MINNEAPOLIS, Minn. – Today, Meda (Metropolitan Economic Development Association) honored Hoyt Hsiao, President and CEO of Shaw-Lundquist Associates, Inc. with the Charles W. Poe Jr., Entrepreneur of the Year Award. The Entrepreneur of the Year exhibits best business practices, business growth, leadership and philanthropy. The award was presented during Meda’s Annual Recognition Luncheon on June 03, 2015 at the Minneapolis Hilton Hotel. The luncheon honors the successes and dedication of Meda clients, corporate partners and volunteers who have excelled for their talents, achievements and their contribution to helping entrepreneurs of color succeed.
“It is my privilege to honor Hoyt Hsiao; he exemplifies the entrepreneurial spirit, tenacity and business savvy skills that Meda fosters in our clients.” said Gary L. Cunningham, Meda President and CEO. “He leads his company on its path to continuous and sustainable growth with heart and integrity. His focus on improving the community is an example to us all.”
In addition, several community and individual partners received awards during the luncheon. These organizations have been an integral part of the successes of Meda and its clients.
This year’s Recognition Luncheon awardees include:
Corporation of the Year – Xcel Energy
Over the past quarter century, Xcel Energy has sustained an unparalleled commitment to Meda and entrepreneurs of color. Xcel Energy actively seeks business relationships with minority companies and awards meaningful contracts, including significant work to Shaw Lundquist and Associates, the firm led by the Entrepreneur of the Year, Hoyt Hsiao.
Meda Legacy Award – Beckwith Horton
“Beck” lived the Meda mission. In 1988, he said, “If a major role of philanthropy is to promote human welfare, the best way to promote it is to give them (sic) a job. We need to bring jobs back to the central cities to have a prayer of a chance of saving our inner cities.” To share his success with fellow African-Americans, Beck brought jobs to the people by starting Microtron in north Minneapolis.
Volunteer of the Year – Joel Lebewitz, Lurie Besikof Lapidus & Company, LLP.
With his astounding financial expertise and his unique insight into client needs, Joel Lebewitz has been a critical advisor to entrepreneurs of color as they progress from startup to growth and expansion. His rapid response to requests for help produced highly complex accounting solutions to financial challenges facing clients. His guidance helped business owners to manage financial results and plan for future success.
Meda is a nonprofit organization that serves Minnesota businesses owned and managed by entrepreneurs of color. Meda provides the best in consulting expertise, federal funding opportunities, financing, government procurement, leadership development, corporate networking, mentoring and educational opportunities.