Credit Union Supports Small Business with Hispanic Initiative Program
April 24, 2013
Bethpage, New York� In ceremonies this week at the Bethpage Federal Credit Union Central Islip branch, Marlene Flores, Owner of Mar le Caf� in Glen Cove, received the 2012-2013 Hispanic Business Owner of the Year Award.� In its 2nd year, the annual award program is the outgrowth of the "Hispanic Initiative," a program established by the Stony Brook University Small Business Development Center (SBDC) that runs under the New York State Small Business Development Center and OLE (Organization of Latino Entrepreneurs), which targets Latino business owners.� Recognizing that Hispanic immigrants often must overcome multiple challenges lack of education, language barriers, cultural differences and financing the Hispanic Initiative seeks to support a successful transition, while adding to the engine of Long Islands economy.
"This is a proud moment for me and my family," said Flores.� "I am honored to be recognized and am thankful for the support of Stony Brooks Small Business Development Center, as well as my family, friends, customers, and the Hispanic Initiative resources that have made possible my dream of establishing an American business."
According to Gloria Glowacki, Stony Brook University Small Business Development Center Regional Director, the Hispanic Business of the Year Award program was established in order to "recognize and reward the best business practices and performances of Hispanic entrepreneurs."� Representatives from the Hispanic Initiative were on hand for the award program, including Bill Mannix, Director, Town of Islip Economic Development and Vernon Williams, Vice President, Branches, Bethpage Federal Credit Union.
As part of its support, Bethpage helped provide SBDC Hispanic clients with a Bilingual Resource Guide, English/Spanish Business Plan Guide, Bilingual Source Book and winning business owner prize, an iPad.
"Bethpage Federal Credit Union has a commitment to small business owners through loan products and services available at all our branch locations," said Bethpage Senior Vice President, Linda Armyn. "And working with our institutional and government leaders, we believe it is important to recognize and to celebrate those in our Long Island community who succeed in their entrepreneurial efforts, especially when extraordinary obstacles must be overcome."
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