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BOSTON-BASED FILM-PRODUCTION COMPANY RECOGNIZED BY SBA

 BOSTON-BASED FILM-PRODUCTION COMPANY RECOGNIZED BY SBA
 BOSTON, April 22 /PRNewswire/ -- Esmeralda Santiago, founder and president of CANTOMEDIA Corporation, was recognized at a "graduation" ceremony held at the Boston Regional Office of the Small Business Administration on Wednesday, April 22, 1992. Susan M. Collins, SBA Regional Administrator and Samuel W. Brown, assistant regional administrator for Minority Small Business and Capital Ownership Development, presented the award.
 CANTOMEDIA Corporation is a film-production company that specializes in motion pictures, public service announcements and audio visual services to government, industry and education. CANTOMEDIA has been 8(a) certified in Boston, by the U.S. Small Business Administration since 1981. The "graduation" represents CANTOMEDIA's completed participation in the Minority Small Business/Capital Ownership Development nine-year program, also known as the 8(a) program administered by the SBA.
 The 8(a) Contracting and Business Development Program was created in 1968 and is named for the section of the Small Business Act from which it derives its authority. The 8(a) Program provides federal government contracts and other assistance to small companies owned by socially and economically disadvantaged persons. The purposes of the 8(a) program are to foster business ownership and the competitive viability of firms owned by disadvantaged persons, and to expand their participation in federal procurement of equipment, products and services.
 CANTOMEDIA began as a two-person operation in 1977 when Esmeralda Santiago and her husband Frank Cantor founded the firm. Through its 8(a) participation, the company has been awarded several contracts with various federal agencies. The firm's largest contract to date is with NASA for which CANTOMEDIA produces an Aeronautics and Space Report and other special project films.
 In her capacity as executive producer and writer, Santiago has produced 40 public service announcements, three educational films, theatrical shorts and 60,000 audio cassettes for the Internal Revenue Service. She is the recipient of numerous national and international awards for creative excellence in film making. In 1987, Santiago was named as one of the Top 100 Outstanding Hispanic Women in Communications by Hispanic USA Magazine. In 1988, she was named Minority Businesswomen of the Year by the U.S. Commerce Department. In 1991, Santiago wrote the screen play for the movie Eventide, CANTOMEDIA's first feature film production. She is currently writing her memoirs for the publishing company Addison-Wesley.
 Santiago was born in Puerto Rico and moved to New York City at the age of 13. She attended the New York School for Performing Arts, widely known through the television show and film Fame. After graduating from Harvard University, Santiago did free-lance work before founding her business.
 Brown stated, "Today's ceremony was a demonstration that CANTOMEDIA successfully achieved the targets, objectives, and goals that were mutually established by Ms. Santiago and the SBA, and that CANTOMEDIA has the ability to compete in the marketplace without further assistance under the 8(a) program."
 -0- 4/22/92
 /CONTACT: Amy Dondero of SBA, 617-451-2032/ CO: U.S. Small Business Administration; CANTOMEDIA ST: Massachusetts IN: ENT SU:


DD -- NE016 -- 1460 04/22/92 16:40 EDT
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Publication:PR Newswire
Date:Apr 22, 1992
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