West Virginia and Massachusetts Woman-Owned Firms Take Top Honors in Federal Contracting

8(a) Graduate Firm of the Year; Industry Leaders also to be honored during National Small Business Week

Washington, Sept. 17, 2020 (GLOBE NEWSWIRE) — The U.S. Small Business Administration announced two women-owned firms will receive awards honoring their work in federal contracting.  

  • Action Facilities Management, Inc. (AFM), an 8(a)-certified commercial facilities management firm specializing in infrastructure and security support services from Morgantown, West Virginia;  and

  • Specialty Materials Inc. (SMI), a firm specializing in composite fiber and prepreg products that support the aerospace industry from Lowell, Massachusetts, has been named the National Subcontractor of the Year. 

These two women-owned small businesses were selected from among a strong field of candidates submitted by SBA’s ten regional offices.  

Small Business Prime Contractor of the Year:  

Diana Lewis Jackson, President, and CEO, Action Facilities Management, Inc. (AFM)
Morgantown, West Virginia

Diana Lewis Jackson is President and CEO of Action Facilities Management, Inc.

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Massachusetts’ wealthiest school districts would get nearly $500 million in state funding regardless of need, report says

Massachusetts Gov. Charlie Baker’s proposed fiscal 2021 budget gives the wealthiest 20% of school districts $498 million in funding at the expense of low-income districts due to factors that have nothing to do with need, according to an analysis by the Massachusetts Business Alliance for Education and the Greater Boston Chamber of Commerce.

The report, published Monday, questions “needs-blind” factors in the state’s education budget that get the wealthiest school districts hundreds of millions in Chapter 70 funding even though they can afford to operate with less or even no state aid. The report argues budget writers should redirect money from those funding sources to reduce the wealth gap between the wealthiest school districts and their less affluent counterparts.

“In this era of limited resources and with the spotlight on equity, we think this is exactly the right time to focus on equity and get the kids who need the

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Massachusetts higher education system receives $1.2 million in grant funding to make transformation toward racial justice and equity

The state Department of High Education more than a year ago applied for grants with a goal of pursuing equity and racial justice across public colleges and universities.

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Now, the department has announced that it has been awarded more than $1.2 million in grant dollars to do that work, which comes as the country is in the midst of tense conversations about race and the treatment of Black and Brown people in America. Massachusetts Commissioner of Higher Education Carlos Santiago said the dollars will help transform the system of public higher education.

The funding is from Lumina Foundation’s Talent, Innovation, Equity initiative grant and its Equity Institution grant. The dollars will help statewide and will also go to six institutions. Campuses receiving the grants are Holyoke Community College, Bridgewater State University, Bunker Hill Community College, Greenfield Community College, UMass Boston and Massachusetts College of Art and Design.

“We

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Istation approved by Massachusetts Department of Elementary and Secondary Education to provide early literacy screening assessments

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Billionaire David Shaw Pours Money Into 3 “Strong Buy” Stocks

Are the tides turning on Wall Street? Stocks fell in the past three trading sessions, as investors abandoned the tech heavyweights that have been at the forefront of the market’s remarkable charge forward. What’s behind the sell-off? Sky-high valuations reminiscent of the dot-com era have sparked fears of a tech bubble. To this end, investors are wondering if this pullback is just a correction, or if it is the start of a larger drawdown.In times like these, the legends can offer some guidance. We are referring to the people that transformed the way we play the investing game, namely David Shaw.A former Columbia University computer-science professor, Shaw founded the D. E. Shaw group at a small bookstore in New York City in 1988. Starting out with six employees and $28 million in capital, he pioneered a new investing approach,

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