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5/3/12 - FHC, Inc. receives prestigious national Tibbetts Award from US SBA

WASHINGTON – Eighteen small businesses were honored April 24 by SBA 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. FHC, Inc. located in Bowdoin, which develops and markets highly specialized neurosurgical instruments used in leading hospitals and research institutions around the world, was among the eighteen.

The Tibbetts Awards, given by the U.S. Small Business Administration, honor outstanding small businesses and individuals who participate in the SBA’s Small Business Innovation Research (SBIR) program.  “Creating an economy built to last requires redoubling our commitment to supporting innovative entrepreneurs like those we honor with Tibbetts Awards,” said Karen Mills, SBA administrator. “In particular, our two 2012 Hall of Famers started small, but their growth has powered our economy for years. Their stories illustrate the promise of the new generation of innovative entrepreneurs and remind us all how central the success of one high growth small business can be to our competitiveness as a nation.”

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.

The presentations made at the White House, with Todd Park, Chief Technology Officer of the United States, serving as keynote speaker honored:

Advanced Circulatory Systems, Inc. – Roseville, MN; Axion BioSystems, Inc. – Atlanta, GA; BioStrategies, LC –State University, AR; Bridger Photonics, Inc. – Bozeman, MT; CHI Systems, Inc. – Ft. Washington, PA; FHC, Inc. – Bowdoin, ME; Nanoparticle BioChem, Inc. – Columbia, MO; Piasecki Aircraft Corporation – Essington, PA; Primordial – St. Paul, MN; RMD, Inc. – Watertown, MA; San Diego Composites, Inc. – San Diego, CA; Sensor Electronic Technology, Inc. – Columbia, SC; Separation Design Group, LLC – Waynesburg, PA; Stottler Henke Associates, Inc. – San Mateo, CA; Systems Technology, Inc. – Hawthorne, CA; The Design Knowledge Company – Fairborn, OH; TRX Systems – Greenbelt, MD; Vida Health Communications, Inc. – Cambridge, MA

For more information about SBIR, please visit SBA’s extensive Web site at

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