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
- SBAHQ21G0032
- Recipient
-
Vertuelab UEI SERAASK8ZGM5
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $124,500
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
- Keizer, OR, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration Office of Investments and Innovations awarded Vertuelab $124,500 under the Federal and State Technology Partnership Program (FAST Program, CFDA #59.058) from September 30, 2021 through September 29, 2023.
The purpose of the FAST Program is to strengthen the technological competitiveness of small businesses by improving their participation in innovation and commercialization of new technologies. Vertuelab will support this goal by providing services that foster economic development among small, high-technology firms in Oregon. Specifically, the funding will enable Vertuelab to strengthen technology programs and partnerships within the state that can help small businesses commercialize new technologies and compete in technology sectors. The two-year project grant period will allow Vertuelab to provide ongoing assistance to small tech companies through 2023 as they develop and bring to market new products and services.
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 SBAHQ21G0032?
SBAHQ21G0032 was awarded to Vertuelab by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2021.
How much is award SBAHQ21G0032 worth?
$124,500 has been obligated on SBAHQ21G0032.
Which agency awarded SBAHQ21G0032?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ21G0032, with funding from Office of Investments and Innovations (Small Business Administration).
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