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DOE to Award Nearly 100M in Small Biz Tech R&D Grants

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The Energy Department has announced that it will award 95 grants worth a total of $95 million to 80 small businesses located in 26 states as part of its Small Business Innovation Research and Small Business Technology Transfer programs.

DOE said Monday it picked companies that have demonstrated technical feasibility for technology innovations during phase I.

Prior Phase II awardees which competed for a sequential Phase II grant to continue prototyping and process development will receive a two-year median award worth $1 million.

Congress established the SBIR and STTR programs to leverage small businesses as part of a larger effort to advance innovation for the federal government.

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