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News Release

May 31, 2002

Unique Handbags Send Kids to College, Propel
Business Owner to Entrepreneur of the Year

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NEWS MEDIA CONTACT
Susan Sponar
Telephone: (505) 241-2768

Albuquerque: Some of the most innovative and successful small business owners in New Mexico, often overlooked in traditional awards programs, will be recognized during today’s annual PNM Entrepreneurial Awards program.

The Entrepreneur of the Year award will go to Albuquerque’s Yolanda Chavez, owner and founder of Carmen Handbags, a business that was borne out of Chavez’ desire to send her two children to college.

Chavez and six other New Mexicans will be honored at a luncheon today at Albuquerque’s Sheraton Old Town, 800 Rio Grande Blvd., N.W. The awards portion of the program begins at noon. U.S. Rep. Heather Wilson will be the keynote speaker for the program.

Fifteen years ago, Chavez starting sewing handbags herself and selling them door-to-door in Albuquerque’s Old Town area. Today, Chavez has her own storefront in Old Town as well as a manufacturing facility in the city’s South Broadway area. Carmen Handbags makes more than 70,000 handbags a year for clients worldwide.

“Yolanda and the other winners today represent some of the most dedicated, hardworking and persistent small-business owners in New Mexico,” said Jeff Sterba, PNM’s chairman, president and CEO. “They’re really the backbone of New Mexico’s economy, and we’re honored to play a part in recognizing them.”

“Hearing the awards winners’ stories of struggle and perseverance reaffirms my commitment in human creativity and human passion,” said Agnes Noonan, executive director of WESST corp, a statewide business assistance organization and host of today’s event. “PNM deserves a lot of credit for having the vision to honor these incredible individuals.”

Awards will also be given today to:

  • Yvonne Braziel and Yvette Peacock, owners of Del’s Restaurant in Tucumcari, as Rural Entrepreneurs of the Year: Braziel and Peacock own and operate Del’s Restaurant, an alluring landmark and resting place on historic Route 66 in Tucumcari since 1956. The restaurant and its employees are committed to the principles of quality improvement. In addition to providing more than 30 jobs to the local economy, Braziel and Peacock also are heavily involved with local community and business organizations. They also recently established Del’s Restaurant Scholarships, which are awarded to four local students each year.
  • Crystal Holiday and Patricia Lindenfelser, owners of Generations Personal Care Agency in Farmington, as Emerging Entrepreneurs of the Year: Holiday and Lindenfelser recently launched Generations Personal Care Agency as a way to create jobs and provide long-term home care to Medicaid recipients in rural northwest New Mexico. Under the agency’s Personal Care Option, Holiday and Lindenfelser actually hire and train a family member or friend of a Medicaid recipient to provide in-home care to the receipient. As a result, a family member or friend earns an adequate wage while the recipient is able to remain at home rather than be taken care of in a long-term care facilty.
  • Julie Coleman, owner of J.C. Electric in Portales, as recipient of the Pioneer Award: Coleman is the successful owner of a business in Portales that specializes in electronic motor repair and rewind. She is a third-generation rewinder with more than 20 years of experience. As a woman in a traditionally male-dominated field, Coleman has shown a commitment to bringing other women into the field. Her first full-time hires after starting the business full-time in 1999 were participants in a welfare-to-work program.
  • Susan Voigt, owner of Imaging Mental Health in Roswell, as recipient of the Rising Star Award: Voigt receives the Rising Star Award for having overcome great obstacles in starting and maintaining her art-therapy business in Roswell. Most of Voigt’s patients are adolescents, and many of them receive treatment through Medicaid benefits. As a sole proprietor, Voigt says the intricacies of insurance protocols, denials and resubmissions can be both a financial and emotional test. And despite reductions in Medicaid reimbursement levels, Voigt’s business remains successful.
  • Donna Fletcher, owner of Downtown Child Care in Albuquerque, for the Leadership Award: Fletcher has operated two nationally-accredited early care and child education centers for 15 years, while simultaneously raising her own children and also earning a early childhood and multicultural education degree from TVI. In addition, Fletcher has been an outspoken policy advocate for early childhood education and has been instrumental in passage of several early childhood education bills in New Mexico.
  • Jill Duval, publisher of New Mexico Woman Magazine, for the Entrepreneurial Advocate of the Year Award: Duval, a long-time advocate for women-owned businesses in New Mexico, publishes New Mexico Woman Magazine and the New Mexico Women’s Business Directory and is host of the Top 25 Women-Owned Businesses, an annual event that celebrates the state’s largest women-owned enterprises.