On the recordMay 10, 2012
every year the U.S. Small Business Administration, SBA, honors our country's local entrepreneurs, hardworking Americans who have built businesses from ideas and created jobs for their communities. I would like to congratulate the eight outstanding entrepreneurs from Connecticut who were recognized in 2011, most especially, A. Gregory Bachmann of Torrington, Connecticut's DYMAX Corporation, who was named 2011 Connecticut Small Business Person of the Year. The SBA has advocated for small businesses in Connecticut since 1953, providing assistance through the Federal Small Business Innovation Research, SBIR, Program, facilitated at Connecticut Innovations. This support has included more than $500 million of financing, education and training, and procurement aid for individuals with big ideas and businesses wanting to expand by taking technological risks. The winner of the Small Business Person of the Year award must meet eight sets of criteria, including staying power, growth in number of employees, increase in sales and/or unit volume, current and past financial performance, innovativeness of product or service offered, response to adversity, contributions to community-oriented projects, and the products exported and markets served. In 1979, Mr. Bachmann inherited the business his parents had started in their basement. Now, DYMAX makes its home in a 100,000 square foot building and operates facilities globally, including in Germany, China, Hong Kong, and Korea.…





