AUGUSTA — Karen Gellis, proprietor of SwimLids, LLC in Saco, has been chosen the recipient of the U.S. Small Enterprise Administration’s 2020 Girl Owned Small Enterprise of the 12 months Award for Maine.
SwimLids produces hats and attire designed to guard in opposition to solar publicity, significantly for younger youngsters.
“Girls entrepreneurs are the fasted rising section of small enterprise possession. Constructing a enterprise utilizing the abilities and connections gained from private expertise and a earlier place is a well-known path for a lot of entrepreneurs,” mentioned Amy Bassett, SBA district director for Maine. “Karen is a serial entrepreneur and makes use of inspiration and creativity to provide merchandise that enhance the lives of her clients. She labored onerous to scale her operation and can undoubtedly proceed on to even larger success.”
Gellis started the enterprise in 2014, utilizing earlier expertise in attire corporations to get began. When the enterprise started to develop, she was in a position to safe an SBA-backed mortgage from Biddeford Financial savings Financial institution, now a division of Maine Neighborhood Financial institution, to finance working bills and fund prices for giant orders.
Gellis was nominated for this award by Cindy Convery, a business lender with Maine Neighborhood Financial institution.