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DOE Awards $40 Million for Small Business Innovation Research and Small Business Technology Transfer
The U.S. Department of Energy (DOE) recently announced that Secretary of Energy Dan Brouillette has issued the DOE’s second Funding Opportunity Announcement (FOA) for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs for the fiscal year (FY) 2020. Phase I Release 2 FOA, which has approximately $40 million in available funding, will provide funding for innovations that address multiple research and development programs throughout the DOE, including the Office of Electricity, the Office of Energy Efficiency and Renewable Energy, and others.
Phase I grants are 6 to 12 months in duration, with maximum award amounts up to $250,000. Small businesses that successfully complete their research in Phase 1 will compete for funding in FY 2020 to carry out prototype or processes research and development (R&D) during Phase II. Phase II grants are up to 2 years in duration with awards amounts up to $1.6 million.
The SBIR and STTR programs were created by Congress to leverage small businesses to advance innovation at federal agencies. To learn more, read the original release or visit the programs’ website. Read more about the Phase I Release 2 FOA here.