’s (UBC) inaugural Black Business Excellence Award Banquet on February 8, 2024.
Sherrita “Rita” Magalde, founder and owner of the pastry shop Sheer Ambrosia, took home the night’s top prize—$5,000 and the title of UBC Business of the Year.
The UBC also recognized corporate chamber members and businesses in seven different categories. Winners were selected by the public, with close to 1500 total votes cast.
“Rita’s win is indicative of how she does business,” says Dr. Sidni Shorter, CEO of the UBC. “That’s absolutely how she approached campaigning for this award. She created newsletters, emails, and social media. She used all the business practices that have made her business successful to begin with—and she has a great product.”
Magalde expressed her gratitude and pride for the recognition in a recent LinkedIn post and said Sheer Ambrosia is just beginning its growth journey. “Thanks again to everyone who loves me, my business and my baklava,” she said. “I will continue to work extra hard to make you proud because I love you too.”
Shorter says the UBC is one of the most diverse chambers in the country and hosted the awards banquet to draw attention to the work, accomplishments and interests of businesses that might be otherwise overlooked. “We are a chamber of commerce. We are about business,” Shorter says. “We wanted to elevate and expose these businesses to further opportunities.”
Black-owned business category winners:
Arts and Entertainment: Changing Lanes Entertainment GroupServices: JirieFood and Beverage: Eats BakeryMedia: VidzualRetail: Esensually YourzB2B and Business Consultants: i3PMINCCommunity and Social Impact: OurSundays
Corporate member awards:
Andrew Hutchins, Delta Air Lines
Randy Owner, Goldman SachsKeisha Shelton, Morgan StanleyMicaela Choo, Progressive Leasing