?
Business Briefs
Re warding achievement
Owners of six small
c ~ * '?
businesses recognized
; tvinsujn-^aicm ? Six out
standing small business owners who
hwve contributed to the economy
through Their" business accomplish
ii)cms during the past year were
hbnorcd May 9 during Small Busi
ifcss Week. T hese small business
ctvvners and their awards include,
ifemes McCormick of Dolphin
I^ight Services. Entrepreneur of the
^ear; Paula Stump of P.R. Stump
a>id Stuff, Female Small Business
person of the Year; James Gilliam
ijf Triad Pest Control, Minority
Small Business Person of the Year;
Michael Grace of Salem Technolo
gies, Inc., Start-Up Business of the
Year; Rick Marion of Cannon and
Company, Small Business Advocate
'<jf the "rear; and Charles Baerman
($' A Iphagraph k s Printshops, Small
business Person of the Year.
{ In iuldltion, two small business
(Jwn^rs were recognized with
Awards from the State for their
c^ccomplishments during 1990.
Jtimes Grace, director of the East
tyiriston Community Development
" " ,r,~ ' ' u'-i-lw-mmumua'
Corporation, who was Minority
Small' Business Person of the Year
for 1990, has been named "Minority >
Small Business Person of the Year"
by the State. Bill Dowe has been
named Small Business Advocate of
the Year by the State. With the
Small Business Technology Devel
opment Center, he was the local
Attorney Michael Grace
Small Business Advocate of the
Year for 1990.
The eight awards were present
ed on Thursday, May 9, at the 1991
Small Business Awards Presenta
tion sponsored by the Business
Assistance Center (BAC), a branch
of the Greater Winston-Salem
Chamber of Commerce. The meet
ing, which was held at Stouffer
Winston Plaza Hotel, began at 7:30
a.m. with breakfast. The hour-long
program began at 8 p.m.
Joe Dudley, founder and chief
executive officer of Dudley Prod
ucts in Greensboro, was the speaker
for the event Michael O'Callaghan,
director of Small Business Admin
istration in Charlotte, presented the
two State awards and last year's
winners presented the six local
awards. Also on the program were
Winston-Salem Mayor Martha
Wood and Garry Avram, the Cham
ber's vice chair of Small Business.
Small Business Week is May 6
10. In addition to the breakfast, a
seminar on "Fear-Free Prospect
ing," sponsored by the Small Busi
ness Center, is being held on the
West Campus of Fo syth Technical
Community College from 1:30 -
? M? B8? MBSfef Ail
Jamts Grace
4:30 p.m.
The BAC opened on April 3,
1989, at the F. Roger Business &
Technology Center (BTC)r located
at 1001 South Marshall St. The
BAC initially was funded by a
$100,000 grant the BTC received
from the Appalachian Regional
Commission. The Chamber of
Commerce now provides funding
and staffing for the clearinghouse.
The Greater Winston-Salem
Chamber of Commerce is a leading
business organization in Winston
Salem and Forsyth County, repre
senting more than 2,000 area busi
nesses which are committed to
increased economic development in
the region.
It works to promote a better
business environment and offers
services to strengthen existing busi
nesses, to encourage small business
, a
James Gilliam
creation and growth, and to promote
the area as a destination for conven
tions and visitors.
Black Expo '91
Chuck Morrison, (left), vice president, Coca-Cola USA :
ongratulates Jerry Roebuck, (right), founder and :
dent, Black Expo USA, Oil
r-xpc '9i which premiered at the Qeorgia Wortd ~ ""
>t; r in Atlanta.
?
Bigelow gets
promotion
Nicholas A. Daves, Presi
dent ami Chief Executive Officer
r>r Enterprise National Bank of
the Piedmont, announced that
Corolla J. bigelow has been pro
moted t^jr Credit Administration
Officer. Bigelow graduated
frdim Winston-Salem State Uni
?
*crcit v
? A native of Rlanch, North
Caiolinn. she has lived in Win
?ion-Sa!em since 1975.
? She has had 11 years of
tanking experience in the Win
jtoiVSalcm area.
J Enterprise National Bank,
r :v- beginning its second year of
?
Coretta J. Bigelow
operation, reported assets in
excess of $21,000,000 at the end
of the first quarter.
icl 15% home mortgages available
; First lime home buyers in the
?Triad can s t i H obtain mortgage
Joans it 8.15 f "r interest as a result
j>l' the N.C. Housing Finance
J\gCTK y's December bond sale.
I Under federal and state
Jut horny, the iicency sells tax
J:\rfn; -t bonds and makes the pro
ceeds available to home buyers
Jvith low and moderate incomes.
Jt-difH^!butes low-interest
Jnortgages statewide through pri
vate lending institutions.
I Fourteen mortgage compa
Jtlfc ?ti the Triad have notified the
Jijdncy that they still have 8.15%
3?5ri funds available.
'."?They .:irr: in Greensboro, /
*
Central ^rtiiolina Bank, Centura
Rank. Columbia Banking Federal
;>a\m^s. Hist Union Mortgage
Corp., Fleet Mortgage Corp.,
GLL & Assoc. Inc., National
City Mortgage Co., NCNB Mort
gage Corp., Old Stone Bank of
N.C. and Security Mortgage
Corp.
High Point lenders, are:
Centra! Carolina Bank, First
Financial Savings Bank Inc.,
First Union Mortgage Corp.,
GLL & Assoc. Inc. and NCNB
Mortgage Corp.; and, in Kern
ersville, Old Stone Bank of N.C.
(Ed: in Asheboro, the mortgages
are available at Central Carolina
Bank and First Southern Savings
Bank). *
Tht low-interest mortgages
continue to be available in 55
towns and cities throughout the
state.
To qualify, home buyers
must not exceed certain income
and home price limits, which are
tied to area medians.
In Davidson, Forsyth, Guil
ford and Randolph counties, fam
ilies and individuals qualify if
their total household income is
$34,500 a year or les?
The home price limits are
$92,000 for a new home and
69,700 for an existing home.
The N.C. Housing Finance
Agency is a self-supporting state
agency created by the General
' Assembly.
Since 1973, it has issued
$1.88 billion in tax exempt bonds
and tax credits, to finance more
than 44,000 affordable homes
and apartments..
nuteis of Distinction have
a name-dropping contest
Hotels of Distinction, the com
pany that has recently acquired the
300 room hotel, formerly known as
Hyatt Winston-Salem, has intro
duced a community campaign that
involves the citizens of the Pied
mont Triad.
Members of the local commu
nity are being invited to create a
new name for the hotel and to sub
mit ttfeit flame of choice by entering
the Winston-Salem Name Dropping
Contest. The hotel is located at 460
N. Cherry Street in Winston-Salem.
Those residents interested in
entering the contest may do so by
filling out and mailing one of the
self addressed, stamped official
entry forms that can be obtained at
the hotel and at any Food Fare store
- or by calling 725-1234, Ext. 609.
The winning Name Dropper
will receive a one week trip for two
to Southern California for a vaca
tion at Hotels of Distinction's
Embassy Suites Hotel located in the
Palm Springs area.
The winner will check into a
spacious luxury suite, enjoy break
fast and dinner every day in the
hotel's prize winning dining room,
plus unlimited swimming and ten
nis. Round trip air transportation is
also included.
Alan Tremain, President of
Hotels of Distinction notes, "We are
looking for a name that conveys the
highest standard of service, quality
and hospitality, but most of all it
should convey the tradition, her
itage and spirit of the community."
Designated General Manager
of the Hotel, Charles Gray adds,
"Wfe want the residents of this area
to feel that this is really their hotel
and that they play an integral role in
shaping its future."
The deadline for submitting
names is midnight Saturday, May
11. The contest is open to anyone
who is interested in submitting a
name for the hotel. The winning
name will be announced May 15.
Hotels of Distinction is an
internationally recognized hotel
management company located in
Palm Beach, Florida. Additional
properties managed by the company
are located in California, Arizona,
Minnesota and Pennsylvania.
Mr. Tremain announced the
company's acquisition of the down
town Winston- Salem property at a
press conference held at the hotel
mid-March of this year.
1535 Martin Luther King Jr. Drive
788-3020 ** 1 -BdtjOWUAD* 99
- N.C. Lic.#PW967 Watts
Termite Control
$7500
cidl for details
- ? . . Marilyn Gilliam
? Odorless Chemicals Vice President
? Certified Radon Testers
? One time. Monthly or Quarterly Service
? Money Back Guarantee
? Senior Citizen discount
Triad Pesti
Control '
is offering its
customised
Pest Control Service for
$25?*
Inside and out.
Excluding flies, fleas, ft
wood destroying organisms.
Reebok International
and the
East Winston Community Development Corp
Are ? The ? Proud ? Sponsors ? Of
Reinyestments
in the
Community
Chamber pledges $150,000 for research
"Reinvestments in the Community" is a weekly column appearing
in API publications throughout tho USA.
Chronicle Wire Report
Winston-Salem. -The Greater
Winston-Salem Chamber of Com
merce's Board of Directors has
committed $150,000 to support the
operational costs of the Piedmont
Triad Graduate Research Institute.
The monies will be provided* pend
ing approval by the North Carolina
General Assembly, of funding for
faculty from public universities
who will teach and do research at
the Institute. -
The Chamber's funds will
come from a restricted economic
development fund which was estab
lished a number of years ago
through an anonymous gift.
"The Institute will improve the
community's chances to keep,
grow, and attract high technology
companies to the region," said
William A. Davis U, chairman oi
the Chamber.
The Institute, which would be
based at the Bowman Gray School
of Medicine, would draw additional
faculty and graduate students from
North Carolina State University,
North Carolina A&T State Univer
sity, and Winston-Salem State Uni
versity.
Researchers would work in the
area of information sciences,
specifically as it related to infor
mation and image processing in
medicine. That includes high speed
image transmission, artificial intel
ligence, and storing images on
computers rather than on film.
However, the technology devel
oped for medical applications has
universal applications in other
fields, which transmit or store huge
quantities of data, such as banking
and transportation.
"This is the community's best
shot at developing the faculty and
pay for operating the institute and
$750,000 from the General Assem
bly to pay for the faculty and stu
dents which will come from the
public universities. Wake Forest
will fund its faculty and students.
The Greater Winston-Salem
Chamber of Commerce is a leading
The funds to be used to boost
graduate students that industry
wants to work with," Davis said.
"If we put in place world-class fac
ulty and students, industries will
want to locate nearby to take
advantage of the research being
conducted."
The universities have already
endorsed the program, which could
begin this fall, if funding can be
obtained. The Chamber is 1<
the efforts to raise $500,000
year from the local community
high-tech medical research.
business organization in Winston
Salem and Forsyth County, repre
senting more than 2,000 area busi
nesses who are committed to
increased economic development in
the region.
It works to promote a better
business environment and offers
services to strengthen existing busi
nesses, to encourage small business
creation and growth, and to pro^
mote the area as a destination for
conventions and visitors.