Covington Company Honored by US Small Business Administration
Tier One Performance Solutions, based in Covington's RiverCenter Towers, received the Tibbetts Awards from the United States Small Business Administration.
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 a news release. “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.”
Tier One last year celebrated its tenth anniversary and a move from Fifth Street to the RiverCenter Towers
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.
Here is the full list of winners from around the country:
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
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
Photo: Tier One celebrates ten years/RCN file