United States Small Business Administration (SBA)

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An Applicant may submit only one proposal in response to this Announcement. 

The mission of SBA’s Small Business Innovation Research and Technology Transfer Office (SBIRTT), which bears responsibility for administering the FAST program, is to strengthen the technological competitiveness of small businesses across the country through coordination and oversight of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The primary mission of the FAST program is to help underrepresented entrepreneurs successfully compete for SBIR/STTR awards.

The FAST program provides one-year funding to organizations to execute state-based programs, which may also collaborate regionally, that increase the number of SBIR/STTR proposals leading to an increase in the number of SBIR/STTR awards from women, socially/economically disadvantaged individuals, and small businesses in underrepresented areas - typically rural states.

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Eligible organizations and institutions of higher learning may submit one (1) proposal in response to the Funding Opportunity. 

The purpose of this Funding Opportunity is to invite proposals for funding from eligible non-profit organizations, local and state government agencies, private sector firms, and institutions of higher education to provide quality training and counseling to veteran small business owners and entrepreneurs. A key component of this Funding Opportunity is for applicants to provide training to transitioning military personnel and spouses through the Boots to Business (B2B) Training Program, and to veterans and military spouses through the Reboot and Military Spouse Pathway to Business Training Programs.

Limit: 1 // B.  Ellerman ( UArizona Forge)

The U.S. Small Business Administration (SBA) offers $50,000 to $200,000 in prize awards for impactful and inclusive approaches to foster a thriving, collaborative national innovation support ecosystem to advance research and development (R&D) from ideas to impact.

By fostering connections between entrepreneurs, advisors, mentors, partners, philanthropies, corporations, investors, and other shared resources, the 2024 Growth Accelerator Fund Competition (GAFC) will catalyze strategic ecosystem partnerships to build community and organizational capacity for the successful launch, growth, and scale of STEM (Science, Technology, Engineering, and Mathematics)-based entrepreneurs and startups.

Competition Goals:

• Increase the pipeline and success of STEM/R&D-focused entrepreneurs and small businesses;
• Increase the success of STEM/R&D-focused entrepreneurs in accessing capital and resources to advance their businesses;
• Incentivize innovation ecosystem stakeholders to provide equitable access to resources for underserved communities and industries;
• Catalyze partnerships and relationships between stakeholder groups to strengthen the national innovation ecosystem; and
• Connect both new and established participants in the national innovation ecosystem.

Prizes awarded in Two Stages:

Stage One: $50,000 cash prizes will be awarded to organizations (Catalysts) to catalyze relationships between aligned stakeholders (Ecosystem Partners) that lead to the development of Growth Accelerator Partnerships. Catalysts work collaboratively with Ecosystem Partners to bring additional resources, deepen network connections, and develop strategies that amplify the impact and success of the Growth Accelerator Partnership and the STEM/R&D-focused entrepreneurs and small businesses they serve.  

SBA welcomes Stage One submissions from a broad range of organizations with a collaborative vision to nurture a national ecosystem for equitable access to entrepreneurship.
 
Stage Two: $50,000 to $150,000 cash prizes awarded to Growth Accelerator Partnerships to provide assistance to entrepreneurs that transition R&D into the marketplace. The Growth Accelerator Partnership will provide startups and small businesses additional support and resources. 

SBA will accept Stage Two submissions from Growth Accelerator Partnerships; submissions will be prepared jointly by Stage One Catalysts and Ecosystem Partners and will present their proposal to successfully accelerate the launch, growth, and scale of diverse STEM/R&D-focused small businesses.