S 802
FAST Fix Act of 2021
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Bill overview
The FAST Fix Act of 2021 aims to improve the Federal and State Technology Partnership Program (FAST) by prioritizing grants to small businesses in underperforming states. Specifically, the bill requires the Small Business Administration (SBA) to give preference to applicants located in these states and provides additional assistance to them. It also removes restrictions on the number of proposals submitted, lowers matching requirements, and extends the grant distribution period, while establishing reporting requirements to track program effectiveness and state prioritization.
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