Innovation Gateway partners with Center for Black Entrepreneurship on new SBA grant

Innovation Gateway will continue supporting startups and technology-based small businesses affiliated with the University of Georgia—thanks, in part, to the renewal of the Federal and State Technology (FAST) Grant.

In partnership with the Center for Black Entrepreneurship (CBE), Innovation Gateway is one of 49 grant recipients in 2024, receiving $200,000 to support proposals for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants, which are awarded to startup businesses engaged in developing advanced technologies. The Federal and State Technology Partnership Program, powered by the U.S. Small Business Administration (SBA), is a competitive grant program for organizations that work with small businesses in underrepresented and disadvantaged areas.

“We are excited to be working with The Center for Black Entrepreneurship to expand access to SBIR and STTR grants to stakeholders throughout Georgia,” said Dan Geller, interim director of startups. “This funding is an important early launchpad for these companies to get their technologies or ideas off the ground.”

Innovation Gateway’s startups program assists the UGA community, as well as the state of Georgia, in turning ideas and discoveries into impact. Along with providing funding assistance, it offers several programs to support UGA faculty and others in their entrepreneurial journey. In FY23, Gateway gave out 27 FAST awards totaling $68,000.

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