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Dustin Siggins, Info@parabilis.com

Parabilis Chairman honored as 2020 laureate for Washington Business Hall of Fame

Dr. Ed Bersoff “is the epitome of the entrepreneurial…success who pays that success forward”

TYSONS CORNER, VA—Parabilis Chairman and Founder Ed Bersoff, PhD, is being honored as a DMV business leader whose “professional and philanthropic contributions” inspire and help youth reach their entrepreneurial potential.

Bersoff was chosen as a 2020 laureate for the Washington Business Hall of Fame along with Washington Nationals Vice Chairman Mark Lerner and The Carlyle Group Board Member Janet Hill. Laureates were chosen by the Junior Achievement of Greater Washington and its business partners, the Greater Washington Board of Trade and the Washington Business Journal.

“I am honored to be a 2020 Washington Business Hall of Fame laureate with two outstanding and innovative leaders, Janet Hill and Mark Lerner,” said Bersoff. “Their impact on our community has been enormous, and it’s humbling to join them and other past laureates who epitomize Washington business and community involvement at its best. Like past laureates, our work is not done; I look forward to sharing what I’ve learned with the next generation.”

“Dr. Bersoff’s half-century of entrepreneurial leadership in the government contractor community is second only to his commitment to health care and education,” said Junior Achievement of Greater Washington President Ed Grenier. “He is the epitome of the entrepreneurial business success story who pays that success forward to the next generation – an inspiring example for the youth JA of Greater Washington seeks to inspire and educate.”

Jack McDougle, President and CEO of the Greater Washington Board of Trade, said Bersoff was a natural pick to be a laureate. “The government contracting industry brings tens of billions of dollars to the Washington, D.C. region. Dr. Bersoff has been a leader in that industry as well as through his philanthropic efforts for 50 years, and we could not be prouder to bestow this honor on him.”

“I’ve known Ed for more than two decades as a business and community leader, and as a friend and advocate for the Washington Business Journal,” said Washington Business Journal Publisher Alex Orfinger. “When it came to choosing the 2020 laureates, Ed was an obvious choice – or perhaps the question was, why did it take so long to nominate Ed Bersoff? His military service, leadership in the educational community, and continued entrepreneurship at Parabilis – helping small business government contractors grow their companies – is exactly the example youth need to see in today’s challenging times.”

The award is Bersoff’s second regional leadership induction in less than a year. In 2019, he was inducted into the Greater Washington Government Contractor Hall of Fame. A retired military officer who previously worked at NASA, Bersoff has been a leader in the government contracting world for more than 50 years.

Bersoff, Hill, and Lerner will be inducted to the Washington Business Hall of Fame on December 2, 2020. The Student and Laureate Town Hall will take place on December 1, 2020. All proceeds from the events benefit Junior Achievement of Greater Washington’s work with DMV youth to be next generation of business and financial leaders.

About Parabilis

Parabilis is the strategic financial partner for small business government contractors. Veteran-operated and run by former government contractors Dr. Ed Bersoff and Bruce Lyman, Parabilis provides transparent lines of credit designed to meet the changing needs of contractors. Its services range from bank-style loans to CFO-level strategic guidance.