Vertuelab

The Purpose of the Fast Program Is to Strengthen the Technological Competitiveness of Small Business Concerns in Every State. Congress Has Found That There Is Much Variance Within State Technology Programs That Foster Economic Development Among Small High-technology Firms. Therefore, This Program Intends to Improve the Participation of Small Technology Firms in the Innovation and Commercialization

Committed

$124,500

Paid to

Vertuelab

UEI SERAASK8ZGM5

P.o. Box 212, Portland, OR, 97207

Small Business Administration

Place

KEIZER, OR, UNITED STATES

OR-06

Performance

Sep 30, 2021 → Sep 29, 2023

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Small Business Administration

Federal and State Technology Partnership Program to

Vertuelab

Committed

$124,500

Paid to

Vertuelab

UEI SERAASK8ZGM5

P.o. Box 212, Portland, OR, 97207

Small Business Administration

Place

KEIZER, OR, UNITED STATES

OR-06

Performance

Sep 30, 2021 → Sep 29, 2023

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗