C.W. Post's "Family Business of the Year" Award


June 29, 2000 - The search is on for the first "Long Island Family Business of the Year" of the twenty-first century. The Family Business of the Year Award - bestowed annually by the Center for Family Business at Long Island University's C.W. Post Campus - showcases the achievements of Long Island's family-owned businesses and corporations. The winners will be announced at a special luncheon, to be held at the Huntington Hilton on December 6, 2000. Felix Grucci, Town Supervisor for the Town of Brookhaven, is slated as the keynote speaker at this year's luncheon.

Since 1995, C.W. Post's Center for Family Business has honored Long Island's leading family-owned businesses. Former winners - including P.C. Richard & Son, Castagna Realty Co., Moloney Funeral Homes, Austin Travel and FALA Direct Marketing - represent the very best in family-owned operations. Each winner exemplifies the ideals of family values, work ethics and the keen business sense necessary to succeed in Long Island's challenging economy.

"It is difficult to develop and maintain a successful business and equally challenging to keep a family together and headed in the same direction," said Owen T. Smith, director of the Center for Family Business. "By issuing these awards on an annual basis, we hope to focus attention on successful family businesses as positive examples of private enterprise and social responsibility that benefit our communities, our state and our society."

In addition to business success, nominees each should exhibit positive family/business linkage, multi-generational family business involvement, contributions to industry and community and innovative business practices or strategies. The Center for Family Business advisory board will then evaluate the entries and select finalists and winners for each of three categories: small (fewer than 50 employees), medium (50-250 employees), and large (more than 250 employees).

Anyone who knows of a family-run business deserving of the Family Business of the Year Award is encouraged to submit a nomination; in the spirit of entrepreneurship, self-nominations are encouraged. The application deadline is October 1, 2000.

For more information, nominee forms, or to request an application please contact:
Center for Family Business
C.W. Post Campus of Long Island University
720 Northern Boulevard
Brookville, NY 11548-1300
(516) 299-2236

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