As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
House subcommittee zeroes out FAST in 2026
The Financial Services and General Government (FSGG) subcommittee of House Appropriations has turned against the Federal and State Technology (FAST) Partnership in its budget recommendations for the Small Business Administration, zeroing out the only program that provides funds to help states level the competitive field of applicants for the SBIR/STTR program. While the FAST funds were decreased from the $9 million enacted in FY2024, the SBDC line item received a $10 million increase in the FSGG appropriations proposal. The corresponding Senate subcommittee has not taken any action yet regarding FAST. SSTI’s Innovation Advocacy Council (IAC) is working to protect the funding in the Senate bill and in the final conference bill. Broadening the distribution of SBIR awards nationally is a priority within SBIR reauthorization bills under consideration in both chambers of Congress.