DOE Unveils New Small Biz Funding Opportunity for Scientific R&D Projects

DOE Unveils New Small Biz Funding Opportunity for Scientific R&D Projects
innovation

The Department of Energy has announced plans to earmark $30M in fiscal 2021 grants for small businesses' research and development projects that aim to support the DOE Office of Science mission.

Companies that will be selected to participate in the first phase of Small Business Innovation Research and Small Business Technology Transfer programs could receive as much as $250K to conduct technical feasibility studies over six to 12 months, DOE said Monday.

Participants that complete Phase 1 research work will be eligible to compete for up to $1.6M in FY 2022 grants and move into Phase 2, which covers prototyping or process R&D efforts over a two-year period.

The department noted that scientific computing research, basic energy sciences, biological and environmental research and nuclear physics program offices will participate in the funding opportunity announcement.

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