The grant enables startups to advance their application process for research & innovation resources. Round 1 FAST grants went to Consequent Labs, OXbyEL Technologies, TheraCea, Resuture, TapRoot Interventions & Solutions, and LEMNA!. Round 2 applications close on April 30, 2022.
FEDERAL AND STATE TECHNOLOGY (FAST) PARTNERSHIP PROGRAM
The Small Business Administration’s Federal and State Technology (FAST) Partnership Program is designed to support programs that advance innovative, technology-driven small businesses. The Arizona Commerce Authority has partnered with the SBA to facilitate the FAST program in Arizona. The grant enables startups to have more competitive bids for federally-funded innovation and research and development programs.
Arizona’s FAST program provides funds, resources, training, and network opportunities to help entrepreneurs succeed in their SBIR proposal. Grants will be distributed in three rounds from October 2021 to September 2022. Each round will award six applicants up to $3,000 each.
Please note: FAST Grant funding is only available to Arizona businesses seeking an SBIR-funded grant.
Round two FAST Grant applications are now open from February 1, 2022 to April 30, 2022.