SBA Family-Owned Business of the Year Award
BOSTON – Cape Associates Inc. has been named the U.S. Small Business Administration’s 2013 Jeffrey H. Butland Family-Owned Small Business of the Year award winner for the state of Massachusetts, according to an announcement made today by Robert Nelson, Massachusetts SBA District Director.
The Family-Owned Small Business of the Year Award is presented annually to a family-owned and operated business with a 15-year track record that has been passed on from at least one generation to another.
This nomination package was evaluated using the following criteria: (1) Evidence of success as measured by sales and profits. (2) Increased employment opportunities for family and non-family members. (3) Demonstrated potential for long-term business success and economic growth. (4) Voluntary efforts to strengthen family-owned businesses within the community.
Cape Associates, Inc., was founded over 40 years ago in 1971, and currently employs two generations of family members. Cape Associates works to build, manage and maintain both residential and commercial properties around Cape Cod and the Islands, providing custom building, painting and other services, and has been featured in many local and national news articles highlighting its good work and outreach to the local community. The company employs more than 100 people in Eastham, Chatham and Yarmouthport, Massachusetts.
“Our judging committee thought that Cape Associates was the perfect fit for this award,” said SBA Massachusetts District Director Robert H. Nelson. “This company has been passed from generation to generation with a mission of building life-long relationships with customers, based upon an uncompromising commitment to quality and integrity. This commitment shines through and drives the Cole family as much as it drives their business.”
“This award reflects the hard work of every Cape Associates employee and is recognition of the efforts of my father to carefully transition the business to the third generation in a fashion that would ensure its continued success,” said Matthew H. Cole, President & CEO of Cape Associates, Inc.
Matthew H. Cole and Cape Associates, Inc. will be honored along with other 2013 award winners at a special SBA awards event in June, 2013.