National Small Business Person Of The Year Announced By SBA
Written by Jenna Weiner
During National Small Business Week, the SBA announced that Waymon Armstrong is the 2010 Small Business Person of the Year.
The U.S. Small Business Administration had major news for entrepreneurs as it recently named its National Small Business Person of the Year during National Small Business Week in Washington, D.C.
Waymon Armstrong, owner of Engineering & Computer Simulations, was the winner of the award. He was chosen from among the pool of 53 state small business winners.
SBA Administrator Karen Mills said that Armstong's extraordinary commitment to his business and its employees "demonstrates the qualities that make small businesses such a powerful force for job creation in the American economy and in their local communities."
Mills said qualities like those displayed by Armstrong would lead the country to economic recovery and explained that the SBA was particularly proud because he had benefited from two grants under the administration's Small Business Innovation and Research Program.
Armstrong's company, Engineering & Computing systems, was founded in 1997. It creates assessment tools and simulation systems to help clients prepare for emergencies and natural disasters.
According to the SBA's website, the Small Business Innovation and Research Program is a "highly competitive" initiative that provides small businesses with incentives to "explore their technological potential."
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