the US Department of Energy (DOE) Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs issued its FY 2019 Phase II Release 2 Funding Opportunity Announcement (FOA) with approximately $100 million in available funding.
Image: DOE announces $100m funding for new energy technologies. Photo: Courtesy of Free-Photos/Pixabay.
“Small businesses are the backbone of the American economy,” said U.S. Secretary of Energy Rick Perry. “Providing small businesses with greater opportunities to enhance science and technology research and development strengthens the economic security for our entire country.”
The following DOE program offices are participating in this FOA:
Office of Cybersecurity, Energy Security, and Emergency Response
Office of Defense Nuclear Nonproliferation
Office of Electricity
Office of Energy Efficiency and Renewable Energy
Office of Environmental Management
Office of Fossil Energy
Office of Fusion Energy Sciences
Office of High Energy Physics
Office of Nuclear Energy
Eligible small businesses that have previously received Phase I grants will be able to complete for Phase II grants with a duration of up to 2 years and maximum award amounts of $1,000,000 or $1,500,000, depending on research topic. Phase II grants allow businesses that conducted early stage feasibility research and development in Phase I to reduce their innovations to practice by developing working prototypes or new processes.
In addition, eligible small businesses that have received prior Phase II awards will be able to complete for second or third Phase II grants with a duration of up to 2 years and a maximum award amount of $1,100,000. Third Phase II awards are new this year and were authorized by Congress in the John S. McCain National Defense Authorization Act for Fiscal Year 2019. More information on these awards is contained in the FOA and the program website.
DOE recognizes the important role that small businesses play in driving innovation and creating jobs in the U.S. economy. The SBIR and STTR programs were created by Congress to leverage small businesses to advance innovation at federal agencies. Additional information on the DOE SBIR and STTR programs can be found on the program’s website HERE.
Source: Company Press Release