The U.S. Small Business Administration (SBA) announced today that Colorado Engineering Inc. (CEI) is one of 38 companies, seven organizations and 14 individuals that will receive the prestigious 2020 Tibbetts Award for their accomplishments in creating cutting-edge technologies. The Tibbetts Award, named after SBIR program founder Roland Tibbetts, honors awardees for their exceptional successes achieved through the SBA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.
The Tibbetts award recognizes the creative and impactful way organizations and individuals support the rising tech entrepreneur, especially in creating success with underrepresented communities. A complete list of winners can be found here. Since its inception in 1982, the program has awarded over 170,000 awards with more than $50 billion in funding to small businesses through the 11 participating federal agencies. It boasts one of the highest returns on taxpayer investment when measuring federal funding and economic impact.
CEI won its first Tibbetts award in 2011. It has also received 39 Phase I, 20 Phase II, and one Phase III SBIR/STTR awards since its founding in 2003.
CEI is a small, woman-owned business headquartered in Colorado Springs. It is one of the world’s foremost leading radio frequency (RF) and high-performance computing (HPC) solutions providers offering bleeding-edge technology solutions for the commercial, industrial, automotive, and military industries. CEI supplies off-the-shelf solutions for hardware and software as well as custom-tailored solutions for any application. CEI offers quick turn, innovative solutions, allowing for lower costs and higher-quality designs.