Federal and State Technology Partnership Program
The purpose of the FAST program is to strengthen the technological competitiveness of small business concerns in the U.S.
General information about this opportunity
Last Known Status
Small Business Administration
Type(s) of Assistance Offered
B - Project Grants
Small Business Act, Section 34 (15 U.S.C. 657d), Section 34, Public Law 111-117, 15 U.S.C. 657d
Who is eligible to apply/benefit from this assistance?
Not more than one proposal may be submitted for inclusion in the FAST program to provide services in any one State in any one 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.
What is the process for applying and being award this assistance?
Preapplication coordination is not applicable.
This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
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 experts awards are granted.
Contact the headquarters or regional location, as appropriate for application deadlines
Approval/Disapproval Decision Time
From 120 to 180 days. Not Applicable
How are proposals selected?
How may assistance be used?
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.
What are the requirements after being awarded this opportunity?
Quarterly reports referenced above must be submitted to SBA and these reports must be retained by the recipient for a period of time as identified by SBA.
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.
Matching is voluntary. Three tiers ranging from 50 percent to 100 percent.
MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
Funding for program is one year funding as must be obligated by end of fiscal year. Financial assistance is received following performance of certain activities.
Who do I contact about this opportunity?
Regional or Local Office
See information at http:// www.sbir.gov
Office of Innovation and Technology
409 3rd Street, SW
Washington, DC, DC 20416 US
(Cooperative Agreements) FY 18$3,000,000.00; FY 19 est $3,000,000.00; FY 20 est $3,000,000.00; FY 17$3,000,000.00; FY 16$2,936,000.00; -
Range and Average of Financial Assistance
Up to 24 awards.
Regulations, Guidelines and Literature
See information at http://www.sbir.gov
Examples of Funded Projects