BELLEFONTE, Pa.--(BUSINESS WIRE)--The U.S. Small Business Administration (SBA) selected Actuated Medical as a 2014 Tibbetts Award winner. The SBA presents these national awards to companies who exemplify the very best of the Small Business Innovation Research (SBIR) program. Actuated Medical is one of 25 winners who will attend a White House Awards Program to be held in concert with SBIR’s upcoming annual conference.
The award is named for Roland Tibbetts, acknowledged as the father of the SBIR program. Winners are selected by a panel of judges based on the economic impact of their technological innovation, how they supported federal research and development needs, and their ability to increase commercialization of federal research.
“SBIR grants have been at the core of our business strategy since we founded the company in 2006,” said Maureen L. Mulvihill, President and CEO. “Over the years, we’ve received 7 Phase II awards worth over $10 million. In fact, for 2013 Actuated Medical was the top National Institutes of Health SBIR funded company in Pennsylvania and fifth in the country.”
“What’s most important is that we’re helping SBIR achieve its mission by commercializing innovations and creating jobs. Both our TubeClear and GentleSharp product lines demonstrate that this program truly works. The Tibbetts Award reflects that success and we appreciate SBA’s recognition of our team’s hard work and dedication.”
About Tibbetts Awards and SBIR
Read about the 2014 Tibbetts Award winners - http://www.sba.gov/content/high-tech-small-businesses-receive-tibbetts-awards-innovative-and-outstanding-contributions.
Learn more about Tibbetts Awards - http://sbir.gov/about/about-tibbetts-awards.
Learn more about the SBIR Program - http://sbir.gov/about/about-sbir.
Actuated Medical is a medical device company that focuses on state-of-the-art, minimally invasive instruments for clearing occlusions, penetrating tissue, and enabling the emerging MRI-guided surgical procedure industry. A full-service firm with U.S.-based design, development, and manufacturing, the company ultimately enhances clinical care and delivers positive patient outcomes. Actuated Medical is located in Bellefonte, PA and is certified ISO 13485:2003, 14971:2007 and Women’s Business Enterprise (WBE).