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2002 FAST Solicitation Released

June 14, 2002

Through the 2002 Federal and State Technology Partnership (FAST) solicitation, the Small Business Administration (SBA) anticipates making up to 27 awards to state efforts to stimulate and encourage broader participation in Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.

 

The agency has up to $2.7 million available in FY 2002 for new awards. In FY 2002, all awards made will be equal to $100,000. Each state represented in the multi-state application will not be eligible to receive an award amount exceeding $100,000.

In FY 2001, the SBA funded the first round of FAST awards to 30 states. Awards ranged from $100,000-150,000.

Both new applicants and and prior year awardees are encouraged to apply for FY 2002 funds.

A sliding scale has been established to determine each state's non-federal match requirement. The formula is based on a state's past performance in winning SBIR Phase I awards.

Under the FAST Program, proposals may be submitted on behalf of an individual state or multiple states. No more than one proposal, however, may be submitted for inclusion in the FAST program to provide services in any the state in any one fiscal year. Application must be accompanied by a Letter of Endorsement signed by the appropriate state governor or his/her authorized designee.

Proposals in response to the solicitation, released June 10, are due July 25, 2002.

The full FAST solicitation, as well as a list of FY 2001 FAST awardees and award amounts, are available at: http://www.sba.gov/sbir/ under FAST/ROP awards.

sba, FAST