The DOE provides nearly $300 million annually to SBIR/STTR grant awardees through Phase I and Phase II funding. Approximately 400 Phase I and 160 Phase II awards are given to small businesses to fund projects that provide some form of public benefit. If you would like to learn more about some of the projects funded through DOE SBIR/STTR and how these businesses successfully moved their projects to the commercial and/or government market, please visit Phase III Success Stories.
Each year DOE also recognizes a particular SBIR/STTR funded U.S. small business that exemplifies the spirit of the SBIR/STTR programs by strengthening and expanding its high-technology R&D competitiveness with DOE and/or the private sector. Worthy nominees are sent to the DOE’s Office of Small and Disadvantaged Business Utilization where they are judged on the following criteria:
- Stimulating U.S. technological innovation and enhancing the nation’s return on its DOE SBIR/STTR investment.
- Providing DOE and/or its national laboratories, research facilities, or university research partners with the benefits of commercial applications derived from DOE SBIR/STTR funded R&D.
- Stimulating U.S. economic growth and/or increasing private-sector commercialization of innovations as a result of, or in part of, DOE SBIR/STTR funded R&D.
To learn more about the most recent recipient of the SBIR/STTR Small Business of the Year, please visit DOE Small Business of the Year.