Twenty Universities, Organizations Receive FAST Awards to Support Tech-Focused Small Businesses

The Small Business Administration announced the FY15 awardees of its Federal and State Technology (FAST) Partnership Program. In FY15, 20 state and local economic development agencies, business development centers, and colleges and universities will receive $100,000 each to support programs to establish and/or sustain programs that provide support to innovative, technology-driven small businesses in their state and help them compete in federally funded research and development through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Activities supported by FAST awards include: research and development assistance; technology transfer efforts; proposals development and mentoring for small businesses applying for SBIR awards; and, the commercialization of SBIR/STTR-funded technologies.

Recipients of the FY15 FAST awards include:

• Board of Trustees of the University of Arkansas (AR);
• Connecticut Innovations, Inc. (CT);
• D.C. Department of Small and Local Business Development (DC);
• University of Delaware (DE);
• Boise State University (ID);
• Wichita State University (KS);
• Louisiana State University and A&M College (LA);
• Metropolitan Economic Development Association (MN);
• Innovate Mississippi (MS);
• Montana Department of Commerce (MT);
• University of North Dakota (ND);
• University of Nebraska at Omaha (NE);
• The Regents of New Mexico State University (NM);
• The Research Foundation for the State University of New York (NY);
• Ohio Aerospace Institute (OH);
• Oregon Built Environment & Sustainable Technologies Center (OR);
• Ben Franklin Technology Partners Corporation (PA);
• Puerto Rico Trade and Export Company (PR);
• Vermont State Colleges (VT); and,
• University of Wyoming (WY).

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