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Modern Pastry, Inc. Wins 2014 Massachusetts SBA Family-Owned Business of the Year Award

Release Date: 
Monday, April 7, 2014
Release Number: 
14-14
Advisory Date: 
Thursday, October 16, 2014
Contact: 
Malise Sundstrom, 617-565-8417

BOSTON – Modern Pastry, Inc. has been named the U.S. Small Business Administration’s 2014 Jeffrey H. Butland Family-Owned Small Business of the Year award winner for the state of Massachusetts and the New England region, 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. Modern Pastry 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; and (4) Voluntary efforts to strengthen family-owned businesses within the community.   Modern Pastry was nominated for this award by Pasqual Kioumejian and Michael Savage, Vice Presidents with Rockland Trust.

Modern Pastry, Inc. is an award-winning, family-owned and operated Italian bakery. The company was founded over 70 years ago on Hanover Street in Boston's North End, where three generations of chefs have made hand-crafted Italian desserts. Modern Pastry employs approximately 30 full- and part-time employees and supports the North End community center, the Nazarro Center, the Meridian House, as well as many other non-profits in the area. With help from an SBA 504 loan, Modern Pastry acquired a commercial space next to their store in the North End, and the expansion will increase the company’s commercial space from approximately 1300 to 5600 square feet.

“Our judging committee thought that Modern Pastry was the perfect fit for this award,” said Robert Nelson.  “This iconic Massachusetts business has been passed from generation to generation with a mission of building life-long relationships with customers. It truly embodies the entrepreneurial spirit of a small business that strengthens the local economy and community.”

Owner Rosario McGee will be honored at an SBA awards breakfast along with the other Massachusetts Small Business Week 2014 winners at Lombardo’s on May 13, 2014.