On May 25, 2006, about 1830 eastern daylight time, a Tecnam P92 Super Echo Special Light Sport Aircraft (SLSA), N929HA, registered to Sebring Aviation of Highlands County, Inc., operated by Lockwood Aviation, collided with a fence during a forced landing shortly after takeoff from Sebring Regional Airport, Sebring, Florida. Visual meteorological conditions prevailed at the time and no flight plan was filed for the 14 CFR Part 91 local, instructional flight from Sebring Regional Airport. The airplane was substantially damaged and the certified flight instructor (CFI) and pilot-rated student were not injured. The flight originated about 1735, from Sebring Regional Airport. The CFI stated that after takeoff with approximately 10 gallons of 100 low lead fuel on-board, the flight proceeded to an area where the student performed maneuvers. The flight then returned to the departure airport and entered the traffic pattern for runway 18. A stop and go landing was performed; after which, a short field takeoff was performed. During the initial climb at 200 feet, the engine sputtered 2 seconds then quit completely. The CFI took the controls and attempted to restart the engine but was unsuccessful. He maneuvered the airplane towards a field and when the airplane was approximately 1 foot above ground level, the nose of the airplane collided with a fence. The airplane then impacted in the field and came to rest upright. Examination of the airplane following recovery by an FAA inspector and a representative from the engine manufacturer revealed damage to the propeller, and impact damage on the leading edge of the right wing in the area of the right fuel tank. The damaged propeller was removed and an a test club designed for the engine loading was installed. An alternate fuel supply was connected into the airplanes fuel delivery system (left and right sides), and the engine was started and operated to full power with no anomalies noted.