According to a recent press release from the Department of Energy, “the Department of Energy (DOE) will award 179 grants totaling $30 million to 149 small businesses in 36 states.” The grants will be funded by the DOE’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs as a part of the Phase I research and development selections.
The Phase I grants will allow small businesses to research technical feasibility of new innovations that advance the mission of the Office of Science. Phase I grants are 6-12 months in duration with a median award amount of $150,000. Successful Phase I grantees will be eligible to apply for Phase II awards in FY 2019 that will allow them to develop novel prototypes or processes to validate their Phase I research findings. Phase II grants will have a median award amount of $1,000,000 and a duration up to 2 years.
An excellent opportunity for small businesses looking to enter or that are already in the space, the Department of Energy release should be a mandatory follow up for all. For a list of the participating departments, check out the Energy.gov link below.