(Media-Newswire.com) - Supporting programs for innovative, technology-driven small businesses under SBA’s Federal and State Technology ( FAST ) partnership program, the U.S. Small Business Administration has granted a $100,000 award to the Wisconsin Entrepreneurs’ Network program at the University of Wisconsin-Extension. The FAST Program is designed to stimulate economic development among small high technology businesses through federally-funded research and development programs like the Small Business Innovation Research ( SBIR ) and Small Business Technology Transfer ( STTR ).
The Wisconsin Entrepreneurs’ Network ( WEN ) is taking this grant opportunity one step further by creating a statewide Innovation-25 ( I-25 ) pilot program. I-25 companies will receive specific business counseling services to enhance their ability to apply for federal SBIR and STTR grants. The companies in this pilot program represent areas that the SBA Office of Technology is interested in strengthening and furthering in the current economy. They include defense, advanced manufacturing, environmental solutions, information technology, energy management, life sciences and medical devices.
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