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SBA grants $3 million to support small business innovation and R&D commercialization

Thursday, August 30, 2018

Twenty-four local economic development entities, Small Business Technology Development Centers, Women’s Business Centers, incubators, accelerators, colleges and universities were granted $125,000 by the U.S. Small Business Administration (SBA) under the Federal and State Technology (FAST) Partnership Program. The 24 grant recipients, including seven that are members of SSTI (boldfaced below), provide support to small businesses developing and commercializing high-risk technologies.

  • Read more about SBA grants $3 million to support small business innovation and R&D commercialization

SBA Announces 2010 FAST Award Recipients

Friday, August 20, 2010

Twenty universities and organizations received $100,000 grants to support R&D and small business innovation under the U.S. Small Business Administration's FAST program. The program is designed to stimulate economic development among small, high-tech businesses through federally-funded innovation and R&D programs such as the SBIR and STTR programs. The project and budget periods are for 12 months beginning Sept. 30, 2010, according to a press release.

  • Read more about SBA Announces 2010 FAST Award Recipients

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Recent news from the SSTI Digest

OSTP plan calls for overhauling US approach to R&D, innovation

Wednesday, July 22, 2026

The White House report from  Office of Science and Technology Policy (OSTP) Director Michael Kratsios, Science: A New Golden Age, first announced in a July 22 Wall Street Journal article, iterates federal R&D policies and practices for FY 2028, outlines an almost industrial policy approach to federal investment, and provides a plan to move federal research programs toward a focus on individual scientists rather than university-based programs. It calls for more flexible, multidisciplinary, and multi-organizational, team-oriented research projects rather than centers housed within the nation’s research institutions.

r&d
innovation

$5+ billion in AI funding announced at Genesis Mission summit

Wednesday, July 22, 2026

The White House report from  Office of Science and Technology Policy (OSTP) Director Michael Kratsios, Science: A New Golden Age, first announced in a July 22 Wall Street Journal article, iterates federal R&D policies and practices for FY 2028, outlines an almost industrial policy approach to federal investment, and provides a plan to move federal research programs toward a focus on individual scientists rather than university-based programs. It calls for more flexible, multidisciplinary, and multi-organizational, team-oriented research projects rather than centers housed within the nation’s research institutions.

AI

State budget wrap-up: Notable TBED and innovation funding in FY 2027

Wednesday, July 22, 2026
As revenues continue to tighten, many states entered fiscal year 2027 (FY 2027)—which began July 1 for most—with cautious or constrained spending priorities. With the exception of South Carolina, all states have now enacted their FY 2027 budgets. Most adopted maintenance‑level or reduced spending plans that limited new recurring expenditures, reduced one‑time appropriations, and reprioritized core services such as Medicaid and education.
state budgets
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