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
Active
Program Number
59.058
Federal Agency/Office
Small Business Administration
Type(s) of Assistance Offered
B - Project Grants
Program Accomplishments
Fiscal Year 2022 In FY 2022, clients of FAST grantees received $125 million in SBIR/STTR awards. Additionally, nearly 25,500 small businesses were counseled in the SBIR/STTR award process through FAST grantees. For more information about SBA accomplishments, access the SBA Congressional Budget Justification and Annual Performance Report: https://www.sba.gov/document/report-congressional-budget-justification-annual-performance-report
Authorization
Small Business Act, Section 34 (15 U.S.C. 657d), Section 34, Public Law 116-93, 15 U.S.C. 657d
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
Not applicable
Beneficiary Eligibility
Not applicable
Credentials/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.
What is the process for applying and being award this assistance?
Pre-Application Procedure
Preapplication coordination is not applicable.
Application Procedure
This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
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.
Deadlines
See http://www.sbir.gov/about-fast for application deadlines."
Approval/Disapproval Decision Time
From 120 to 180 days.
Appeals
Not applicable.
Renewals
Awards are be made for a base project period of 12 months plus two option periods of 12 months each
How are proposals selected?
See http://www.sbir.gov/about-fast.
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?
Reporting
Performance Reports: Quarterly Reports.
Auditing
Not applicable.
Records
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 36 months with three 12-month budget periods. Awards will be made for a base project period of 12 months, plus two continuation periods of 12 months each, if eligible. Method of awarding/releasing assistance: Financial assistance is received following performance of certain activities. 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
Headquarters Office
Office of Innovation and Technology
409 3rd Street, SW
6th Floor
Washington, DC, DC 20416 US
FAST@sba.gov
Phone: 202-710-5163
Website Address
http://www.sbir.gov
Financial Information
Account Identification
73-0400-2-3-376
Obligations
(Cooperative Agreements) FY 22$5,500,000.00; FY 23 est $10,000,000.00; FY 24 est $10,000,000.00; FY 21$4,000,000.00; FY 20$3,000,000.00; FY 19$2,999,999.00; FY 18$3,000,000.00; FY 17$3,000,000.00; FY 16$2,936,000.00; -
Range and Average of Financial Assistance
Up to 32 awards.
Regulations, Guidelines and Literature
See information at http://www.sbir.gov
Examples of Funded Projects
Fiscal Year 2022 FAST awards build the innovation ecosystem by increasing the pipeline of SBIR and STTR applicants through training and outreach and building the capacity of partner organizations and individuals to support these applicants and existing awardees. The awards can be used for technical and business assistance that support entrepreneurs and startups through programs or services that improve proposal development and team creation, aid that leads to the commercialization of technology, and to form or encourage relevant mentoring networks to provide business advice and counseling. FAST awards can also be used for financial support to help make grants or loans to applicants to pay a portion or all the cost of developing SBIR and STTR proposals (Phase 0), attending relevant conferences, and bridging gaps between award phases.

 



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