American Express Open has returned to Atlanta to select eight high-potential women entrepreneurs for the “The Make Mine a Million $ Business program”. More than 200 women applied to compete in Atlanta and 15 finalists were chosen to vie for the eight awards packages. A panel of judges, women entrepreneurs and an audience at the National Association of Women Business Owners (NAWBO) Annual Conference selected the awardees based on elevator pitches explaining why their business plans had million-dollar potential. Currently, 3% of the 10.4 million women-owned businesses in the US generate $1 million in revenues annually. In Georgia alone, there are 260,865 women-owned firms with 6,883 operating over one million dollars in annual revenues. The following eight women were Atlanta awardees: Charisa Antigua is CEO of Oscar Newman, LLC; Kathryn Arbour is co-president of Capabilities; Sharon Brown is CEO of Selona; Lynn Do is president of RenovoData, Inc.; Ashleigh Hansberger is a principal of Motto Agency; Shaparak Kamarei, M.D. is co-founder Solaris Laser Institute; Jen Lyles is co-founder of FireSign, Inc. Count Me In for Women’s Economic Independence is the leading national not-for-profit provider of on-line business loans and resources for women to grow their micro businesses into $million enterprises.
NY-based National Envelope Corporation has unveiled card sleeves and mailing envelopes to help shield contactless payment cards in transit. The new “Smart Card Guard” uses a thin protective metallic barrier that is incorporated into a specially produced, easy-to-print substrate. The new product was developed late last year and tested early this year by InfoGard Laboratories. The Company said the new product was developed in response to a 2006 study by researchers at the University of Massachusetts-Amherst. The test of 20 smart cards showed encryption levels were not nearly strict enough to prevent easy interception of personal information. National Envelope manufactures approximately 50 billion envelopes a year via 21 manufacturing facilities in the U.S. and Canada. A report released last week by Packaged Facts projects that total contactless credit and debit cards in the U.S. will reach 109 million by 2011 from the current 27 million. (CF Library 5/2/07)