Small Firm, Big Opportunity
Monika Stenger was managing the office of a company that received its Small Business Enterprise (SBE) designation back in 2000, and so when she started her own electrical contracting company later that year, pursuing certification to open up the marketplace for opportunity was a key priority. Already familiar with challenging barriers due to both her gender and ethnicity, particularly in the construction industry, Monika worked hard to get ServiTech, Inc. certified.
The firm currently competes as an MWBE, DBE, SBE, EBE, and ACDBE*, among others. Together, these certifications provide a significant opportunity for ServiTech to grow and thrive.
Working at DIA and on other city contracts, ServiTech’s volume of business today is four times what it was without certification. “I would not be in business today if it wasn’t for Denver’s small, disadvantaged and minority- and women-owned business programs,” Monika says. “These adjectives may sound demeaning to some, but the City has made them empowering words. This is a story of a great city that is not willing to leave a large sector of the population behind—a city where dreams can come true.”
Meanwhile, directly responsible for her firm’s financial management, marketing, research, contract negotiation, recruitment, and teambuilding, Monika sounds a lot like any entrepreneur. “I often find myself exhausted and at times I want to quit, but really, I have a great opportunity here, a chance to be my own boss, to create employment, to impact a community, to make a difference.”
* Minority and Women Owned, Disadvantaged Business Enterprise, Small Business Enterprise, Emerging Small Business, and Airport Concession Disadvantaged Business Enterprise.