The Federal Transit Administration (FTA) is announcing a Fiscal Year 2024 competitive funding opportunity for its Technology Transfer (T2) Program, with a total of $5,000,000 available across Fiscal Years 2022, 2023, and 2024. The aim is to promote the deployment and demonstration of public transportation innovations through a cooperative agreement. Eligible applicants include federal entities, state and local governments, educational institutions, and private organizations. Interested parties must submit their applications electronically by February 11, 2025, detailing their plans for developing systems to facilitate the adoption and commercialization of research findings.
The program is intended to overcome barriers to implementing innovative research using Federal funding, thereby fostering U.S. manufacturing and supporting small businesses in retaining ownership of their developments. Selected applicants will be responsible for the management and coordination of the T2 program, focusing on deployment strategies and communication of research results. The proposals will be evaluated on organizational and technical capacity, project approach, and familiarity with the public transportation sector. The focus on technology transfer aims to enhance efficiency and effectiveness in the public transit sector by leveraging federally funded research outcomes.
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