Environmental Company Owner wins SBA award
Lori Nevarez, president of Innovar Environmental Inc. based in Littleton, Colorado, was named National Minority Small Business Person of the Year by the U.S. Small Business Administration.
"I was shocked," said Nevarez, 41, who was a finalist for the award with 10 others. "I had no idea I would win."
Nevarez’s company handles environmental consulting, asbestos and mold abatement and demolition employs 30 people.
The company posted $1.1 million in revenue for fiscal 2004. For 2005, Nevarez expects $3.5 million to $3.7 million in revenue.
The award earned Nevarez a crystal statue, an afternoon meeting with U.S. Sen. Wayne Allard of Colorado and a platform to promote. It also could help Nevarez land lucrative contracts, the small-business agency's Christopher Chavez said. "It adds to the reputation of the business," Chavez said. "This gives them an advantage."
Criteria for the award included the firm's financial strength, participation in community projects and charities, and use of the SBA's programs.
Nevarez earned a finance degree from Metropolitan State College of Denver and launched her business in 2000.
Congratulations!!!!
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