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SBA Announces Grants Supporting Startups through FAST Partnership Program
The U.S. Small Business Administration (SBA) is making big moves to support startups across the country. Administrator Isabel Casillas Guzman has announced that the SBA has issued 49 grants, each up to $200,000, to organizations that provide specialized training, mentoring, and technical assistance to small businesses.
The grants are part of the Federal and State Technology (FAST) Partnership Program, which aims to help startups grow and succeed in today’s competitive business landscape. With over 34 million small businesses in America, these grants will have a significant impact on the entrepreneurial ecosystem.
Through these grants, organizations will be able to offer valuable resources and support to startups, helping them navigate challenges and seize opportunities for growth. This investment in small businesses is crucial for driving innovation, creating jobs, and strengthening the economy.
Administrator Guzman’s announcement underscores the SBA’s commitment to empowering small businesses and ensuring their success. As the voice in President Biden’s Cabinet for America’s small businesses, she continues to champion initiatives that support entrepreneurship and drive economic growth.
The recipients of these grants will play a vital role in shaping the future of small business in the United States. Their work will not only benefit individual startups, but also contribute to the overall resilience and prosperity of the small business community.
Stay tuned for updates on how these grants are making a difference for startups across the country. The SBA’s investment in small businesses today will pave the way for a brighter, more innovative tomorrow.
