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New Castle Dance & Music Academy is SBA's 2014 Del. Family Business of the Year

Advisory Date: 
Wednesday, May 14, 2014
Advisory Number: 
14-14

SBA-Backed Financing, SCORE Business Counseling and Family’s Teamwork Carries Beloved Dance Studio into 36th Year in Business   

WILMINGTON, DEL. – SBA’s Delaware District Director John Fleming will officially introduce the agency’s 2014 Delaware Family Business of the Year, The New Castle Dance and Music Academy, at its Peoples Plaza, Newark dance studio on May 15 at 3:00 p.m. The event is open to media.

WHO: John Fleming, District Director, U.S. SBA Delaware District Office
Valerie Gooding, President and Artistic Director, New Castle Dance and Music Academy
 
WHAT: New Castle Dance and Music Acacemy introduced as SBA’s 2014
Delaware Family Business Woman-Owned of the Year, followed by
behind-the-scenes studio tour
WHEN: May 15, 2014 at 3:00 p.m.
WHERE: New Castle Dance and Music Academy, 680 Peoples Plaza and Glasgow
Ave., Newark, Del. 19702
 

Valerie Gooding opened New Castle Dance Academy in the back room of a shopping center music store in 1978 when she was 22 years old.  With the help of her husband and daughters – as well as periodic guidance from SBA-backed SCORE and SBA-backed financing through Wilmington Economic Development Corporation (“WEDCO”)– Gooding built the business into an acclaimed dance studio, guiding and deftly restructuring it through her husband’s 2009 death and the challenge of The Great Recession.  Today, Gooding operates the studio with her two daughters working in the business as choreographer and business manager, respectively, and New Castle Dance Academy is poised for its next expansion. 

SBA’s ‘2014 Delaware Family Business of the Year’ award will be presented by Tim Furlong, NBC10 Delaware Bureau Reporter, at SBA’s “Celebrate Success” awards ceremony on May 21 at 4:30 p.m. at DuPont Country Club, 1001 Rockland Road, Wilmington, Del. 19803. The May 21 event is a local observance of the annual National Small Business Week, held this year May 12-16, which recognizes the small business community’s contribution to the American economy and culminates in the announcement of the National Small Business Person of the Year.

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To request an interview or photographs, please contact Jennifer Pilcher, the SBA’s Public Information Officer in the Delaware District Office, at 302-573-6294, ext. 222 or Jennifer.pilcher@sba.gov

This media alert does not constitute or imply an endorsement by SBA of any opinions, products or services of any private individual or entity.

The SBA is an independent federal agency, created in 1953, to assist small businesses to start, grow, and prosper. The SBA provides financial assistance by: (1) making loans to help families and businesses recover from national disasters and (2) providing loan guarantees to commercial financial institutions for working capital (7(a) loans), buildings/land/equipment (504 loans through the Certified Development Corporations), and for exports. Through our resource partners, the SBA also offers a variety of business development programs and services such as training, government contracting and export assistance. SBA resource partners include Small Businesses Development Centers, Women’s Business Centers, and SCORE (Counselors to America’s Small Businesses). For information on all of SBA’s programs and services, visit the Delaware District web site at www.sba.gov/de or call (302)573-6294.