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NEW JERSEY GOVERNOR JIM FLORIO TO BE PRESENTED 1993 ENTREPRENEUR MAGAZINE LEADERSHIP AWARD

 HARMON MEADOW, N.J., March 22 /PRNewswire/ -- Jim Fitzpatrick, publisher of Entrepreneur Magazine, today announced that New Jersey Gov. Jim Florio will be awarded the 1993 Entrepreneur Magazine Leadership Award. The award will be presented to Gov. Florio at a private breakfast, attended by New Jersey small business owners on Saturday, March 27, the opening day of the Entrepreneur Magazine Expo at the Meadowlands Convention Center at Harmon Meadow. Jack Kemp, former United States Secretary of Housing and Urban Development, received the award last year.
 "Gov. Florio exemplifies entrepreneurial leadership and we are honored to present him with this award," Fitzpatrick said. "As a result of his commitment to small business, Jim Florio has successfully promoted the power of entrepreneurial capitalism to restore and create jobs, investment and opportunity throughout the state of New Jersey."
 In 1992, under Gov. Florio's leadership, New Jersey launched the largest economic development program in its history. The Economic Development Authority arranged $570 million in financing for 350 projects that created 12,000 jobs and stimulated a total of $1.3 billion in economic activity in 1992 at no additional cost to taxpayers. In addition, the EDA raised more than $150 million to help New Jersey businesses with expansion projects through the sale of Economic Growth Bonds. The Governor's $200 million Economic Recovery Fund is expected to create 95,000 jobs over the next three years.
 Upon learning about the award, Gov. Florio said, "Small business people are the backbone of our economy. As larger corporations downsize, it's clear that our future is in the hands of hardworking, visionary entrepreneurs who put themselves on the line everyday."
 Recognized by entrepreneurs throughout the United States and around the world as the source for small business information and practical advice, Entrepreneur Magazine is the fastest-growing business magazine in America. In today's marketplace, the team "small business" refers to companies of 100 employees or less. Many of the nation's most sophisticated companies are small businesses, often outpacing the biggest corporations in the use of the latest business technologies.
 Entrepreneur Magazine is published by Entrepreneur Magazine Group, which also publishes New Business Opportunities and more than 200 books and videotapes on small business operations and management. Entrepreneur Magazine Group is the nation's leading authority on small business and provides invaluable information to entrepreneurs in the United States and around the world.
 -0- 3/22/93
 /CONTACT: Beth Grossman or Cami Pecaut of Communications/Marketing Action, 212-692-9565/


CO: ST: New Jersey IN: SU:

TS-OS -- NY041 -- 8192 03/22/93 11:31 EST
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Date:Mar 22, 1993
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