Small Business Administration: Federal and State Technology Partnership Program
Since its inception in 1953, the Small Business Administration (SBA) has served to aid, counsel, assist, and protect the interests of small businesses. The SBA also plays a role in providing funding to organizations that deliver technical assistance in the form of counseling and training to small business concerns and nascent entrepreneurs in order to promote growth, expansion, innovation, increased productivity, and management improvement. The mission of SBA’s Office of Innovation & Technology, which bears responsibility for administering the Federal and State Technology Partnership (FAST) Program, is to strengthen the technological competitiveness of small business concerns in every state. This program intends to improve the participation of underserved small technology firms (women owned, minority owned, and small business concerns in underrepresented communities) in the innovation and commercialization of new technology; thereby ensuring that the United States remains on the cutting edge of research and development in the highly competitive arena of Science and Technology.
Eligible organizations may apply to SBA for awards of financial assistance under this Announcement to fund projects to strengthen the technological competiveness of underserved small technology business firms. The program will provide grants to further technological innovation within states in the following areas:
- Outreach, financial support and technical assistance to technology-based small business concerns participating in or interested in participating in an SBIR/STTR program, including initiatives: To establish or operate a mentoring network within the FAST Program to provide business advice and counseling that will assist small business concerns that have been identified by FAST Program participants, program managers of participating SBIR agencies, the Administration, past SBIR/STTR awardees within their states, other entities that are knowledgeable about the SBIR and STTR programs as good candidates for the SBIR and STTR Programs, and that would benefit from mentoring, in accordance with section 35 of the Small Business Act; to create or participate in a training program for individuals providing SBIR outreach and assistance at the state and local levels; to encourage the commercialization of technology developed through SBIR/STTR program funding; and to make grants or loans to companies to pay a portion or oll of the cost of developing SBIR/STTR proposals.
- Technology research and development by small business concerns.
- Technology transfer from university research to technology-based small business concerns.
- Technology deployment and diffusion benefiting small business concerns.
- Increasing the technological capabilities of small business concerns through the establishment or operation of consortia comprised of entities, organizations, or individuals including: State and local development agencies and entities; representatives of technology-based small business to include past SBIR/STTR awardees; industries and emerging companies; universities; and small business development centers.
Amount: $2,000,000 is available for awards of up to $125,000 each.
Eligibility: A public or private entity, organization, or individual that intends to use funding awarded under this Announcement to increase SBIR/STTR proposals and awards within a single or multiple states and provide outreach, financial support, and/or technical assistance to technology based small business concerns in underrepresented communities who participate in, or interested in participating in, SBIR/STTR programs; and be endorsed by the appropriate state governor or his/her authorized designee as the only approved applicant from that state.
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