Hi,
You can reduce the size of the output model by reducing the number of buckets used for word / character ngram features, with the -bucket option. By default, fastText uses 2M buckets, but on small datasets, you can probably reduces this number to 200k, or even lower.
You can also try to reduce the dimension of the word vectors, with the -dim option (default is 100). Finally, you can try to reduce the size of the vocabulary, by increasing the -minCount value (default is 1).
Best,
Edouard.