The U.S. Small Business Administration (SBA) will award grants to state and local economic development agencies, business development centers and colleges and universities, to support programs for innovative, technology-driven small businesses, the agency announced today.

The SBA's Federal and State Technology (FAST) partnership 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 and Small Business Technology Transfer. 

FAST may provide up to $100,000 per award to pay for outreach and technical assistance to science and technology-driven small businesses, and places particular emphasis on helping socially and economically disadvantaged firms compete. Proposals will be considered from all 50 states, the District of Columbia and U.S. territories.

Only one proposal per state may be submitted. Proposals must be submitted to
www.grants.gov by 11:59 p.m on April 11. For more information about the program, click here.