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FY 2004 Funding Levels Set For Key TBED Programs
Two months into the fiscal year and several federal offices of importance to the state and local tech-based economic development community are finally learning how much money they will have available in fiscal year 2004 — once the consolidated appropriations bill is signed by the President in January.
Economic Development Administration (down $2 million from 2003)
- Public Works and Economic Development: $202.280 million
- Economic Adjustment Assistance: $40.9 million
- Planning: $24 million
- Trade Adjustment Assistance: $12 million
- Technical Assistance, including university centers: $8.435 million
- Research: $500,000
- Administrative expenses: $30.565 million
National Institute of Standards and Technology (NIST)
- Advanced Technology Program: $179.175 million ($60.7 million available for new awards — same as FY03)
- Manufacturing Extension Partnership: $39.607 million (down $67 million from FY03)
Small Business Administration – SBA is barred from extracting operating funds from the following programs' appropriations:
- SCORE: $5 million (same level as FY03)
- Small Business Development Centers: $89 million (with earmarks, same level as FY03)
- Microloan Technical Assistance: $15 million (same level as FY03)
- PRIME Technical Assistance: $5 million (same level as FY03)
- SBIR - FAST Program: $2 million (not funded in FY03)
- SBIR Technical Assistance/Rural Outreach Program: $250,000 (not funded in FY03)
- Women's Business Centers: $12.5 million (same level as FY03)
Technology Administration: $6.411 million (down $2.4 million from FY03)