Federal and State Technology Partnership Program

by: Iola Bonggay

The Small Business Administration, otherwise known as SBA, is a United States government agency that is primarily responsible for providing support to small business establishments and entrepreneurs.

The efforts of the Small Business Administration are geared towards the realization of their agency's mission, which is to "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters."

In line with this mission, the Small Business Administration has recently established the Federal and State Technology Partnership Program, which is also referred to as the FAST program.

The Federal and State Technology Partnership Program works around the objective of being able to boost and strengthen the technological competitiveness of small business establishments in the United States of America.

The FAST Partnership Program could be utilized to address concerns associated with:

a) The research and development of new technologies related with small business concerns.

  (continued...)

Federal and State Technology Partnership Program
  Page 2

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Minority Grants

Children Youth and Families At-Risk Sustainable Community Project
The The National Institute of Food and Agriculture, in close cooperation with the United States Department of Agriculture, has established a funding opportunity to support the Children Youth and Families At-Risk Sustainable Community Project (CYFAR).

---

Secondary Market Lending Authority Program
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.

---

Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.

---

Community Development Financial Institutions
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.

---