in converting renewable energy sources and nonconventional fuels into heat and power systems. The company is based in Albuquerque. The MBDA Minority Business Advocate of the Year award went to Francisco Tapia, director of small business programs with the U.S. Air Force Research Laboratory. Tapia has helped increase the contracting opportunities for small businesses at Kirtland Air Force Base by holding open houses and networking events for companies interested in contracting. The MBDA Access to Capital award recipient was The Loan Fund, the nonprofit microlender started in 1989 by the New Mexico Conference of Churches. It has loaned $43 million to nonprofits and businesses, with a 98 percent repayment rate. The Loan Fund also received the national MBDA Access to Capital Award this year. The MBDA Minority Business Media Advocate award went to Michael Murphy, editor of the Business Outlook at the Albuquerque Journal. Copyright 2011 American City Business Journals http://www.bizjournals.com/albuquerque/news/2011/10/21/med-week-awards-recognize-top-minority.html?ana=thestreet
By New Mexico Business Weekly will leave Iraq by the end of the year and said the country needs to be ready to put veterans to work and support them in their entrepreneurial endeavors. Obamaâ¿¿s Jobs Act has a component supporting veterans, he noted. The U.S. Small Business Administrationâ¿¿s New Mexico office gave two awards at the event. Wells Fargo Bank took the award for Top 7(a) Lender, which it has won 12 times in the past 13 years, said John Woosley, SBA district director. The bank originated 36 loans in New Mexico totaling nearly $16 million.