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Grijalva Allen Awarded Contract Unprecedented 5th Year

HOUSTON – February 21, 2005 – Grijalva & Allen, P.C., a Houston-based CPA firm that provides tax and business consulting services, announced today that it has been awarded an unprecedented fifth year contract to manage the Houston Minority Business Development Center (HMBDC) by the US Department of Commerce’s Minority Business Development Agency.

The HMBDC, which provides hands-on management consulting and technical assistance to minority-owned businesses to help them compete more effectively, has been recognized as the top performing center in the country for the past four years. Contracts to manage the centers are typically up for bid every three years. As a result of its excellent performance however, the Houston center is the first of 42 nationwide to be awarded funding for a fifth year.

Criteria for evaluating a center’s performance include: number of clients assisted, number of client service hours provided, dollar value of awarded transactions, number of completed work products, client satisfaction and program management.

“Grijalva & Allen is honored to have been awarded the contract to manage the HMBDC for an unprecedented fifth consecutive year,” said Antonio Grijalva, CEO of Grijalva & Allen, P.C.

Grijalva credits G&A’s staff and its project director, Milton Thibodeaux, with the center’s consistently strong performance. “Milton and his staff are uniquely qualified to recognize the needs of these developing businesses and respond accordingly,” said Grijalva.

“While being awarded this fifth year affirms our efforts to date, we have no intention of slowing down or resting on our laurels,” said Thibodeaux. “My staff and I respect the responsibility we hold in helping minority business owners achieve their goals and we look forward to expanding the center’s reach within Houston’s growing minority communities.”

Through the center, Thibodeaux and his staff consult with clients on loan feasibility and structuring, capital sourcing, financial management, business and market plan development, minority certification and identifying contract opportunities in the public and private sectors. For more information, call 713-644-0821 or visit www.houstonmbdc.com.

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