The Small Business Administration maintains and strengthens the nation's economy by aiding, counseling, assisting and protecting the interests of small businesses and by helping families and businesses recover from national disasters.
Uses and Use Restrictions
1) Technology research and development by small business concerns; 2) Technology transfer from university research to technology-based small business concerns; 3) Technology deployment and diffusion benefiting small business concerns; 4) The technological capabilities of small business concerns through the establishment or operation of consortia comprised of entities, organizations, or individuals including: (i) State and local development agencies and entities;(ii) Representatives of technology-based small business concerns; (iii) Industries and emerging companies; (iv) Universities; and (v) Small business development centers; 5) Outreach, financial support and technical assistance to technology-based small business concerns participating in or interested in participating in an SBIR program, including initiatives: (i) To make grants or loans to companies to pay a portion or all of the cost of developing SBIR proposals; (ii) To establish or operate a mentoring network within the FAST Program to provide business advice and counseling that will assist small business concerns that have been identified by FAST Program participants, program managers of participating SBIR agencies, the Administration, other entities that are knowledgeable about the SBIR and STTR programs as good candidates for the SBIR and STTR Programs, and that would benefit from mentoring, in accordance with section 35 of the Small Business Act (15 USC ÃƒÆ’Ã†â€™ÃƒÂ¢Ã¢â€šÂ¬Ã…Â¡ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â§ 657c); (iii) To create or participate in a training program for individuals providing SBIR outreach and assistance at the state and local levels; and (iv) To encourage the commercialization of technology developed through SBIR program funding.
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, there is a matching non-Federal share of the cost of the activity.
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, there is a matching non-Federal share of the cost of the activity. OMB Circular No. A-87 applies to this program.
Aplication and Award Process
Preapplication coordination is required.
Environmental impact information is not required for this program.
This program is excluded from coverage under E.O.
This program is excluded from coverage under OMB Circular No. A-102. This program is excluded from coverage under OMB Circular No. A-110.
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.
Mar 17, 2010 to May 03, 2012: Tentative date. Not Applicable.
Small Business Act, Section 34, Public Law 111-117, 15 U.S.C 657d.
Range of Approval/Disapproval Time
From 120 to 180 days. Not Applicable.
Formula and Matching Requirements
This program has no statutory formula.
Matching Requirements: Three tiers ranging from 50 percent to 100 percent.
MOE requirements are not applicable to this program.
Length and Time Phasing of Assistance
Funding for progam is one year funding as must be obligated by end of fiscal year. See the following for information on how assistance is awarded/released: Financial assistance is received following performance of certain activities.
Post Assistance Requirements
Cash reports are not applicable.
Expenditure reports are not applicable.
Quarterlyl 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.
73-0100-0-1-376 - Within Salaries and Expenses appropriation.
(Cooperative Agreements) FY 09 $0; FY 10 est $2,000,000; FY 11 est $0
Range and Average of Financial Assistance
No more than 20 awards.
Regulations, Guidelines, and Literature
Program announcement expected to be published in Grants.gov on March 17, 2010.
Regional or Local Office
SBA Executive Secretariat, 409 3rd. Street, SW, Washington, District of Columbia 20416 Email: SBAExecSec@sba.gov Phone: (1-800) 827-5722.
Criteria for Selecting Proposals
Criteria will be identified in March 17, 2010 notice.
Philanthropy imparts a multitude of ways for small business owners to do social good – both for the community and for themselves.