2010 Massachusetts Family Business of the Year Award Date Announced

Online, March 2, 2010 (Newswire.com) - BOSTON, March 2 -- Northeastern University College of Business Administration is pleased to announce that the 4th annual Massachusetts Family Business of the Year Awards program will be held on June 9, 2010.

The awards program, created four years ago in a partnership between Northeastern University's Center for Family Business and The Family Firm Institute New England Chapter, promotes and recognizes some of the great achievements of Massachusetts-based, family-owned businesses and entrepreneurs.

Nominations and applications are currently being accepted for entry into this year's competition and are available on-line at www.mafba.com. Any Massachusetts-based, family-owned business that includes or included more than one generation is eligible for the award. The awards will be presented again this year at Northeastern University's Henderson House in Weston, MA on June 9, 2010. The deadline for applications is May 7, 2010. Award winners will be chosen by a panel of independent judges comprised of industry experts, academicians, and peers.

Northeastern University College of Business Administration Dean Thomas E. Moore notes, "We are pleased to have the opportunity to highlight family businesses accomplishments in Massachusetts for the fourth year in a row. Family businesses are an important element of the U.S. economy as they account for roughly 78% of all new jobs, and 65% of wages paid.

Having solid research and educational programs for family business is a key to their long-term success and we are pleased we are able to support this important segment of the economy."

Prior Award winners are from a broad spectrum of industries and include Elaine Construction, FIBA Technologies Bernie & Phyl's Furniture, Avedis Zildjian Co., and New England Coffee.

About Northeastern University's Center for Family Business Northeastern University's Center for Family Business is a membership organization that provides education, networking opportunities, and support to business families. The Center helps its members identify and avoid potential pitfalls, solve complex interpersonal and family business issues, and plan for future family business success in an increasingly more competitive environment. The Center also offers a new undergraduate academic course in Family Business and performs comprehensive research in the family business area.

About Northeastern University College of Business Administration
The College of Business Administration's undergraduate program is ranked 26th in the U.S. by BusinessWeek and is ranked in the US top 20 international business programs by U.S. News & World Report.

For more information, contact:
Katelyn Husereau
Northeastern University Center for Family Business
617.373.3718
[email protected]