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Contact: Stephanie Wagner, Administrative Assistant, ISBDC - Region II (208) 792-2465 or slwagner@lcsc.edu

Local Entrepreneur Wins Small Business Award

LEWISTON—Entrepreneurship has always been one of our nation’s cherished ideals. Each year the Small Business Association (SBA) recognizes outstanding small business owners for personal achievements and business accomplishments through the SBA’s national Small Business Person of the Year Award Program.

This year, Peggy Foster of Headmasters School of Hair Design in Lewiston will be honored as the SBA Small Business Person of the Year 2002. The Region II Idaho Small Business Development Center (ISBDC), located at Lewis-Clark State and the Spokane District SBA office will present the award.

Foster directs a cosmetology school with a 100% state board pass rate and near 100% graduate placement rate. The ISBDC, in conjunction with the Spokane SBA District Office, will present Peggy with her award at their quarterly advisory committee luncheon, June 13, 2002 at 11:30 a.m. in LCSC’s Student Union Building, room 143.

The Spokane District Office participates in the SBA’s national award program by recognizing small business owners from 20 counties in Eastern Washington and 10 counties in Northern Idaho. Nominations are submitted to the SBA Spokane office for area awards and winners are selected according to their record of stability, growth in employment and sales, financial condition, innovation, response to adversity, and community service. Winners of area honors can compete for district, state and national SBA awards.

“The SBA Spokane District Office proudly recognizes our area award winners as models of free enterprise – the heart and sole of America,” said Ted Schinzel, Acting District Director of Spokane’s SBA Office. “Even in the best economic climate, it is not easy to run a small business. It takes an enormous amount of work, energy, creativity, and determination. Successful small businesses not only serve as the backbone of the economy; they anchor communities. They benefit everyone by creating jobs, building wealth, strengthening families, and paving the way for a strong economy.”

Those interested in more information about SBA’s programs for small businesses can call the Region II ISBDC office locally at (208) 792-2465, or call the Spokane Area Business Information Center at 509-353-2800; or visit the local SBA district office’s web site: www.sba.gov/wa/spokane.

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Lewis-Clark State College, 500 8th Avenue, Lewiston, ID 83501  (208) 792-5272
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