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Holloways see the value of incentive
Anna Grace and Paul Holloway have been active philanthropists on the Seacoast for decades. (RYAN O'CONNOR)
“Scott was really a party animal in school,” said his father, New Hampshire automotive mogul Paul Holloway. “I mean, if there was a party, my son was there. And then all of a sudden this prize was made available to the students, and he came home and told his mother (Anna Grace), ‘I’m going to enter and I’m going to win.’ And you know what? He busted his butt and he won. And let me tell you, no one was more surprised than I was.”
She unveiled the Paul J. Holloway Prize to her husband for his 50th birthday. That was 26 years ago.
The annual $25,000 stipend has directly resulted in at least three dozen successful business ventures, the Holloways said.
The pair are among a handful of New Hampshire residents to be honored with this year’s Granite State Legacy Awards, which are presented by the New Hampshire Union Leader. Sponsored by Centrix Bank, the awards are given to those who have made significant contributions over an extended period to their profession, community and state.
“Well over 1,200 students have participated and many have gone on to start their own businesses or to help build existing businesses,” Merenda said. “The Holloways have really been catalysts for entrepreneurial innovation in this state and for launching a lot of careers.”
“It’s really not about us. It’s truly about the students and their education and making New Hampshire a better place to live and work,” said Paul Holloway, who was first in his family to receive a college degree. “I just believe, 100 percent, that education makes a difference. It’s the future and (the) ticket to moving ahead. It’s so important, and I’ve seen not only the changes it’s brought about in my own family, but in so many others I’ve encountered within the state’s university system.”
Prior to that, he served on the University System of New Hampshire Board of Trustees, the last four as chairman.
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