Fayetteville-based WECC, Inc. Named 8(a) Graduate of the Year for 2014 in North Carolina and the Southeast
CHARLOTTE – Mamo Meaza owner of WECC, Inc. of Fayetteville, has been named the 8(a) Graduate of the Year for 2014 by the U.S. Small Business Administration. He has received this distinction for both the state of North Carolina and the SBA Southeastern Region, which is comprised of Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina and Tennessee.
The 8(a) Graduate of the Year award is presented annually to an outstanding business that has graduated from the SBA’s 8(a) business development program for government contracting, and has a proven track record of business success. WECC, Inc. was judged on four basic criteria: uniqueness of the firm and originality of entrepreneurship, response to adversity, participation in community projects, and demonstrated commitment to a social mission in hiring policy.
“I am honored to receive these awards,” said Meaza. “The 8(a) program creates important opportunities that were instrumental to both WECC’s and my personal success.”
Founded in 1997, WECC is a general contracting firm with emphasis on commercial and industrial building construction, site and utilities work, railroad construction and maintenance, and bridge and street construction.
Before entering the 8(a) program WECC performed work with local municipalities, North Carolina State Construction, North Carolina Department of Transportation Fort Bragg and the Army Corps of Engineers.
WECC entered the SBA 8(a) Program in October 2002 and graduated in 2011. The last three years in the program were during a significant downturn in the construction industry. Meaza’s leadership helped WECC maintain financial stability and bonding capacity.
As an 8(a) firm WECC successfully participated in contracts at Pope Air Force Base, Camp Lejeune and the National Institutes of Health.
Meaza made it a priority to assist other 8(a) participants, Service-Disabled Veteran-owned firms and other small businesses through teaming arrangements and mentoring.
“WECC is a true success story,” said SBA North Carolina District Director Lynn Douthett. “They are a clear example of a business that used contracting through 8(a) Program status to grow and prosper.”
The awards will be presented at the 2014 Small Business Week Luncheon hosted by The Support Center on Thursday May 8, 2014 at the North Raleigh Hilton.
# # #