March 5, 2021 – Olfax Medical was selected from a record number of applicants across the state of North Carolina to participate in the 2021 Federal and State Technology (FAST) Partnership Program. As part of the program, Olfax Medical is granted access to expert resources from Eva Garland Consulting to assist with submitting a competitive Phase I proposal to secure funding through the Small Business Innovation Research (SBIR) program and business advice from serial entrepreneurs and investors within the First Flight Venture Center.
First Flight Venture Center
First Flight Venture Center is a high-science, high-impact science- focused incubator located in the heart of Research Triangle Park, NC. Established in 1991, First Flight has hosted more than 400 plus science-focused companies, providing strategic education, tailored resources, guidance, connections and office/lab space in a 25,000 sq.ft. facility. First Flight has launched businesses that have commercialized important new science breakthroughs and disruptive technologies, while creating thousands of jobs in North Carolina.
Federal and State Technology (FAST) Partnership Program
In FY 2020, $3 million was appropriated as grants for entities to carry out targeted activities from September 30, 2020 through September 29, 2021. Entities from all 50 states, the District of Columbia, Puerto Rico, the Virgin Islands, Guam, and American Samoa are eligible to receive funding to provide outreach, technical, and financial assistance in support of the SBIR/STTR programs. Additional information can be found at www.sbir.gov/about-fast.