FAST

SBA FY 2022 FAST competition open

The Small Business Administration’s (SBA) Federal and State Technology (FAST) Partnership Program is now accepting applications for the FY 2022 competition. The FAST program provides matching funds to organizations to execute state/regional programs that increase the number of SBIR/STTR proposals leading to an increase in the number of SBIR/STTR awards from women, socially/economically disadvantaged individuals, and small businesses in underrepresented areas - typical

SBA announces new recipients of FAST awards

Yesterday, the U.S.

Yesterday, the U.S. Small Business Administration issued 33 grant awards up to $125,000 each for specialized training, mentoring, and technical assistance for research and development (R&D)-focused small businesses under the Federal and State Technology (FAST) Partnership Program.  FAST seeks to improve outcomes in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs for underserved communities by increasing participation from women-owned, rural-based, and socially or economically disadvantaged small businesses.

Federal budget continues growth for innovation initiatives

The final FY 2021 budget provides $1.4 trillion in total federal funding, including increases in some programs affecting the innovation economy. Among SSTI’s Innovation Advocacy Council priorities: EDA’s Build to Scale received an appropriation of $38 million, SBA’s Regional Innovation Clusters received $6 million, and SBA’s Federal and State Technology (FAST) program received $4 million. These are just a few of the federally-funded initiatives that support regional innovation economies and a wide range of federal R&D activities.

SBA awards up to $3 million in FAST funding to 24 organizations

The U.S. Small Business Administration announced 24 organizations as recipients of the 2020 Federal and State Technology partnership (FAST) program grant awards.

The U.S. Small Business Administration announced 24 organizations as recipients of the 2020 Federal and State Technology partnership (FAST) program grant awards. The awards of up to $125,000 focus on “specialized training, mentoring, and technical assistance for R&D-focused small businesses.” The FAST program grants one-year funding to organizations that work to partner with other in-state groups.

Study finds SBA’s FAST is working

The Federal and State Technology Partnership (FAST) is intended to increase innovation-based small business awareness and participation in the SBIR and STTR programs in places and populations that are underrepresented in the programs’ award portfolios.  Through FAST, the Small Business Administration (SBA) makes small, matching one-year awards to state programs on a competitive basis.

SBA makes 24 FAST awards to advance SBIR/STTR

The U.S. Small Business Administration announced 24 grants to organizations working to increase SBIR/STTR awards and commercialization outcomes in their states. The Federal and State Technology Partnership program (FAST) emphasizes initiatives focusing on underrepresented regions and entrepreneurs.

Congratulations to the SSTI members receiving FAST awards in the 2019 cycle:

NIH releases updated SBIR/STTR success rate data

Are you looking to increase the success rate of your state’s SBIR/STTR proposals? If so, a reminder that applications for the Small Business Administration’s Federal and State Technology (FAST) Partnership Program are due next Friday, June 28, at 4 p.m. EDT. This program provides one-year funding to organizations executing programs related to SBIR/STTR outreach, technical assistance, or financial support.