The U.S. Small Business Administration (SBA) is accepting applications for its Federal and State Technology Partnership Program.
Donor Name: U.S. Small Business Administration (SBA)
State: All States
County: All Counties
Type of Grant: Grant
Deadline: (mm/dd/yyyy) 06/20/2024
Size of the Grant: $100,000 to $500,000
Grant Duration: 1 Year
Details:
The FAST program provides one-year funding to organizations to execute state-based programs, which may also collaborate regionally, 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 – typically rural states.
FAST Priorities
To ensure the full utilization of all FAST funds, it is strongly recommended that every Non-Federal Entity (NFE) request a federal award amount that can be managed and realistically achieved within a one-year period of performance. An NFE’s technical proposal and budget should be clearly focused and targeted based on the TOP PRIORITY of increasing SBIR/STTR participation among small businesses in the NFE’s state and address the key performance measures outlined below.
Key Performance Measures
- Reach 100% utilization of the award.
- Increase the number of eligible small business concerns in the State that participate in SBIR/STTR programs.
- Increase the participation of eligible underrepresented small business concerns in the SBIR/STTR programs.
- Increase the level of technical and business assistance available to eligible small business concerns to develop and commercialize technology through the SBIR/STTR programs.
Funding Information
- SBA expects to issue no more than $9,000,000.
- Award Ceiling: $200,000
- Award Floor: $50,000
Project Period
The project period is inclusive of an initial budget period of 12 months with four (4) Non-Compete Continuation (NCC) budget periods of 12 months each.
Eligibility Criteria
To be eligible for this funding opportunity an Applicant must:
- Be a public or private entity, organization, or individual that intends to use funding awarded under this Announcement to provide outreach, financial support, and/or technical and business assistance to next generation R&D-focused small businesses to increase SBIR/STTR proposals and awards; and
- Be endorsed by the appropriate state governor or their authorized designee as the only approved applicant from that state.
For more information, visit Grants.gov.
