At the top of their game: competent and creative, these entrepreneurs are small businesses' elite.Many say small business is the backbone of the U.S. economy. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Small Business Administration, these operations collectively employ more than half of all private sector employees, pay 44.5% of total U.S. private payroll and generate 60% to 80% of net new jobs annually. Each year, BLACK ENTERPRISE honors the leading small businesses and the visionaries who drive them with the BE Small Business Awards. The winner s will be announced at the ninth annual Black Enterprise/General Motors Entrepreneuers Conference, May 12-16, at the Wyndham Anatole hotel in Dallas. EMERGING COMPANY OF THE YEAR NOMINEES This award recognizes businesses that have poised themselves for future growth by carving out a special business niche or by adopting creative marketing techniques. ZKD Inc. TYPE OF BUSINESS Staffing solutions, security management, language services PRESIDENT/CEO Zachary K. Duck LOCATION Arlington, VA Everyone knows the saying "Jack of all trades, master of none "Jack of all trades, master of none" is a figure of speech used in reference to a person who is competent with many skills but is not outstanding in any one. The full phrase is "Jack of all trades, master of none, though ofttimes better than master of one. ." That could be the outcome of wearing too many professional hats. But ZKD Inc. is an exception with its multiservice approach. As a staffing agency, ZKD analyzes current labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience trends and matches qualified applicants with employment opportunities. After 9-11, the company doubled its efforts to provide security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the to meet increased demand. ZKD also offers a comprehensive communications service. Founded in 2001 with only two employees, the company has had solid growth. There are now more than 250 employees and revenues totaled more than $10 million in 2003.ZKD has a growing roster of clients, including the Transportation Security Administration and McNeil technologies. In January, ZKD was awarded a five-year, $53.7 million contract from the Department of Defense. In addition, the company has already solidified $34.5 million in contracts for 2004 with another $13 million expected. Integrated Resource Technologies Inc. TYPE OF BUSINESS Management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects PRESIDENT/CEO Faye Fields LOCATION Falls Church Falls Church, independent city (1990 pop. 9,578), NE Va., a residential suburb of Washington, D.C.; inc. as a town 1875, as a city 1948. There is diverse light manufacturing, including telecommunications equipment. , VA The company's corporate motto is "Innovative Solutions--Excellent Results," and that's exactly what this firm gets every time. What else would you expect from a company that guarantees its services? Founded in 1986, IRT IRT Item Response Theory IRT In Regard To IRT Incident Response Team IRT In Reference To IRT In Regards To IRT Icing Research Tunnel (wind tunnel) IRT Interborough Rapid Transit has more than I00 employees, 19 locations nationwide, and is 8(a) certified, serving federal, commercial, and nonprofit clients. The company can count the Missile Defense Missile defence is an air defence system, weapon program, or technology involved in the detection, tracking, interception and destruction of attacking missiles. Originally conceived as a defence against nuclear-armed ICBMs, its application has broadened to include shorter-ranged Agency, the D.C. Chamber of Commerce, the U.S. Department of Energy, and the U.S. Marine Corp. among its clients. The company pulled in $9.8 million in revenues last year, more than a 40% increase from 2002. Its services are broken into two areas: management support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services and information services See Information Systems. . The management support division emphasizes planning, marketing, and business development while the company's information services include LAN/WAN LAN/WAN Local Area Network/Wide Area Network installation and management; hardware and software testing Software testing is the process used to measure the quality of developed computer software. Usually, quality is constrained to such topics as correctness, completeness, security, but can also include more technical requirements as described under the ISO standard ISO 9126, such , evaluation, and installation; and help desk services. IRT has been awarded contracts totaling some $43 million. Anthony Underwood Automotive TYPE OF BUSINESS Automobile dealer PRESIDENT/CEO Anthony Underwood LOCATION Bessemer, AL Anthony Underwood challenges the ruthless car salesman stereotype; his customers say they don't come any better than him. Underwood owns two successful dealerships that sell previously owned cars. He opened his first dealership in 1994, leasing space from another car dealer. In about a year's time Ire was successful enough to buy and renovate a building for his new dealership. He opened for business with five cars. Less than 10 years later, Underwood was able to open his second dealership. He bought the business where he got his first job as a car salesman more than 20 years prior. This time, he had a $2.5 million inventory or vehicles on the lot. Underwood employs 35 people and sells between 80 and 100 cars a month, fast year, he sold 1,400 vehicles and brought in revenues of more than $10 million, and he's the first minority dealer in the U.S. to be named National Quality Dealer of the Year by the National Independent Automobile Dealers Association. BUSINESS INNOVATOR OF THE YEAR NOMINEES This award recognizes companies that have set trends and broken new ground in a particular industry. RolloverSystems Inc. TYPE OF BUSINESS Financial service software provider PRESIDENT/CEO Reggie Bowser Bowser may mean:
LOCATION Charlotte, NC For Reggie Bowser, necessity was definitely the mother of invention. Having worked as a chief marketing officer charged with developing strategies to capture rollover IRA Rollover IRA A traditional individual retirement account holding money from a qualified plan or 403(b) plan. These assets, as long as they are not mixed with other contributions, can later be rolled over to another qualified plan or 403(b) plan. Also known as a conduit IRA. customers, and also as vice president of marketing at a lending restitution, Bowser saw firsthand the hassles most people went through trying to transfer their corporate retirement savings from one vehicle to another. Bowser's product, RolloverMarket, is a software program that helps individuals transfer their retirement savings into a tax-deferred IRA Ira, in the Bible Ira (ī`rə), in the Bible. 1 Chief officer of David. 2, 3 Two of David's guard. IRA, abbreviation IRA. upon changing jobs. The software is just over a year old, but Bowser has already realized e 137% jump in revenues; he'd projected 2003 revenues of about $2 million. The market is growing so fast that, for 2004, he's projecting a 150% jump in revenues compared to last year. "All the financial institutions have responded very positively to what Rollover A graphic element in an application or on a Web page that changes its color or shape when the pointer is moved (rolled) over it. See JavaScript rollover. See also n-key rollover. Systems does," he says. Currently, Bowser has one office and 15 employees, but he has plans to open sales offices on the East and West Coasts this year. Rideau Vineyard TYPE OF BUSINESS Winery and Tasting Room PRESIDENT/CEO Iris Rideau LOCATION Santa Barbara Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. , CA Most of us retire to stop working, but not Iris Rideau. In 30 years, she owned three companies. Now she owns Rideau Vineyard, which she launched in 1997. Two years prior to launching her vineyard, Rideau had to build it. She purchased 25 acres of land, complete with a historic, landmark 19th century farmhouse, and hired a consultant to help her develop it. The 15-acre vineyard has eight fulltime employees and annually produces about 6,500 cases of wine (some 78,000 bottles). And along with maintaining her vineyard, she runs a tasting room. Rideau Vineyard's revenues broke the $1 million mark in 2002, end last year, it brought in $1.5 million. Rideau has won several awards for her premium wines and has been written about in Wine Spectator Wine Spectator is a lifestyle magazine that focuses on wine. Founded as a newsprint tabloid by Bob Morrisey in 1976, it was purchased three years later by publisher Marvin R. Shanken. In 2005, paid circulation was over 382,000 and the magazine reached an estimated 2. magazine. Competition is thick in Santa Barbara, where Rideau Vineyards is based: More than 60 other vine yards and wineries share the same general location. But Rideau sets her winery apart by offering tasty Creole cuisine at her tastings. Orthopedic Sciences Inc. TYPE OF BUSINESS Medical device manufacturing PRESIDENT/CEO James K. Brannon, M.D. LOCATION LOS Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. OSI (1) (Open System Interconnection) An ISO standard for worldwide communications that defines a framework for implementing protocols in seven layers. Control is passed from one layer to the next, starting at the application layer in one station, proceeding to the is making strides in the medical world thanks to the inventions of one man. James Bran non is a board certified board certified, adj the status of a dental specialist such as an orthodontist who has become a board diplomate by successfully completing the certification program of the recognized certification board in that area of practice. , practicing orthopedic surgeon who has invented three patented, FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. approved devices that help treat patients with musculoskeletal musculoskeletal /mus·cu·lo·skel·e·tal/ (-skel´e-t'l) pertaining to or comprising the skeleton and muscles. mus·cu·lo·skel·e·tal adj. Relating to or involving the muscles and the skeleton. conditions: the Bone Tool, the Hip Tool, and the OT-A. Instead of starting a company to produce a product, Brannon started OSI with a product already in hand. The Bone Toot introduced a minimally invasive bone grafting Bone Grafting Definition Bone grafting is a surgical procedure by which new bone or a replacement material is placed into spaces between or around broken bone (fractures) or holes in bone (defects) to aid in healing. technique to the medical world, but he needed a vehicle through which to market it. Soon to follow was the Hip Tool, which is designed to prevent or delay hip replacement, and the OT-A, a device that facilitates bone marrow extraction, will be introduced to the market this year. Brannon started OSI in 1999 and its revenues have doubled every year since. The 5-year-old company produced revenues of over $1.2 million last year, It also entered into a national distribution agreement to manufacture the Bone Tool for Stryker Corp. (NYSE NYSE See: New York Stock Exchange : SYK SYK So You Know SYK Saiyuki (anime) ). RISING STAR NOMINEES This award recognizes individuals, aged 21-35, whose outstanding skills, professionalism, and perseverance have established them as future business leaders. Latham Entertainment TYPE OF BUSINESS Event coordination and promotion PRINCIPALS Walter Latham LOCATION Greensboro, NC Walter Latham's business makes people laugh. And as a promoter of comedy shows and comic talent, such as Chris Tucker Christopher Tucker (born August 31, 1972) is an American actor and comedian. Biography Early life Tucker was born in Atlanta, Georgia to Mary, who was involved in church work, and Norris Tucker, who owned a janitorial service. , Martin Lawrence, Steve Harvey, and Cedric the Entertainer Cedric the Entertainer (born Cedric Antonio Kyles on April 24, 1964) is an American actor and comedian. Biography Personal life n 1992, he made his first TV appearance on It's Showtime at the Apollo. , that's exactly what he wants it to do. Latham, 33, entered the spotlight in 1997 when he produced the stand-up comedy showcase The Kings of Comedy featuring Steve Harvey, Cedric the Entertainer, Bernie Mac, and later, D. L. Hughley Darryl Lynn "D. L." Hughley (born March 6, 1963 in Los Angeles, California) is an American actor, stand-up comedian, and star of the television sitcom The Hughleys, which ran from 1998 to 2002 on ABC and then on UPN.D.L. was the second of four children. . Though he started his comedy promotions company more than 10 years ago, The Kings of Comedy, which was eventually repackaged into a motion picture, was his first big success. Soon to follow was The Queens of Comedy tour and motion picture featuring Laura Hayes, Adele Givens, Sommore, and Mo'Nique, as well as other acclaimed comedy and comedy music showcases. Having generated $15 million in revenues in 2003, Latham's business is showing no signs of slowing down. He most recently extended his partnership with Paramount Pictures and created a new label, Latham Entertainment Media, under which he plans to coproduce a motion picture with Sean "P. Diddy" Combs. ITS Express TYPE OF BUSINESS Air courier PRESIDENT/CEO Ricardo Reyes LOCATION Long Island City, NY Ricardo Reyes' firm can deliver anything--from one local letter to tens of thousands of pounds internationally--and it does so for the entertainment, legal, pharmaceutical, banking, and advertising industries. Having held almost every position from driver to director of sales in his more than 16 years in the courier business, 34-year-old Raves has the experience to back it up. In four years, Reyes has grown his company from a one-man operation that generated $330,000 in its first year in business to a global network of affiliates that pulled in $3.3 million in revenues last year. The events of 9-11 were a major setback to his business, but Raves faced the challenge head-on. His staff underwent intensive training in the newly implemented security procedures, and as international trade declined, Reyes concentrated on the domestic market. Eighty-five percent of the company's business used to be in the international market; it now operates equally in the domestic and international markets. ITS is also the official courier of the American Black Film Festival. Gene Network Services TYPE OF BUSINESS Medical technology PRESIDENT/CEO Colin Hill LOCATION Ithaca, NY Colin Hill has created a place for medicine and technology to meet. His company, Gene Network Services, takes biological and chemical data and turns it into computer models of human cells and organs. Those models help pharmaceutical companies design and create drugs, understand and forecast how their drugs will work, and help get the drugs to the market faster and less expensively. GNS GNS GEOnet Names Server (NIMA) GNS Global Network Services (INMARSAT) GNS Guinea Franc GNS Get Nearest Server (component of IPX and SAP) GNS Global Navigation System has created the world's largest computer model of a human cancer cell. Founded in 2000, GNS is a group of 25 highly skilled molecular biologists, mathematicians, computer scientists, chemical engineers, and physicists. This multimillion-dollar company has already been granted some $4 million in federal grants in 2004; $2 million from the National Institutes of Health for heart research and $2 million from the Department of Energy for computer modeling. As the 31-year-old CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the company, Hill is in charge of the strategic direction and vision of the company, and the direction he's looking is up. GNS has developed, and is continually developing, the "new science that will forever change our understanding of nature and our place in it," says Hill. "This is the new technology that will revolutionize pharmaceutical drug discovery." TEENPRENEUR AWARD NOMINEES This award recognizes entrepreneurs under the age of 18 who serve as role models and are committed to advancing the rich tradition of black business achievement. Lexica lex·i·ca n. A plural of lexicon. Interior Design TYPE OF BUSINESS Interior design PRINCIPALS Alexis Tiara Hudson LOCATION Bedford Hills, NY While many teenagers are constantly being told to clean up their rooms, 17-year-old Alexis Hudson is cleaning up other peoples' rooms as the CEO of Lexica Interior Design. Hudson often consults with her clients before she transforms an uninspired room into a welcome retreat or a cluttered area into a functional, fully operational space. But her clients also trust her expertise and let her work alone. Hudson has a natural eye for space and style and used to watch interior decorating programs on television. To supplement her natural ability, she took an internship at an architectural firm, where she learned the technical side of designing, including building codes and other parameters. Hudson also had to learn the proper industry guidelines and criteria for how to charge for her services. She only saw a couple of hundred dollars in revenues last year because she's currently in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of a number of projects. Some of these projects she's doing pro bono Short for pro bono publico [Latin, For the public good]. The designation given to the free legal work done by an attorney for indigent clients and religious, charitable, and other nonprofit entities. , just for the experience and exposure. Hudson's clientele is growing and she's begun contracting out some or the painting and carpentry required for her work. She's a full-time college student and is working on broadening her client base. She's also investigating additional entrepreneurial endeavors. Andrewlicious Treats TYPE OF BUSINESS Retail PRINCIPALS Andrew Stanley LOCATION Reseda, CA Thirteen-year-old Andrew Stanley is already running his second business. From ages 7 to 10, he ran a service business: garage cleaning, garbage disposal, dog walking, and car washing, among other services. Then in 2000, he decided to start Andrewlicious Treats, a candy distribution business. Stanley runs every aspect of his business. He creates his own cash flow reports, does his own bookkeeping, orders and tracks his products and inventory, handles all product sales and distribution, and conducts his own market research. He learned the fundamentals of the retail business from the local grocer he once worked for. In 2003, Andrewlicious Treats pulled in more than $5,000 in revenue. This year's projected income for Stanley's candy distribution business is double last year's: $10,000. Stanley is currently developing plans to purchase a vendor cart and open an Italian Ice stand in a local mail Future plans include manufacturing ice shaving machines. Baked Ice TYPE OF BUSINESS Ice cream parlor Ice cream parlors are places that sell ice cream and frozen yogurt to consumers. Ice cream is normally sold in two varieties in these stores: soft-serve ice cream (normally with just chocolate, vanilla, and "twist", a mix of the two), and hard-packed, which has an assortment of PRINCIPALS Camille Winbush LOCATION Pasadena, CA I scream, you scream ... Camille Winbush screams for ice cream--so much so that she opened her own ice cream parlor. The 14-year-old turned her love for one of her favorite desserts into an entrepreneurial endeavor, and it's proved successful beyond her imagination. You can get a scoop of ice cream for 99 cents and hear jazz and contemporary music at Baked Ice, the shop Winbush opened last year. You can also get a cookie cooler: two homemade cookies with ice cream sandwiched between them. Ice cream is never as much fun as when Winbush holds one of her ice cream socials, which include games, live music, and comedy. And Baked Ice grossed $120,000 in revenues in 2003. Winbush was just hoping to break the $90,000 mark. Not bad for a young woman who also has a long and growing career as an actress. Winbush appeared on television for the first time when she was 2 years old and has also starred in several films. She currently stars as Vanessa on The Bernie MacShow, which airs on the FOX television network. |
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