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
- SBAHQ21G0020
- Recipient
-
Ohio Aerospace Institute UEI SZNRL7J8S5C4
- 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
- Brook Park, OH, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration Office of Investments and Innovations awarded $125,000 under the Federal and State Technology Partnership Program (FAST Program, CFDA #59.058) to the Ohio Aerospace Institute. The two-year project grant will support the Institute's efforts to strengthen the technological competitiveness of small businesses in Ohio. Specifically, the Institute will work with small, high-technology firms to improve their participation in innovation and commercialization activities through September 2023. Congress established the FAST Program to address variability across states in fostering economic development among small tech companies. This award aims to enhance Ohio small businesses' engagement in innovation and help commercialize new technologies, consistent with the goals of the federal initiative.
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 comm
Quick answers
Who received award SBAHQ21G0020?
SBAHQ21G0020 was awarded to Ohio Aerospace Institute by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2021.
How much is award SBAHQ21G0020 worth?
$125,000 has been obligated on SBAHQ21G0020.
Which agency awarded SBAHQ21G0020?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21G0020, with funding from Office of Investments and Innovations (Small Business Administration).
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