Wilmington, DE (PRWEB) July 24, 2009
Wilmington, DE July 23, 2009 -- The President and CEO of MoorWay Management, Inc., Rahim El, has been named the Delaware Minority Small Business Person of the Year. This award will be presented on October 1st, 2009.
The criteria for this award are a)the nominee must be at least 51% owned and controlled by one or more socially and economically disadvantaged individuals, as defined in SBA's regulations, b) the nominee's firm must be in satisfactory financial condition and demonstrate growth in total sales, net profit, and number of full-time employees, c)nominee's firm must have been in business at least three (3) years, d) if the nominee's firm is a government contractor, it must have performed satisfactorily on all contracts, and have had no terminations for default, and e) if a nominee has an SBA loan, payment record must be satisfactory and the loan must be current.
The nomination was made by Bob Rausch, Business Advisor of the Delaware SBDC and Juanita Beauford of PTAC. The nominee's are evaluated on growth in total sales, net profit and number of employees, participation in community projects and charitable affairs, overcoming bstacles/adversities and uniqueness and use of minority firms as suppliers and contractors.
MoorWay Management has successfully completed twenty-five (25) projects on time and within budget in 2009 and as of their last newsletter, is hiring. MoorWay has worked on various projects including projects with Dover AFB, Dover Downs Hotel & Casino and Wilmington Housing Authority.
MoorWay Management is active in the community working with Connection, a community-based organization helping ex-offenders turn their life around and other community-based organizations to make a difference in young people's lives.
"Receiving this award by the SBA solidifies our approach to Business. I dedicate most of my time to client relations," said Mr. El. "Keeping the clients satisfied is extremely important to me. This award is also a testimony to the dedication of my management staff and employees. They work really hard to deliver the goals and expectations I put forth."
For more information on MoorWay Management, please visit http://www.moorwaymanagement.com or call 302-764-5002 Wilmington office or 302-674-8878 at the Dover office. For more information regarding the Delaware SBA or the nomination process for this award contact Gedell Hawkins, Business Development Specialist at the Delaware District Office for SBA at 302-573-6294 ext. 226.
About MoorWAy Management:
Founded in 2000, Wilmington based MoorWay Management Inc. is a Management company providing General Contracting Services, Property Management and Maintenance Services, specializing in Drywall and Painting. MoorWay Management provides services for Delaware, Maryland and Virginia. Currently, MoorWay Management Inc. is a member and/or affiliated with the following professional organizations: Associated Builders Contractors Delaware, African American Latino Chamber of Commerce of Delaware, Hispanic Business Association of Delaware, and Moorish Science Temple of America. MoorWay Management Inc. is currently certified MBE/DBE by the City of Wilmington, Delaware Dept of Transportation and Office of Minority & Women Business Enterprises of State of Delaware.
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