Guam - Several of Guam's top entrepreneurs were honored today by the U.S. Small Business Administration during a ceremony at the Latte of Freedom. Every year the SBA recognizes local business owners for their accomplishments as the island's leading small businesses and champion of small businesses.
Recognized today were Cencio Tan Vy as Small Business Person of the Year; and Vicente Ada, awarded the Jeffrey Butland Family-Owned Small Business of the Year.
The latter's son, Senator Tony Ada, spoke on his behalf reading the speech his father prepared. "Family is only as strong as the bonds that bind them together; I am so proud of each of you," he said. "This final thank you that I saved for the most special person in all my life and it's also the hardest one to make...to my wife, my business partner, my life partner thank you for our children and the life we made together."
Senator Ada's mother recently passed away. The family owns Ada's Mortuary.
In the meantime, Monica O. Guzman was named the Women in Business Champion of the Year; Reanna Cruz the Financial Services Champion of the Year and Albert Wu was recognized as the Minority Small Business Champion of the Year.