Parkin receives SBA leadership award

June 23, 2004

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Georgianna Parkin, state director of the Massachusetts Small Business Development Center Network in the Isenberg School of Management, received the Elaine Guiney Leadership Award from the U.S. Small Business Administration at its annual awards celebration in Boston on June 10.

Massachusetts SBA district director Mark S. Hayward said, “Elaine Guiney was an outstanding leader who was very well known to the small business community when she served as SBA’s Massachusetts district director from 1999 until her passing in February 2004. What those of us at SBA most remember about Elaine was her dedication to advancing opportunities for women and minorities. The awards committee was unanimous in its selection of Georgianna Parkin as the recipient of this special award because she shares the same philosophy and has been able to show impressive results in this area.”

The Massachusetts Small Business Development Center Network has increased its commitment to women and minorities since Parkin was named state director in 1999. Under her leadership, MSBDC has secured more than $30 million in loans to women and coordinated $13.5 million in loans to minorities, while expanding the UMass Boston SBDC & Minority Assistance Center into a full-service center.

Parkin also has overseen the establishment of a solid relationship with the state Office of Women and Minority Business Assistance, realigned the staff of MSBDC to mirror the demographics of Massachusetts, diversified the language skills of its staff and implemented a lender roundtable program to increase loans to women and minorities.

MSBDC also brought the Procurement Technical Assistance (PTAC) program to the state, allowing Massachusetts businesses to secure more than $200 million in contracts. The international trade program expanded statewide under Parkin.

“Through the outstanding advocacy efforts of Georgianna Parkin and the Massachusetts Small Business Development Center Network staff, Massachusetts’small businesses are more likely to receive the high quality assistance they can count on,” said Hayward. “I commend Georgianna for the dedication and excellence she demonstrates as a leader in the small business arena. She is a born collaborator and deserving of this award.”

The Massachusetts Small Business Development Center Network provides management and technical assistance, counseling and training to current and prospective small business owners. Administered by the SBA, the program is a cooperative effort of the private sector, the educational community, the state Department of Business and Technology and federal and local governments.