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2024 Small Business Award Recipients Announced


Small Business of the Year

This year, K&B True Value Hardware is celebrating 50 years in business and providing quality products but more importantly personalize customer service. In 2007, the founders Ken and Bobbie Niefeld sold the business to their daughter and son-in-law Marlene and Jared Littmann. Since then, K&B True Value has not only competed with big box retail stores they have thrived and become a valuable part of the Annapolis business and civic community.

Woman Owned Business of The Year

  One. Physical Therapy & Wellness was started eleven years ago by Jennifer Balducci & Christina Thomas. Their goal was to bring together all the best physical therapists, alternative care therapists & exercise specialists all in one location. This woman led business provides personalize treatments for their clients that truly make a difference in their lives. Jennifer & Christina have been a driving force behind the SOFO business association & maintained a strong commitment to helping other women owned businesses.

Minority Owned Business of the Year

Magothy Payments was founded in 2014 by Jaron Rice and provides affordable and transparent credit card processing services to a wide range of businesses. There are 1400 registered ISOs (independent sales organizations) in the US serving the payment processing market, less than 10 of them are owned and operated by African Americans. Jaron received the BBB’s Torch Award for Ethics in recognition of his efforts to pass legislation to protect small businesses from unfair practices of large merchant services companies.

Emerging Business of the Year


BluZone is dedicated to elevating your well-being through personalized IV and Hyperbaric Oxygen Therapies. They seamlessly blend innovation, luxury, and convenience, offering treatments tailored to boost your physical and mental vitality. Heather Lamb, R.N,, is a “nurse entrepreneur” and the founder of BluZone. She has partnered with many other local businesses to bring an exciting and innovative form of personal health care to Anne Arundel County.

Non-Profit of the Year


Joy Cortina is the Founder and Executive Director for the Life of Joy Foundation. The Life of Joy has become an important resource to provide support for people, particularly teenagers who are experiencing depression, anxiety and suicidal ideation. By taking a holistic approach the Life of Joy is able to help more people overcome struggles and build a sustainable life. Using the power of prayer. music and thanksgiving they provide meaningful support.

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