Opportunity Information: Apply for FAST 2018 R 0012
The Federal and State Technology (FAST) Partnership Program is a discretionary grant opportunity run by the U.S. Small Business Administration (SBA) through its Office of Innovation and Technology. The core purpose is to strengthen the technology competitiveness of U.S. small businesses by expanding and improving participation in the federal SBIR and STTR programs, which fund early-stage, high-risk research and development with commercialization potential. Instead of directly funding small businesses to do R and D, FAST primarily funds organizations that can deliver hands-on assistance, training, and support systems that help small firms successfully pursue SBIR/STTR funding and move funded technologies closer to market.
FAST provides one year of funding for state or regional programs designed to (1) increase the number of SBIR/STTR proposals submitted, (2) improve the success rate so more proposals turn into awards, and (3) better position SBIR/STTR awardees for commercialization after they receive federal R and D funding. The program emphasizes practical, results-oriented support such as outreach to identify and recruit promising small firms, targeted guidance on navigating SBIR/STTR solicitations, proposal development assistance, and structured mentoring or technical advising. It also recognizes that winning an SBIR/STTR award is only part of the challenge, so FAST-supported services commonly extend into post-award support that helps companies develop commercialization strategies, connect with partners and customers, and strengthen business fundamentals needed to transition from research to real-world products and services.
From the published opportunity details, the funding instrument is a grant, and the activity focus spans business and commerce as well as science, technology, and other research and development. The CFDA (now typically referred to under Assistance Listings) number associated with this program is 59.058. The opportunity listed an award ceiling of $125,000 per award, with an expected total of 16 awards, indicating the SBA intended to fund multiple organizations across different geographies to build or expand local SBIR/STTR support capacity. Eligibility is described broadly as "Others," with further clarification typically provided in the full announcement; in practice, programs like FAST are commonly aimed at entities such as state and local economic development organizations, universities, small business development organizations, or similar groups capable of delivering structured technical assistance at scale.
Overall, FAST is best understood as a capacity-building and technical assistance program that complements SBIR/STTR. SBIR/STTR dollars fund the research by small businesses; FAST dollars fund the local and regional support infrastructure that helps more small businesses compete effectively for those SBIR/STTR dollars and then improve their chances of turning funded innovation into commercial outcomes.Apply for FAST 2018 R 0012
- The Small Business Administration in the business and commerce, science and technology and other research and development sector is offering a public funding opportunity titled "FEDERAL AND STATE TECHNOLOGY (FAST) PARTNERSHIP PROGRAM" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 59.058.
- This funding opportunity was created on May 04, 2018.
- Applicants must submit their applications by Jun 20, 2018. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $125,000.00 in funding.
- The number of recipients for this funding is limited to 16 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
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