Federal And State Technology (FAST) Partnership Program
- Company typePrivate
- Founded-
- HeadquartersWashington, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Federal And State Technology (FAST) Partnership Program firmographics
Firmographics- Name
- Federal And State Technology (FAST) Partnership Program
- Legal name
- Federal and State Technology (FAST) Partnership Program
- Website
- https://sbir.gov
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Federal And State Technology (FAST) Partnership Program industry classification
Industry- NAICS
- Grantmaking and Giving Services (8132)
- SIC
- Federal & Federally-Sponsored Credit Agencies (6111)
- akta.pro primary industry
- SBA/Government-Backed & Development Finance Loans (FSAKAGAI)
- akta.pro secondary industry
- SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI)
Keywords
Where Federal And State Technology (FAST) Partnership Program is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Markets served
Federal And State Technology (FAST) Partnership Program business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Distribution channels1 record
Marketing channels5 records
Federal And State Technology (FAST) Partnership Program product offering
Product offeringCore offering
The FAST Partnership Program is a U.S. government initiative administered by the Small Business Administration (SBA) that distributes federal funding to state and regional organizations to execute programs increasing the number of SBIR/STTR proposals and awards from small businesses in underrepresented areas. The program operates through three core mechanisms: outreach to grow the SBIR/STTR applicant pipeline, technical and business assistance for proposal development, and financial support (grants or loans) for proposal development costs and conference attendance.
Product overview
The Federal and State Technology (FAST) Partnership Program is a single, unified government grant program—not a platform with modules. FAST does not consist of distinct product lines or add-on services. The program delivers funding and programmatic support through three core mechanisms: (1) Outreach to increase the pipeline of SBIR/STTR applicants through training and outreach, (2) Technical and business assistance to support proposal development and team creation, and (3) Financial support in the form of grants or loans to help cover costs of developing SBIR/STTR proposals (Phase 0), attending relevant conferences, and bridging gaps between phases. FAST funds state/regional organizations rather than directly serving individual applicants.
Differentiator
Problem solved
Functional benefit
Products and services
- Federal and State Technology (FAST) Partnership Program A government funding program administered by the SBA that provides grants to state and regional organizations to execute programs that increase the number of SBIR/STTR proposals and awards from small business owners in undercapitalized regions, with a focus on women, socially/economically disadvantaged individuals, and businesses in underrepresented areas such as rural states.
- FAST Outreach Services Outreach program component designed to increase the pipeline of SBIR/STTR applicants through training and outreach activities conducted by state FAST partner organizations. Targets technology-focused entrepreneurs, startups, and small businesses building innovative solutions with government applications.
- FAST Technical and Business Assistance Technical and business assistance program component that supports SBIR/STTR proposal development, team creation, and commercialization readiness for small businesses, delivered through state FAST partner organizations.
- FAST Financial Support (Phase 0 Grants/Loans) Financial support mechanism providing grants or loans to help small businesses cover costs of developing SBIR/STTR proposals (Phase 0), attend relevant conferences, and bridge gaps between SBIR/STTR phases.
Quantifiable outcome
- 4,000 companies funded per year on average
- +5 more outcomes
Companies that use Federal And State Technology (FAST) Partnership Program
Customer profileSegments3 records
Ideal customer profiles2 records
Federal And State Technology (FAST) Partnership Program technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Federal And State Technology (FAST) Partnership Program partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights5 records
Federal And State Technology (FAST) Partnership Program competitors and assessment
Company assessmentBroad incumbents
- SCORE: An SBA resource partner network providing free mentorship and business counseling to small businesses—including assistance in accessing federal R&D and innovation funding—directly overlapping with FAST's outreach mission.
- Small Business Development Centers (SBDCs): SBA-funded resource partners delivering counseling and proposal support to small businesses nationwide; they overlap heavily with FAST's state/regional partner ecosystem, though their mandate is broader than SBIR/STTR.
- NIST Hollings Manufacturing Extension Partnership (MEP): A federal program that funds a national network of centers providing technology, manufacturing, and commercialization assistance to small and mid-sized U.S. manufacturers; a structural peer in using federally-funded state partners to deliver innovation services.
- Economic Development Administration (EDA): A Department of Commerce agency providing federal grants to state and regional economic development organizations—comparable to FAST in distributing federal funds to regional intermediaries, but with a broader economic development mandate.
Direct peers
- Minority Business Development Agency (MBDA): A federal agency that funds business centers supporting minority-owned and underserved small businesses; overlaps with FAST's targeted outreach to socially/economically disadvantaged entrepreneurs.
- NSF I-Corps: An NSF program that funds entrepreneurship and commercialization training for academic NSF grantees, with comparable funding models (non-dilutive awards) and a similar mission of building the national innovation commercialization pipeline.
- SBA Growth Accelerator Fund Competition (GAFC): A sister SBA program that awards prize-based funding to accelerators and incubators supporting SBIR/STTR applicants—operating alongside FAST within SBA's Office of Investment and Innovation.
- State Small Business Credit Initiative (SSBCI): A Treasury program distributing federal funds to state-level programs that support small business access to capital—structurally similar to FAST's state-partner model and focus on undercapitalized markets.
- SBIR/STTR (America's Seed Fund): The SBIR/STTR 'America's Seed Fund' program is the parent federal non-dilutive funding program of FAST; FAST specifically exists to feed its applicant pipeline from underrepresented geographies and demographics.
Others
- State Science & Technology Institute (SSTI): A nonprofit membership organization for state-level science, technology, and innovation agencies—the very type of organizations that often serve as FAST's state partners, providing them with research, technical assistance, and policy support.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Federal And State Technology (FAST) Partnership Program financial estimates
Financial estimateRevenue estimate
Valuation estimate
Federal And State Technology (FAST) Partnership Program leadership team
Management profileNumber of profiles
Federal And State Technology (FAST) Partnership Program funding detail
Funding detailFunding overview
Funding rounds
Investors
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Federal And State Technology (FAST) Partnership Program M&A and investment
M&A and investmentM&A
Investments1 record
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Frequently asked questions about Federal And State Technology (FAST) Partnership Program
What does Federal And State Technology (FAST) Partnership Program do?
The FAST Partnership Program is a U.S. government initiative administered by the Small Business Administration (SBA) that distributes federal funding to state and regional organizations to execute programs increasing the number of SBIR/STTR proposals and awards from small businesses in underrepresented areas. The program operates through three core mechanisms: outreach to grow the SBIR/STTR applicant pipeline, technical and business assistance for proposal development, and financial support (grants or loans) for proposal development costs and conference attendance.
Is Federal And State Technology (FAST) Partnership Program a public or private company?
Federal And State Technology (FAST) Partnership Program is a private company. It is classified as state government owned and is currently operating.
When was Federal And State Technology (FAST) Partnership Program founded?
Federal And State Technology (FAST) Partnership Program was founded in -1. It employs 1 to 10 people.
Where is Federal And State Technology (FAST) Partnership Program based?
Federal And State Technology (FAST) Partnership Program is headquartered in Washington, United States, in the North America region.
Who are Federal And State Technology (FAST) Partnership Program's main competitors?
Broad incumbents on record are SCORE, Small Business Development Centers (SBDCs), NIST Hollings Manufacturing Extension Partnership (MEP) and Economic Development Administration (EDA). Direct peers are Minority Business Development Agency (MBDA), NSF I-Corps, SBA Growth Accelerator Fund Competition (GAFC), State Small Business Credit Initiative (SSBCI) and SBIR/STTR (America's Seed Fund). State Science & Technology Institute (SSTI) is listed as an others.
Does Federal And State Technology (FAST) Partnership Program have an API?
No public API is recorded for Federal And State Technology (FAST) Partnership Program.
What industry is Federal And State Technology (FAST) Partnership Program in?
Its primary akta.pro industry code is FSAKAGAI, SBA/Government-Backed & Development Finance Loans, with a secondary code of FSAEAEAI, SBA/USDA Government-Backed Loan Intermediation. Its NAICS code is 8132 and its SIC code is 6111.