Earlier this week, 22 states and Puerto Rico were named recipients of more than $2.2 million in combined fiscal year 2004 Federal and State Technology Partnership (FAST) and Rural Outreach Program (ROP) awards. All but one of the 21 FAST awards distributed by the Small Business Administration (SBA) were worth $95,000 -- they totaled nearly $1.98 million. Five ROP awards of $49,470 also were made by SBA.

The Small Business Administration (SBA) recently named 27 states winners of the second Federal and State Technology Partnership (FAST) awards. At $100,000 each, the awards totaled $2.7 million. Created in December 2000 legislation that reauthorized the Small Business Innovation Research (SBIR) Program, FAST provides matching funds to enable states to augment or expand their tech business assistance and SBIR outreach efforts. The FY 2002 winners are:

SSTI has learned the Small Business Innovation Research (SBIR) reauthorization language the Senate Small Business Committee (SBC) will be marking up on Tuesday, March 21 is substantially different than HR 2392, passed by the House last fall. While HR 2392 basically makes housekeeping revisions to the $1.1 billion SBIR program, the SBC version includes several components addressing issues a majority of states identified as problems for their own SBIR outreach and assistance efforts.

Twenty universities and organizations received $100,000 grants to support R&D and small business innovation under the U.S. Small Business Administration's FAST program. The program is designed to stimulate economic development among small, high-tech businesses through federally-funded innovation and R&D programs such as the SBIR and STTR programs. The project and budget periods are for 12 months beginning Sept. 30, 2010, according to a press release.

The program has not been authorized yet, but that did not stop Congress from including $2 million in the FY10 Consolidated Appropriations Act for the Federal and State Technology Partnership Program (FAST). The funding, tucked in one sentence of the conference report for the Small Business Administration appropriations, will provide grants to state-based SBIR/STTR outreach and assistance programs on a competitive basis. Enabling legislation for FAST is contained in SBIR’s Reauthorization, which has been stalled in contentious conference negotiations for several months.

Last week, SSTI reported the draft SBIR Reauthorization bill circulated by the House Small Business Committee in mid-March included language that would reauthorize the Federal & State Technology Partnership (FAST) for two years at its current $10 million level. FAST was created with the 2000 SBIR reauthorization and received appropriations through the Small Business Administration (SBA) for three of the next four years.
 

The Small Business Administration (SBA) released a new funding announcement for the Federal and State Technology Partnership (FAST) Program — FAST awards are intended to fund projects that provide outreach, financial support and/or technical assistance to technology-based small business concerns participating in, or interested in participating in, the Small Business Innovation and Research (SBIR) program. Proposed projects may serve a single or multiple states. SBA intends to commit approximately $1.9 million to support up to 20 awards to eligible applications.