ClosedEconomic Development
FEDERAL AND STATE TECHNOLOGY (FAST) PARTNERSHIP PROGRAM
Small Business AdministrationFAST-2018-R-0012
Description
Since its inception in 1953, SBA has served to aid, counsel, assist and protect the interests of small businesses. While SBA is best known for its financial support of small businesses through its many lending programs, the Agency also plays a critical role in providing funding to organizations that deliver technical assistance in the form of counseling and training to small business concerns and nascent entrepreneurs in order to promote growth, expansion, innovation, increased productivity and management improvement.
The mission of SBA’s Office of Innovation & Technology, which bears responsibility for administering the FAST Program, is to strengthen the technological competitiveness of small businesses across the country through coordination of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The FAST program focuses on increasing the participation of small firms in the innovation and commercialization of high risk technologies, keeping the United States on the cutting edge of next generation research and development.
The Federal and State Technology (FAST) Partnership Program provides one year funding to organizations to execute state/regional programs that increase the number of SBIR/STTR proposals (through outreach and financial support); increase the number of SBIR/STTR awards (through technical assistance and mentoring); and better prepare SBIR/STTR awardees for commercialization success (through technical assistance and mentoring).
Award Ceiling
$125K
Award Floor
$50K
Total Funding
$2.0M
CFDA Number
59.058
Funding Instrument
Grant
Funding Level
Federal
Jurisdiction
US
Cost Sharing
No
Open Date
May 4, 2018
Close Date
June 21, 2018
Posted Date
May 4, 2018
Eligible Applicant Types
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Tags
SBACFDA:59.058GrantBusiness and CommerceScience and Technology and other Research and Development
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