RFP Summary provided by the agency
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 (through outreach and financial support); increase the number of SBIR/STTR awards (through technical assistance and mentoring); and better prepare SBIR/STTR awardees for commercialization success (through technical assistance and mentoring).
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-thetrainer activities.
2. Financial support: make grants or loans to applicants to pay a portion or all of the cost of developing SBIR/STTR proposals, attending relevant conferences, and bridging possible gaps between phases.
3. Technical assistance: encourage the transition from Phase I to II and commercialization of technology developed through SBIR/STTR program funding; and form and or support mentoring networks to provide business advice and counseling
What is the mission and focus of the program: research, social, economic or others?
The mission of SBA’s Office of Innovation & Technology, which bears responsibility for administering the FAST Program, is to strengthen the technological competitiveness of small businesses across the country through coordination of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The FAST program focuses on increasing the participation of small firms in the innovation and commercialization of high risk technologies, keeping the United States on the cutting edge of next generation research and development.
Who are the target applicants: cities, universities, companies, small business, nonprofits, or others?
In order 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 assistance to next generation R&D-focused small businesses in order 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.