Innovate MS earns SBA grant

WASHINGTON – The U.S. Small Business Administration has granted $100,000 in award grants for the remainder of FY 2015 to 20 state, local economic and business developments and colleges to support programs for innovative, technology-driven small businesses under its Federal and State Technology (FAST) Partnership Program. FAST is designed to stimulate economic development with outreach and technical assistance to science and technology-driven small businesses - with an emphasis on socially and economically disadvantaged firms to lend a helping hand in competing for federally-funded R&D through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs. Among Gulf Coast state recipients of the SBA awards are Innovate Mississippi and Louisiana State University. (Source: Innovate Mississippi 06/08/15) Central Mississippi Note: Innovate Mississippi is a non-profit organization based in Ridgeland with the mission to drive innovation and technology-based economic development for the state.