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The Institute for Family-Owned Business has named 25 companies as finalists for the Maine Family Business Awards. The winners will be announced on June 5 in Portland.
To mark its 25th anniversary, the institute will present its first Lifetime Achievement Award to Maddy Corson, who was the fourth generation of her family business, Guy Gannett Communications. The Lifetime Achievement Award is given to an individual who has demonstrated sustained success, leadership and innovation in his or her own family business, to the Institute for Family-Owned Business and to the broader community.
“Maddy is the quintessential example of what it means to be a strong leader and advocate for Maine businesses,” the institute said in a news release announcing the award and this year’s finalists. “It only seems fitting that this award is given out on the 20th anniversary of the Maine Family Business Awards, which all started as an idea from Maddy two decades ago and has recognized 89 businesses and counting.”
The institute received 157 nominations of companies in diverse industries across the state, which were narrowed to 32 semi-finalists and then to the finalists, which are:
The Maine Family Business Awards are presented in partnership with MEMIC, the Maine-based employee safety insurance group, during a gala evening event at the Holiday Inn by the Bay. The event will be hosted by News Center Maine anchor Cindy Williams, with keynote speaker being Shawn Gorman, executive chairman of L.L.Bean.
Awards to be presented include:
An independent judging panel selects winners based on criteria that include the nature of family involvement, the success of the business, the work environment, and innovative business practices or strategies.
Event sponsors include title sponsor MEMIC, Renys, Chalmers Insurance Group, Holiday Inn By the Bay, People’s United Bank, Machias Savings Bank, Verrill Dana, Norway Savings Bank, Lee Auto Malls, Bar Harbor Bank and Trust, Cumberland Crossing by OceanView, Katahdin Trust Company, Flyte New Media, Down East magazine, HR Convention, Portland Press Herald / Maine Sunday Telegram, Saco & Biddeford Savings Institution, Oakhurst, Cross Insurance, Morong Falmouth, DMM, Mainebiz, Sun Journal and Bangor Daily News.
Now in its 25th year, the Institute for Family-Owned Business is a nonprofit 501(c)3 organization dedicated to supporting family-owned businesses, which represent about 80% of all businesses in Maine. Through consulting, seminars, workshops, and networking, the Institute assists family-owned firms in meeting the unique managerial challenges associated with operating and sustaining a successful family enterprise.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
This special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
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