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News Release

PRESS OFFICE – Arizona District Office               

Release Date:  March 24, 2014

Contact:  Stephen Hart (520) 620-7042(520) 620-7042(520) 620-

Release Number: 04-14

Internet Address: http://www.sba.gov/news

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SBA Honors Nation’s Top Small Businesses

Cynthia Reed of Miracorp Wins

Arizona Small Business Person of the Year

 

PHOENIX, AZ – In celebration of Small Business Week, the U.S. Small Business Administration is honoring Arizona entrepreneurs and small business champions for their contributions to the economy.  Over 97 percent of the businesses in the state are small businesses and have proven, year after year, to be the greatest sources of the innovation, jobs, and growth needed to fuel Arizona’s dynamic economy.

“Each year the SBA has the honor of spotlighting Arizona winners of our Small Business Week awards in a ceremony that recognizes and celebrates the entrepreneurial spirit and community activism that has long characterized the small business community of our great state,” said Robert J. Blaney, the District Director of the SBA in Arizona.  “As Arizona’s Small Business Person of the Year, Cynthia Reed represents well the many small business owners who are the risk takers, the innovators and the employers whose contributions power our economy and daily serve our communities as local leaders.”

Today, Cynthia Reed is President and CEO of MIRACORP, Inc., in Mesa. Hers is a story too rarely celebrated these days. A veteran, Cynthia completed her service in 1989 and took a job with Vector Research, where she applied her military experience to a variety of projects, including financial analysis and budgeting; configuration management for system software development projects; and supporting economic analysis simulations for various Department of Defense offices. 

The birth of her daughter in 1998 compelled Cynthia to pursue a better work-life balance. Her know-how became the foundation of MIRACORP, a small consulting firm started in 1999 in a bedroom converted into an office. Cynthia’s one-person consulting business today occupies a 6000 square foot company-owned office building and boasts 122 employees.

With a presence in Washington DC, Virginia, New Hampshire, Vermont, Florida, Texas, Colorado, Montana, Nevada, California, and Washington State, and a record of serving federal agencies, including the Departments of Energy, Air Force and Agriculture, Veterans Affairs and Homeland Security, you might say Cynthia is a master of the art of market penetration.

In 2008, Cynthia received 8(a) approval and since has guided MIRACORP to an 850 percent growth in revenues. Offering management and general and medical administrative services, MIRACORP offers customers a myriad of services including: accounting and finances, personnel support, environmental compliance, warehouse management, medical records management, education and training, competitive analysis, market analysis, and strategic planning, to name a few.

Business success has not been Cynthia’s only pursuit over the past 15 years. Community service is part of MIRACORP’s corporate culture and its founder’s personal passion. That translates into support in the forms of time, money, and services for groups such as the Sunshine Angels, which supports children living within the Arizona Child Protective Services system; or monthly donations of car seats to the Veterans Moms and Babies program: or chairs to the MANA House, which offers transitional housing for homeless male veterans trying to get back on their feet.

Cynthia’s story is more than that of a mom growing a home business into a $7 million company with a nationwide presence. It is also one of a veteran who built upon her training, grew her experience in the private sector, and put her stamp on a company that pursues excellence in service and corporate citizenship.

National Small Business Week will be celebrated in Washington, D.C. from May 12 to 16.