"Anyone involved with a family-owned business would benefit by being a member of the IFOB. You will meet other family business owners who have had many of the same challenges. And you will find the right expertise to successfully guide you and the development of your company."
- Adam Lee, Chairman, Lee Auto Malls
2022 Maine Family Business Award Criteria
Members and future members of the IFOB are encouraged to apply for the awards. You do not need to be a member of the IFOB to apply. Self-nominations are welcomed and encouraged. The nominations are open to ALL family-owned businesses in Maine.
Family businesses can be nominated for one or more awards, simply pick from the list below for what categories would be the best fit. Businesses can only win once in a category. They can win in others. For a list of past winners click here.
Maddy Corson Small Business Award: The Maddy Corson Small Business honoree is a company with fewer than 25 full-time (year-round) employees that demonstrates excellence in the following areas:
Renys Large Business Award: The Large Business honoree is a company with 25 or more full-time (year-round) employees that demonstrates excellence in the following areas:
Shep Lee Community Service Award: The Shep Lee Community Service honoree is a business of any size that demonstrates excellence in the following areas:
Chalmers Insurance Group Customer Service Award: The Customer Service honoree is a company of any size that demonstrates excellence in the following areas:
M&T Bank Innovation & Technology Award: The Innovation & Technology Award honoree is a company of any size that demonstrates excellence in any or all of the following areas:
Holiday Inn By The Bay First Generation Award: The First Generation honoree is a company of any size, with at least one family member serving as an active equity owner and at least one family member active in the business on a regular basis. The business must not have transitioned yet from one generation to the next. The honoree will be chosen based on overall excellence among the awards listed above.Geiger Environmental Leadership Award: Environmental Leadership Award honoree is a company of any size that demonstrates excellence in any or all of the following areas:
BerryDunn Lifetime Achievement Award: Voted on by the IFOB board, the BerryDunn Lifetime Achievement Award is given to an individual who has demonstrated sustained success, leadership and innovation in his or her own family business, to the IFOB, and to the broader community.
To mark the Institute’s 25th anniversary in 2019, the IFOB presented its first Lifetime Achievement Award to Maddy Corson. Maddy is the quintessential example of what it means to be a strong leader and advocate for Maine businesses. It only seems fitting that this award was given out on the 20th anniversary of the Maine Family Business Awards, which all started as an idea from Maddy two decades ago and has recognized 106 businesses and counting. Maddy was the fourth generation of her family business, Guy Gannett Communications.
In Memory of Harry Fraser, 1952-2021
The IFOB Board recently honored Harry Fraser with the 2nd Annual BerryDunn Lifetime Achievement Award at the 2021 Maine Family Business Awards this past October. Shortly after, Harry passed away.
Harry was the President of The H.G. Fraser Group, LLC, a management consulting firm specializing in helping businesses move to the next level. Previously Harry held the positions of: CEO of Alcom, LLC, a premier trailer manufacturer headquartered in Winslow, ME; CEO of Johnny’s Selected Seeds, a 100% employee-owned company headquartered in Maine; CEO for Thos. Moser Cabinetmakers of Auburn, ME; Manufacturing Plant Manager of an $800M business segment of Digital Equipment Corporation in Augusta, ME.
He always had a passion for family-owned businesses and was a student of ESOP’S. He sat on the Board of Directors for a number of employee-owned and family-owned businesses. He was also the past chair of the IFOB and was most recently on our Advisory Board. He was an amazing man and he'll be forever missed.