Family businesses honored at Northeastern University
Boston Business Journal - 06/11/2015
A car cleaning company, a supermarket group serving the Hispanic community and an electrical contractor took top honors Wednesday night in Northeastern University’s annual family business awards.
As in many business competitions, judges looked at areas such as innovation and positive community impact. In a departure from the usual criteria, the panel assembled by the university only considered firms that were being run by at least a second generation of the founder’s family.
“We look for multigenerational family involvement,” competition head Ted Clark of Northeastern said in an interview.
Clark described the event as “more of a party” with networking among business-owning families than the usual drawn-out function.
Several dozen companies were finalists.