SPECIAL AWARDS & DESIGNATIONS


LIDC Annual Awards Breakfast
November 19, 2003
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2003 LIDC
Economic Development
Awards A Huge Success!

The 2003 Annual Long Island Economic Development Awards presented by Long Island Development Corporation last month saw a record crowd. Some 300 Long Island real estate brokers, government and business leaders, educators, attorneys and accountants gathered last month at the Huntington Town House to participate in the 2003 Annual Awards Breakfast-now in its sixth year. At the Awards Breakfast, Long Island Development Corporation (LIDC) recognizes and salutes those individuals and institutions which support the Long Island economy and citizens by encouraging business and entrepreneurship. LIDC is Long Island's premier small business lender, consistently ranked as the number one lender to Long Island's business community. Invitations to its Annual Awards are coveted because this event is one of the few such events where awards are given purely based on merit - not on who can sell tables or ads. The 2003 Awards recognized Long Islanders who have contributed to the betterment of business and helped to make LI a welcome place for the entrepreneurial spirit. Featured speakers at the event included Jose Sifontes, District Director US Small Business Administration and LIDC's Board of Directors, headed by Chairman Douglas Asofsky (Citibank), Vice Chair Jack Kennedy (Building Trades Council) and President/CEO Roz Goldmacher.
   

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2003 LIDC Awards went to:
Fleet Bank-
Most Active Bank in SBA 504 Loan Program
Bank of Smithtown-
Largest Increase in SBA 504 Lending
Town of the Year-Hempstead Town
Banker of the Year-Tom Sullivan, Fleet Bank
Attorney of the Year-
Mike Dornbaum,
Cullen Dykman Bleakley Platt LLP
Real Estate Broker of the Year
AIRECO, Richard and Edward Pigeon
Bob Desmond
SBA Recognition Award
Virginia Wylly, Branch Counsel SBA Long Island
Government Advocate
Barry Greenspan
Empire State Development (NYS)
Lending Advocate of the Year
NYBDC
Government Contracting Award
Capy Machine.

Awardees and guests were treated to the famous LIDC hospitality with free chiropractic adjustments, a sumptuous breakfast and fabulous goodie bags which included LIDC chocolate truffles, water bottles, canvas bags, etc. LI Monopoly games featuring LIDC were distributed to award winners along with the legendary LIDC crystal globe and LI pin.
At the event, Long Island Development Corporation reported on its successful 2003 year, where it lent over $35 million directly to LI companies with an additional $90 million of leveraged funds being distributed. In addition, LIDC's Procurement Division helped small LI companies obtain over $300 million in government contracts in 2003!