|[June 17, 2014]
Actuated Medical Receives SBA's Prestigious Tibbets Award
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
"What's most important is that we're helping SBIR achieve its mssion 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).
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