WASHINGTON, Oct 20, 2010 (BUSINESS WIRE) -- 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 $100,000 awards to 20 state and local economic development agencies, business development centers, and colleges and universities. Candidates were submitted by the governors of all 50 U.S. states and territories.
The FAST Program is designed to stimulate economic development among small, high technology businesses through federally-funded innovation and research and development programs like the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR). The project and budget periods are for 12 months, starting Sept. 30, 2010.
To read the full, original article click on this link: SBA Awards Grants to 20 Universities and Organizations To Support R&D, Small Business Innovation - MarketWatch
