Tim and Valerie Doherty to be Named Entrepreneur of the Year
MINNEAPOLIS—(September 9, 2008)—Tim and Valerie Doherty, co-founders and owners of Doherty Employment Group, will be presented with the University’s Entrepreneur of the Year award at 5 p.m. on Thursday, Sept. 11, at the University of Minnesota McNamara Alumni Center, 200 Oak St. S.E., Minneapolis. The ceremony will feature welcoming remarks from President Robert Bruininks and also announce the winners of the 2008 Minnesota Cup, a competition that encourages entrepreneurial spirit and highlights the position of the University of Minnesota as a hub for innovation.
“This is a terrific success story of an entrepreneurial couple working together over a 25+ year period to build one of Minnesota’s outstanding businesses,” said John Stavig, professional director of the Gary S. Holmes Center for Entrepreneurship at the Carlson School of Management at the University of Minnesota. “Working as a true entrepreneurial team, they’ve utilized technology and creativity to provide innovative services that add value to their clients. We’re proud to recognize them with this award and to claim them as our alumni.”
Both Tim and Valerie are alumni of the University of Minnesota. Tim graduated from the Carlson School of Management in 1976 and Valerie from the law school in 1979. Tim is a frequent guest lecturer in MBA entrepreneurship classes and both have been active supporters of the entrepreneurship program at the Carlson School.
After founding the business as Quality Temp in 1980, Tim and Valerie have grown the firm to over $400 million in annual revenue, servicing more than 10,000 worksite employees. Tim currently serves as Chairman and Valerie as Chief Executive Officer. Headquartered in Edina, Doherty Employment Group is a leading provider of staffing, human resource outsourcing, payroll and recruiting services.
About the Minnesota Cup
In just four years since its inception, the Minnesota Cup competition has spurred over 2,500 entries from 48 counties around the state. The competition’s mission is to seek out, support, celebrate and promote Minnesota's newest, most innovative business ideas and connect resident entrepreneurs with leading executives, investors and the University of Minnesota. The Holmes Center and alumni founders of the competition hope it will inspire new business ventures and drive economic growth in the state of Minnesota.
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