Francisco Olivas and Robert Valdez, Owners of Olivas Valdez, Inc of La Center, Wa., are the Northwest Minority Small Business Persons of the Year for 2010.
The award will be presented at the Business Diversity Institute Minority Enterprise Development (MED) Week awards luncheon on Wednesday, Oct. 6, 11:30 a.m. - 1:30 p.m. at the Oregon Convention Center, 777 NE Martin Luther King Jr. Blvd. in Portland.
"Francisco and Robert are perfect examples of why minority-owned businesses are growing faster than any other sector in the nation," said SBA District Director Harry DeWolf. "In this challenging recession, Francisco and Robert used their ingenuity and steadfast dedication to their business to create and sustain jobs that support our economic recovery."
"This year's MED Week event offers an opportunity to celebrate the positive impact minority small business owners have on their communities across the country," said Karen Mills, SBA administrator.
"We are honoring Olivas Valdez Inc. for their extraordinary commitment to excellence in providing innovative services to the federal government and commercial markets," said SBA Regional Administrator Calvin Goings. "Their commitment to excellence has helped spur job creation in the small business community and the nation's economy."
Held annually since 1983, MED Week recognizes minority businesses' contributions to the nation's economy. In this year's proclamation, President Obama urged all Americans to join together in honoring minority entrepreneurs across the country in appropriate observances.
Olivas Valdez Inc. has been able to maintain a steady growth rate since the company was first established in 2000. Their management team has been able to complete successfully in every single construction and management project the company has ever engaged in.