WASHINGTON, May 1, 2017 /PRNewswire/ -- StreetShares accepted the Professional Service Innovator of the Year Award last week at the Greater Washington Innovation Awards. The awards honor thought leadership, innovation and creativity of individuals and organizations in the Greater Washington, D.C., metro region.
"We're honored to be named the Professional Service Innovator of the Year," said Mark L. Rockefeller, CEO of StreetShares. "This award is a tribute to StreetShares' outstanding team and our rapidly growing population of more than 35,000 members and customers."
The Professional Service Innovator of the Year Award is given to an organization in industries such as accounting, legal, financial services, real estate, etc. It goes to an individual or organization for delivering an innovative internal or external product or process.
StreetShares was nominated for the award based on its Veteran Business Bonds investment product. Veteran Business Bonds are a social-impact investment that allows individual investors to earn solid returns while supporting military veteran entrepreneurs and members of the small business community. Investors can open a Veteran Business Bonds account and invest as little as $25. Money invested in Veteran Business Bonds is automatically diversified and put to work funding Main Street and Veteran-owned small businesses. The bonds currently pay a fixed 5% interest rate on investments and can be accessed at any time; some fees and limitations apply.
"StreetShares is here to fund the next great generation of veterans and small business owners including government contractors. Our Veteran Business Bonds investment product allows the American public to join us in that effort," said Rockefeller. StreetShares was also a finalist for the Emerging Tech Innovator of the Year Award.
"The 2017 Greater Washington Innovation Awards™ winners represent the most-forward thinking companies in our region," said Jim Corcoran, Northern Virginia Chamber president and CEO. "They are shaping the future of business as we know it. We applaud each of the winners and finalists for their contributions to the Greater Washington business community and beyond."
StreetShares provides financial solutions for America's heroes and their communities. Business owners get fast, affordable business loans. Investors earn solid returns. As a leader in the affinity-based lending model, StreetShares focuses on the military and veteran business community. Membership is free. StreetShares underwrites and originates term loans and lines of credit, and provides government contract financing. StreetShares is veteran-run and located outside of Washington, D.C.
Shauna Vo Pulayya