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NBEDC loan officer wins SBA award for women-owned
business advocacy
 Nancy
Gibeau, New Bedford Economic Development Council senior
loan officer, has been selected to receive the US Small
Business Administration’s 2007 Massachusetts and New
England Women in Business Advocate awards. The
announcement was made by Maurice Dubé, Massachusetts SBA
Director.
The Women in Business Advocate award is presented
annually to an individual or individuals who have
fulfilled a commitment to the advancement of women’s
business ownership.
“Nancy Gibeau exemplifies the talent, business savvy and
vision required to be a recognized leader in the
southeastern Massachusetts business arena.” said SBA
Director Dubé. “This award is an example of the high
regard in which she is held in her community.”
While Ms. Gibeau has worked in banking, lending, and
economic development for more than 15 years, the SBA
award is recognition for her efforts to increase
business and financial opportunities for women. In her
current position, Nancy has provided millions of dollars
in financing to women-owned businesses throughout
southeastern Massachusetts.
NBEDC executive director Matthew Morrissey said, “Nancy
is an invaluable member of our team. Her work is very
important to the mission of this organization. Our
lending program is up 230% from last year and Nancy’s
fine work is well reflected in that increase. We are
especially proud of Nancy’s outreach work to women who
are starting up or expanding their business.”
As loan officer, Nancy is responsible for several types
of NBEDC loans and often helps business owners find
conventional financing. “I’ve seen a significant
increase in women-owned business loans over the 6 and a
half years I’ve worked at the NBEDC,” said Ms. Gibeau.
“From the dream stage to the multi million dollar level,
we’ve seen all kinds of business start up and flourish.”
Ms. Gibeau volunteers countless hours counseling and
educating women. She has created and sponsored training
workshops for low income and disadvantaged women, and is
a major player in an annual business forum for women,
and volunteers to help school age girls and boys. Among
her partners are the YMCA, YWCA, SBA, Center for Women
in Enterprise, and Commonwealth Corporation.
“I am honored to be considered for this award,” said Ms.
Gibeau. “I’m happy to lend my experience and help,
especially to women in business.” The award will be
presented May 11 at an awards luncheon sponsored by the
Merrimack Valley Chamber of Commerce. |
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