7 in Md. receive business awards

Ernst & Young lauds top entrepreneurs

June 21, 2008|By Laura McCandlish | Laura McCandlish,Sun reporter

Ernst & Young has named seven Maryland winners of its 2008 Entrepreneur of the Year awards, drawing from fields that range from biotechnology to engineering to automotive services.

The winners, who were presented at a Baltimore gala event Thursday night, now go on to compete for national entrepreneur award titles to be announced at an annual Ernst & Young event in Palm Springs, Calif., in November.

Maryland's youngest winner was Pikesville native Jason Goldsmith, 32, chief executive of CARCHEX, which assists consumers and dealers with the online sale of new and used cars and warranties.

CARCHEX is doubling its number of sales jobs this year and now has more than 100 employees at its Hunt Valley corporate headquarters.

Other honorees this year include:

*Kevin Dunbar, 49, president of Dunbar Armored Inc., a Hunt Valley-based armored car and security service provider with 5,200 employees nationwide and $255 million in revenue last year.

*Jeffrey Folick, 60, chairman and chief executive of Bravo Health Inc., a Baltimore-based Medicare health plan provider with 600 employees and $525 million in sales last year.

*Sridhar Gadhi, 36, president and CEO of Paradigm Infotech group, a global IT services provider with 1,000 employees stretching from Columbia to Canada to India. It had $45 million in revenue last year.

*Lee Jundanian, 47, chairman and CEO of Bethesda-headquartered RapidAdvance LLC, which provides cash advance services to small businesses and has 95 employees. The company would not disclose revenue.

*Dr. C. Randal Mills, 36, president and CEO of Columbia-based Osiris Therapeutics Inc., a developer of adult stem cell treatments that brought in $17.3 million in revenue and had more than 100 employees at the close of 2007.

*Francis Smyth, 47, president and CEO of Hunt Valley-based Century Engineering Inc., a full-service firm with just over $32 million in 2007 revenue and almost 400 employees at five office locations in Maryland, West Virginia, Delaware and Pennsylvania.

laura.mccandlish@baltsun.com

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