Date Available

12-18-2025

Year of Publication

2025

Document Type

Graduate Capstone Project

Degree Name

Master of Public Administration

College

Graduate School

Department/School/Program

Public Administration

Faculty

Dr. Jeongyoon Lee

Committee Member

Dr. Spiro Maroulis

Faculty

Dr. Brent Pieper

Abstract

This capstone project examines best practices among state-level innovation programs participating in the U.S. Small Business Administration’s Federal and State Technology (FAST) Partnership Program, with a specific focus on the Kentucky Science and Engineering Foundation (KSEF). As a key player in Kentucky’s innovation ecosystem, KSEF supports small businesses and entrepreneurs in pursuing federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) funding. This study evaluates KSEF’s current program effectiveness and identifies strategies from similar states that could strengthen Kentucky’s outcomes in securing federal innovation funding.

Using a qualitative comparative research design, this study analyzes interviews with program directors at FAST programs in demographically and economically similar states. These states were selected due to comparable population sizes, income levels, rural composition, and economic challenges. The analysis identifies which program activities produce the strongest outcomes in helping small firms access SBIR/STTR funding.

Findings from this comparative analysis informs best practices that can guide future strategy at KSEF. Specifically, the research provides evidence-based recommendations for improving program effectiveness, increasing participant engagement, and efficient use of resources. Beyond organizational benefits, this project will contribute to a broader understanding of how state-level initiatives can promote equitable economic development in rural and underserved communities. 3

By applying policy analysis, program evaluation, and data-driven decision-making skills developed through the Master of Public Administration program, this capstone project aims to generate actionable insights that advance both KSEF’s mission and the state of Kentucky’s research and development capacity.

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