04/17/2008
CONTACT: Barbara Quandt, 317-638-4447 or Jason Brewer, 202-406-4435
Catherine Popp Hoffman honored for commitment to small business and dedication to community
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Catherine Popp Hoffman |
INDIANAPOLIS -- Attorney and small business advocate Catherine Popp Hoffman was named Indiana Solveras/NFIB Small Business Champion today by America's leading small business association, the National Federation of Independent Business.
Each year, NFIB selects a small business owner in each of the 50 states for special recognition and honors him or her with its prestigious Small Business Champion of the Year award.
"Throughout her career, Catherine Popp Hoffman has been a remarkable advocate for the small business community," said Barbara Quandt, NFIB/Indiana state director. "She has managed a small business as the head of her own law firm for more than 16 years, and in that time she has been a tireless promoter for small businesses not only in her community, but across the state of Indiana.
In 2003, Catherine created HB Capital, a venture capital business dedicated to creating new jobs in Indiana through creative financing and leveraging of the federal new market tax credit program in combination with other state and local tax incentive programs. HB Capital joined forces with the Community Bankers Association of Indiana to secure $19.5 million in tax credits for state employers.
In four short years, the HB Capital joint venture has facilitated financing for a $6.5 million paper plant manufacturing facility in Marion, a $10 million expansion for a 40-year-old family-owned advanced gasket technology manufacturing company in Indianapolis, a $6 million office building for a Bloomington venture capital company that manufactures and develops advanced technology proton cancer treatment facilities and a family-owned $20 million water park in French Lick. As a result of these efforts, 400 new jobs have been created across Indiana.
"Catherine is dedicated to supporting fellow entrepreneurs, and her efforts to attract and cultivate new businesses are helping to create jobs and spur development in communities all across our state," Quandt said.
In addition to her dedication to her clients and her hard work for small business, Catherine also serves on the state board for the Indiana chapter of the March of Dimes and chairs an annual event that has raised over $400,000 for their cause.
"Giving back to the community is just something that is second nature to Catherine," Quandt said. "NFIB is proud to recognize Catherine for the hard work and dedication with which she has helped countless entrepreneurs to grow their business right here in Indiana."
