Governor Davis Appoints ANC Official Kradjian to Key Post

LOS ANGELES–Governor Gray Davis announced the appointment of Raffi Kradjian to the State Assistance Fund for Enterprise–Business and Industrial Development (SAFE BIDCO).

The announcement was made in Sacramento and was followed by a press release from the Governor’s office.

Kradjian is the Executive Vice President of the Glendale-based Kradjian Importing Company. This international food products and import and distribution firm is known for its quality products and the increasing line of goods it imports directly from the Republic of Armenia.

Kradjian is currently an active member of the ANCA-WR Board of Directors.

"Governor Davis has made an outstanding choice," commented ANCA-WR Board member Raffi Hamparian. "Raffi Kradjian will certainly enhance operations at SAFE BIDCO–a body charged with improving the health of California’s small businesses. As everyone who has met him knows–Raffi Kradjian is a solid citizen. He is both active in California business affairs and active in strengthening the Armenian-American community.

"I am confident his fine business acumen and distinguished character will serve to boost the efforts of SAFE BIDCO in aiding small businesses in California," Hamparian added.

The California Legislature created SAFE BIDCO over 20 years ago in order to enhance the availability of financial assistance for small businesses in California. Currently–SAFE BIDCO operates several state and federal loan and guarantee programs that assist hundreds of California small businesses at all stages of their development.

SAFE-BIDCO acts as a catalyst for economic development in California–and serves as a non-traditional financing source for existing and start-up businesses whose financing needs are under-served by traditional lending institutions.

For more information on SAFE BIDCO visit: www.safe-bidco.com.

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