Federal and State Technology Partnership Program
Program Funding
Annual program obligations reported to SAM.gov.
Who has received this funding
Organizations awarded under CFDA 59.058 (USAspending.gov).
- Bbc Entrepreneurial Training & Consulting Llc $294,420
- Ben Franklin Technology Partners Corporation $294,420
- Mnsbir Inc. $294,420
- The Catalyst Center For Business & Entrepreneurship $294,420
- New Mexico State University $294,420
- University Of Central Florida Research Foundation, Inc. $294,420
- Research Foundation Of The City University Of New York $294,420
- Ohio Aerospace Institute $294,420
- Vertuelab $294,420
- Innovate Mississippi $294,420
Program Objective
The purpose of the FAST program is to strengthen the technological competitiveness of small business concerns in the U.S.
Eligibility
Eligible Applicants
- Small Business Person
How to Apply
Award Procedure
Complete proposals are submitted, reviewed and evaluated from a cost and technical perspective. Based on the rating of these proposals by a panel of technical expert's, awards are granted.
Decision Timeline
- Approval: From 120 to 180 days
Program details & compliance
Description
The purpose of the FAST program is to strengthen the technological competitiveness of small business concerns in the U.S.
Mission Categories
Primary: Small Business
Use of Funds
Allowed Uses
The Federal and State Technology (FAST) Partnership Program provides one-year funding 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.
As set forth in the Small Business Act (Rev.13) FAST awards build the SBIR/STTR ecosystem through:
1. Outreach: increase the pipeline of possible applicants (see SBIR authorization language for explicit direction to increase the participation of women, socially/economically disadvantaged individuals, and small businesses in underrepresented areas - typically rural states); and build the capacity of partner organizations and individuals to refer possible SBIR/STTR applicants through train-the-trainer activities.
2. Technical and business assistance: support new business formation through programs or services that improve proposal development and team creation; provide assistance that leads to the commercialization of technology developed through SBIR/STTR program funding; and form or encourage relevant mentoring networks to provide business advice and counseling.
3. Financial support: make grants or loans to applicants to pay a portion or all the cost of developing SBIR/STTR proposals, attending relevant conferences, and bridging gaps between phases.
Required Documentation
Only one proposal may be submitted for inclusion in the FAST program to provide services in any individual State in any fiscal year. Proposals and applications for assistance shall be in such form and subject to such procedures as the Administrator shall establish. Awards and cooperative agreements shall be made or entered into, as applicable, on a competitive basis. The awardees have a one-year period of performance and there is a matching non-Federal share of the cost of the activity.
Matching Requirements
Three tiers ranging from 50 percent to 100 percent.
Reporting & Compliance
Applicable 2 CFR 200 Subparts
- Subpart E — Cost Principles