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Symantec Recognized By Small Business Administration

Created: 17 Feb 2011
Gina Sheibley's picture
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This week, Symantec was honored by the US Small Business Administration as one of eight recipients of the inaugural Small Business Innovation Research (SBIR) Program Hall of Fame Award. The ceremony took place in Washington, D.C. at the White House. The event was moderated by SBA administrator Karen Mills and also included remarks made by Austan Goolsby, chair of the President’s Council of Economic Advisors.

The SBIR Hall of Fame award recognizes companies with a long period of extraordinary success of research, innovation, and commercialization within the 30-year SBIR program. Symantec was the first recipient of a grant via the program in 1982, established at the time by Roland Tibbett. The grant was critical for Gary Hendrix to found Symantec.

“We work with small businesses every day as our customers and our partners and they truly are the lifeblood of our economy,” said Symantec’s vice president of channel sales Randy Cochran, who accepted the award for Symantec. “Symantec was started with a grant from the National Science Foundation 29 years ago and today we are 18,500 strong with operations in more than 40 countries. We would like to thank the Small Business Administration and the National Science Foundation for their support and for this tremendous recognition. The SBIR program is critical to fostering innovation and keeping America competitive on a global scale. We fully support the program and encourage Congress to permanently fund it.”

“Winning the future requires redoubling our commitment to supporting innovative entrepreneurs like those we honor with Tibbetts Awards,” said Karen Mills, SBA administrator. “In particular, our eight 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.”

Symantec is honored to be distinguished in the inaugural Hall of Fame class and looks forward to supporting the future endeavors of the program and its support of small businesses. For more information on the SBIR, visit their Web site.