Federal and State Technology Partnership Program
Small Business Administration
The purpose of the FAST program is to strengthen the technological competitiveness of small business concerns in the U.S.
Jargon-free version
Helps small businesses in the U.S. improve their technology and competitiveness. Provides support for various technology-related activities.
Quick Facts
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What Is This Program?
What Benefits Are Offered?
Provides equity-free, non-dilutive funding to technology-focused small businesses and startups for research and development projects, moving ideas from concept to commercialization. This includes phased funding for proof-of-concept (Phase I, up to $323,090) and technology development (Phase II, up to $2,153,927). The program also offers discretionary technical and business assistance (up to $6,500/year for Phase I; up to $50,000/project for Phase II) and opportunities for commercialization support (Phase III, typically non-federal funding).
Who Is Eligible?
Business Size: small
Industries: technology, research and development, innovation, science
Region: United States, US Territories
Other Criteria: Fewer than 500 employees, Technology solutions that could support government missions, Seeking equity-free, non-dilutive funding, Principal Investigator/Project Manager's primary employment must be with the Small Business Concern (SBC) or Research Institution (for STTR), Applicant must register in SBA’s Company Registry Database, For STTR, must partner with a non-profit Research Institution (SBC performs not less than 40% R&D, Research Institution not less than 30%), For Awardees with multiple prior awards, must meet agency benchmarks for progress towards Commercialization, Must qualify as an SBC at the time of award and as per 13 CFR 121.701-121.705, Includes SBCs directly owned and controlled by an Indian Tribe or another SBC owned by an Indian Tribe
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FAQFrequently Asked Questions
This program is available to small businesses in technology, research and development, innovation industries located in United States, US Territories.
This program offers funding up to $9,377,219 (minimum $2,798,015).
This program accepts applications on a rolling basis.
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