ABOUT MFBA

Minnesota Business Magazine, in partnership with Hubler for Business Families, is pleased to announce the distinguished list of finalists for the 2010 Minnesota Family Business Awards. 

WHEN
Tuesday, October 26, 2010
 
WHERE
International Market Square, 275 Market Street
Minneapolis, MN 55405
 
TIME
Registration and seating at 6:30 p.m.
Dinner will be served at 7:00 p.m.
 
ATTIRE
Cocktail attire appropriate

PURCHASE TICKETS NOW.

Presented by:

The Mission

The Minnesota Family Business Awards are dedicated to recognizing outstanding Minnesota-based family businesses, and promoting the considerable value family businesses bring to the state's economy and quality of life.

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The History

The awards were established through a partnership between Tom Hubler, CEO/founder, Hubler for Business Families, and Minnesota Business magazine.

The first Minnesota Family Business Awards event took place in October 2008 at the James J. Hill Reference Library in St Paul. In that inaugural year there was a single winner, The Harry G. McNeely, Jr. family, and their company, Meritex Enterprises.

In 2009, the event moved to the McNamara Alumni Center on the campus of the University of Minnesota, and attendance more than doubled. In fact, everything about it was bigger. The pool of nominations was exponentially larger, the selection committee grew, as did the sponsors.

That list included Bremer Bank, Gray Plant Mooty, Lurie Besikof Lapidus & Company, LLP,  the University of St. Thomas, the James J. Hill Library; Aureus; Chaffee & Associates; LAZARD Middle Market and Brooks Family Business.

The number of awards given was expanded as well. There was the Legacy Award and Emerging Growth Award, plus, three special recognition awards; Global Market, Community Commitment and Female Executive.

CLICK HERE TO SEE LAST YEARS WINNERS

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Because family businesses are a vital piece of our economy and an important part of the fabric of our communities. We want to lead the way in lifting up those family businesses that do it best, and celebrate their success, contributions and achievements.

Did you know family firms in the U.S....

*        Account for 64% of the gross domestic product?

*        Comprise 33% of the S&P 500 list?

*        Employ 80% of the work force?

*        Create 86% of all the new jobs?

*        Pay 65% of the total wages? 

Source: Family Firm Institute

Family businesses can be the bright spots in an otherwise dark and cloudy economic environment. Numerous studies provide empirical support to the premise that family-owned companies do better because their owners thing long term, on to the next generation as opposed to the next quarter.