The purpose of the fast program is to strengthen the technological competitiveness of small business concerns in every state
Ended Project Grant Awarded Last action
- Award ID
- SBAHQ21G0005
- Recipient
-
Minnesota Technology Association UEI F8D5KWYHJKX9
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $125,000
Award facts
- Assistance listing
- 59.058 Federal and State Technology Partnership Program
- Completion date
- Funding agency
- Office of Investments and Innovations Small Business Administration
- Place of performance
- Minneapolis, MN, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration Office of Investments and Innovations awarded $125,000 to the Minnesota Technology Association through the Federal and State Technology Partnership Program (FAST Program, CFDA #59.058) to strengthen the technological competitiveness of small businesses in Minnesota from September 30, 2021 through September 29, 2023.
The FAST Program aims to improve small technology firms' participation in innovation and commercialization through state programs that foster economic development. Under this project grant, the Minnesota Technology Association will work with small, high-technology companies in Minnesota to help strengthen their technological capabilities and support their innovation efforts. Key services may include advising participants, facilitating partnerships between small businesses and research institutions, and promoting commercialization of new technologies. The funding and services provided are intended to help small technology firms in Minnesota enhance their competitiveness.
Description
Congress has found that there is much variance within state technology programs that foster economic development among small high-technology firms. Therefore, this program intends to improve the participation of small technology firms in the innovation and commercialization
Quick answers
Who received award SBAHQ21G0005?
SBAHQ21G0005 was awarded to Minnesota Technology Association by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2021.
How much is award SBAHQ21G0005 worth?
$125,000 has been obligated on SBAHQ21G0005.
Which agency awarded SBAHQ21G0005?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21G0005, with funding from Office of Investments and Innovations (Small Business Administration).
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