Innovative and Outstanding High-Tech Small Businesses Receive Tibbetts Awards

Innovative and Outstanding High-Tech Small Businesses Receive Tibbetts Awards

Three Companies Inducted into SBIR Hall of Fame

PR Newswire

WASHINGTON, May 16, 2013

WASHINGTON, May 16, 2013 /PRNewswire-USNewswire/ -- The U.S. Small Business
Administration (SBA) today honored eighteen high-tech small businesses and
three individuals in Washington, D.C., for the critical role they play in
research and development for the government and for their success in driving
innovation and creating new jobs.

(Logo: http://photos.prnewswire.com/prnh/20110909/DC65875LOGO)

The Tibbetts Awards, given by SBA, honor outstanding small businesses and
individuals who participate in the SBA's Small Business Innovation Research
(SBIR) program. In addition, three past participants in SBIR who represent the
very best of the 30-plus-year SBIR program were named to the third annual SBIR
Hall of Fame class.

"The people who power our economy, make our industries more globally
competitive and create new jobs are the outstanding and innovative
entrepreneurs like those we honor with Tibbetts Awards," said Karen Mills, SBA
administrator. "In particular, our three 2013 Hall of Fame inductees
illustrate how innovative entrepreneurs can continue to show strong economic
growth and technical innovation, reminding us all how central the success of
high growth small business can be to making our country more globally
competitive."

The Tibbetts Awards, named after Roland Tibbetts, who was instrumental in
developing the SBIR program, are presented to companies and individuals from
all over the United States who are beacons of promise and models of excellence
in high technology.

Tibbetts award winners are selected based on the economic impact of their
technological innovation, and on whether they have met federal research and
development needs, encouraged diverse participation in technological
innovation, and increased the commercialization of federal research.

Two types of Tibbetts Awards exist: awards for businesses that have
participated in the SBIR award program, and awards for individuals who have
supported the SBIR Program but who have not received economic assistance from
the program.

Another category, created last year, is the SBIR Hall of Fame Awards, which
recognize companies with a long period of extraordinary success of research,
innovation, and commercialization within the SBIR program.

The SBA's Small Business Innovation Research program accounted for more than
$2.5 billion in FY 2012 in federal research and development funds and is
coordinated by the SBA in cooperation with 11 federal agencies.

The presentations were made at the White House by Administrator Mills, Senator
Mary Landrieu, Chair of the Senate Small Business and Entrepreneurship
Committee and Rebecca Bagley, CEO and President of NorTech.

Companies

Accuray, Inc. -- Sunnyvale, CA; Aurora Flight Sciences Corporation –
Cambridge, MA; Beacon Interactive Systems, LLC – Cambridge, MA; CPSI Biotech –
Owego, NY; Design Interactive, Inc. – Oviedo, FL; Ecovative Design, LLC –
Green Island, NY; GS Engineering, Inc. – Houghton, MI; Harmonia Holdings
Group, LLC – Blacksburg, VA; Institute of Disabilities Research and Training
(IDRT), Inc. – Wheaton, MD; Kutta Radios, Inc. – Phoenix, AZ; MBF Bioscience –
Williston, VT; Modular Robotics – Boulder, CO; Ocean Renewable Power Company,
LLC – Portland, ME; Orono Spectral Solutions, Inc. – Bangor, ME; Protochips,
Inc. – Raleigh, NC; Syntonics, LLC – Columbia, MD; Tier1 Performance
Solutions, LLC – Covington, KY; Torrey Hills Technologies, LLC – San Diego, CA

Individuals

Richard Flake, Air Force Research Laboratory (AFRL/XPP) – Wright-Patterson
AFB, OH; Joe Hennessey, Ph.D., NSF SBIR/STTR Senior Advisor – Arlington, VA;
Tizoc Loza, Northrop Grumman Corporation – Falls Church, VA

Hall of Fame

Aerovironment, Inc. – Monrovia, CA; Autonomous Technologies Corporation –
Orlando, FL; Biogen-Idec – Weston, MA

For more information about SBIR, please visit SBA's extensive Web site at
http://www.sba.gov/content/small-business-innovation-research-program-sbir-0.

Release Number: 13-21

Contact: Dennis Byrne (202) 205-6567
Internet Address: http://www.sba.gov/news

SOURCE U.S. Small Business Administration

Website: http://www.sba.gov
 
Press spacebar to pause and continue. Press esc to stop.