U.S. Energy Secretary Rick Perry today announced that the Department of Energy will award 86 grants totaling $95 million to 74 small businesses in 21 states. Funded through DOE's Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, today's selections are for Phase II research and development. Small businesses that demonstrated technical feasibility for innovations during their Phase I grants competed for funding for prototype or processes development during Phase II. In addition, prior Phase II awardees competed for sequential Phase II awards to continue prototype and process development. The median Phase II award is $1,000,000 for a period of two years.
Highlighted below are selected grants for each of the research and development programs that provided funding for these projects:
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Small businesses play a major role in spurring 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 is available at the SBIR/STTR Programs Office: http://science.energy.gov/sbir/ .
More information about the projects announced today is available at the following link: https://science.energy.gov/sbir/awards/ .