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07-14-2003

Page history last edited by PBworks 17 years, 6 months ago

July 14, 2003

ROMNEY CREATES NEW ENTREPRENEURIAL SPIRIT AWARD

Presents Inc. magazine founder Bernie Goldhirsh with first award posthumously

 

Governor Mitt Romney today recognized the innovation that drives the Massachusetts economy by establishing the Governor’s Entrepreneurial Spirit Award.

 

Romney said the newly created award, which is part of his ongoing campaign to grow jobs and spur the Massachusetts economy, will be presented monthly to an individual who has succeeded as an entrepreneur in Massachusetts and inspired others to turn their ideas into action.

 

He presented the first award posthumously to Bernard Goldhirsh, who passed away last month at age 63.

 

“Today, we remember and recognize a true entrepreneur,” said Romney. “The establishment of this award will help us show our appreciation to the individuals who contribute to our economy and generate new wealth, prosperity and jobs.”

 

“Each month, we will present this award to an individual who, like Bernie Goldhirsh, uses innovation and drive to grow small ideas into the businesses that make Massachusetts the leader we are.”

 

Throughout his career, Goldhirsh brought hundreds of jobs to the Bay State. In 1979, he founded Inc., the first magazine for small business entrepreneurs, and made it a near-instant success by turning a profit within two years and achieving a circulation of more than 650,000. Inc. began as a newsletter publishing business in Goldhirsh’s basement and ended up being sold for $200 million in 2000.

 

Goldhirsh’s success in magazines began with Sail, which focused on the practical interests of owners of small sailboats. In addition, Goldhirsh published various other magazines, including High Technology, which he sold in 1987, and Business Month, which closed in 1990.

 

“My father would have been very proud to receive this award,” said Ben Goldhirsh, Bernie’s son, who accepted the award on behalf of his family. “Entrepreneurial spirit was at the heart of his existence. Bringing this spirit to the public through Inc. magazine was one of his most important objectives and, in turn, one of his greatest successes. The jobs which Inc. created, directly through the magazine’s employment as well as indirectly through an inspiration of small business growth across the nation, is an achievement which gave my father heartfelt satisfaction.

 

Bernie’s son added, “My father believed each person was charged with leaving the world a better place then how they had found it. Undoubtedly, he succeeded in this quest.”

 

Goldhirsh was born in Brooklyn, New York and put himself through the Massachusetts Institute of Technology (MIT), where he received a bachelor’s degree in 1961. He served on the board of MIT’s Technology Review and the National Foundation for Teaching Entrepreneurship. Over the years, he received many awards including the Outstanding Entrepreneur of the Year Award from the University of Southern California School of Business, the Business News Luminary Award from TJFR, and the Henry Johnson Fisher Award from the Magazine Publishers of America.

 

Last month, Romney launched a summer long campaign called “Jobs First” to expand job growth. The “Jobs First” program is a component of the Governor’s TOPS program (Tapping Our Potential in the State). The initiative will employ a number of strategies to work with both large and small employers to attract, retain and create jobs in Massachusetts.

 

 

 

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