30 Twosome Drive Moorestown NJ, 08057

30 Twosome Drive Moorestown NJ, 08057

30 Twosome Drive Moorestown NJ, 08057

Parts Life Inc’s Sam Thevanayagam to Participate in Entrepreneur Mentoring Program

Selected as Mentor in the Greater Philadelphia Area 

Philadelphia, PA, December 14, 20011: Parts Life Inc President Sam Thevanayagam will serve as a 2011-2012 Participant in the Entrepreneur Mentoring Program (EMP), an Inc. magazine – William J. Clinton Foundation Partnership, in the Greater Philadelphia area. EMP facilitates structured, high-impact mentoring relationships over a one-year period between some of the nation’s most successful business leaders and entrepreneurs running emerging growth companies in America’s underserved communities.

“I am very excited to be able to work with EMP and my designated mentee to pass on my knowledge and lessons learned as an entrepreneur,” said Mr. Thevanayagam. “This is a very important program that promotes the entrepreneurial spirit that makes this country so great and I am honored to be a part of this undertaking.”

Thevanayagam is owner of Parts Life Inc. (www.partslifeinc.com), an award-winning small business that facilitates the sustainability of military and civilian customer’s mission critical assets by delivering obsolescence planning and execution. Recent winner of a Seaport Contract to support the Navy Surface Warfare Center in Indian Head, MD, the company serves customers with engineering services, integrated logistics, manufacturing solutions and program management. Parts Life’s unique solution, ROPE (Rapid Obsolescence Planning & Execution), optimizes the diverse options of executing supply plans that include repair, remanufacturing and form, fit and functional replacements. The company’s extended enterprise includes qualified sources able to manufacture to demand quantities reducing inventory investment and obsolete inventories.

About the William J. Clinton Foundation

The William J. Clinton Foundation is a nonpartisan 501(c)(3) organization, founded by President Bill Clinton with the mission of strengthening the capacity of people throughout the world to address pressing global challenges. Working in collaboration with governments and other partners, the Foundation applies a

unique problem-solving method to each of its seven initiatives, which work to combat the HIV/AIDS pandemic, fight climate change, and develop sustainable economic growth in Africa and Latin America. In the U.S., the Foundation works to tackle the childhood obesity epidemic and helps to expand economic opportunity by increasing access to low-cost financial services and empowering entrepreneurs. Through these efforts, the Foundation has helped 2 million people living with HIV/AIDS access lifesaving treatment, 40 cities fight global climate change, and over 5,500 schools promote healthier educational environments. Learn more at www.clintonfoundation.org.

About Inc.

Inc., the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today’s innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures LLC publication, inspires and informs, with cutting-edge coverage that reflects our reader’s energy, brashness, and imagination. Visit Inc. at www.inc.com.

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30 Twosome Drive Moorestown NJ, 08057

Part ic ipant Prof i le

This year, Philadelphia joined with a group of select major cities across the country to participate in an SBA training initiative called Emerging 200, or “E-200.” E-200 is a pilot training initiative that immerses owners of promising inner city businesses in a con-densed, MBA-like curriculum de-signed to stimulate urban econo-mies by helping their most prom-ising businesses grow.

Philadelphia Mayor Michael Nutter and former SBA Adminis-trator Steve Preston both spoke passionately about the initiative and the positive impact it will have on the Philadelphia econ-omy at the March 27, 2008 pro-gram launch. They were joined at that event by many leaders of community organizations and businesses throughout the city, several of whom are co-sponsoring the Initiative.

Through the SBA Emerging 200 initiative entrepreneurs will par-ticipate in an intensive and com-prehensive training program fo-cused on developing business growth strategies and attracting capital to fuel that growth. Par-ticipants will also work with ex-perienced mentors, attend work-shops, and develop connections with banks and the private equity community.

“It [has been] clear from [the] first [E-200] session that what we have here is lightning in a bottle,” said David Dickson, District Direc-tor of the SBA’s Philadelphia Dis-trict Office, which is administering the Initiative in the Philadelphia. “Mayor Nutter sounded the rally-ing cry at the Initiative’s Philadel-phia launch in March for the ur-ban small business community to seize the opportunity to join in

this Initiative, and the rising stars of that community re-sponded in force. They came into this training with their businesses poised on the brink of real growth, and there is no limit to what they can accomplish with the tools and relationships they will take from the Initiative.”

In the weeks to come, the Class of 2008 will attend E-200 sessions focusing, in turn, on growth goals, market-ing, sales, financials, export-ing, government contracting and accessing capital. Through this coursework, the class will work with mentors, develop connections with banks and the private equity community, and draft a growth plan for their own busi-nesses.

The Class of 2008 include:

• Aardvark Pest Management, Inc.

• China Power & Light, Inc.

• CKG Architects

• Clinton Street Bed & Breakfast

• Friday Archi-tects/Planners, Inc.

• Glasstoration Technologies, LLC

• J. Cabot Catering

• K.I.A. Design and Construction

• Leahy Caregivers, Inc.

• Loughner and Associates, Inc.

• M. Davis & Co., Inc.

• Pamela Gallo Consulting

• Parts Life, Inc.

• Quintessence Multimedia

• Top of the Clock

• Untra Corporation

• Urban Harvest Partnership, LLC

• VEYKO, Inc.

• W.P. Cooke.

The Emerging 200 Initiative in Philadelphia is co-sponsored by:

• City of Philadelphia

• AMEC Earth and Environmental, Inc.

• Asian American Chamber of Commerce of Greater Philadelphia

• Delaware Valley Industrial Resource Center

• Greater Philadelphia Chamber of Commerce

• Greater Philadelphia Minority Business Strategic Alliance (GPMBSA)

• Hispanic Association of Contractors and Enterprises (HACE)

• PNC Bank

• Service Corps of Retired Executives (SCORE ), Phila-delphia Chapter

• Sovereign Bank

• Urban League of Philadelphia

• Women’s Business Develop-ment Center

Other cities across the United States that are engaged in the Emerging 200 Initiative are:

Albuquerque; Atlanta; Baltimore;

Boston; Chicago; Des Moines; Memphis; Milwaukee; and New Orleans.

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S B A E 2 0 0 - H E L P I N G S M A L L B U S I N E S S E S S T E P I T U P !

S B A P H I L A D E L P H I A D I S T R I C T O F F I C E C O N T A C T S F O R E 2 0 0

“It has been clear from the first E-200 session that what we have here

is lightening in a bottle,” said David Dickson,

District Director of the SBA’s Philadelphia

District Office.

Dave Dickson, District Director

215-580-2700

david.dickson@sba.gov

Michael Kane, Business Development Specialist

215-580-2707

michael.kane@sba.gov

Jennifer Pilcher, Public Information Officer

215-580-2703

jennifer.pilcher@sba.gov