Grant Details

General Overview

Grant Name and Funding Organization

Small Business Transition Grant for New Entrepreneurs

Department of Health and Human Services (HHS), National Institutes of Health (NIH), Centers for Disease Control and Prevention (CDC)

Total Funding Amount and Duration

Phase I: Up to $306,872

Phase II: Up to $2,045,816

Project duration: 6 months for Phase I, 2 years for Phase II

Primary Objective and Mission Statement

To support early-career scientists transitioning to entrepreneurship

To foster entrepreneurial development and conduct research and development

Key Stakeholders and Beneficiaries

Early-career scientists

Small business concerns (SBCs)

Public health and biomedical technology sectors

Funding Source and Type

Federal funding from HHS

Grant funding through the SBIR program

Grant Frequency

Recurring grant opportunity with multiple application deadlines

Organizational Aspects

Eligible Organization Types

Small business concerns (SBCs) organized for profit

Geographic Location Requirements

Organizations must be located in the United States

Track Record and Experience Requirements

PDs/PIs should have research skills but limited entrepreneurial experience

Inclusivity and Diversity Considerations

Encouragement for diverse backgrounds among PDs/PIs

Scope and Focus

Primary Focus Areas and Priorities

Biomedical and public health technology development

Entrepreneurial training and mentorship

Target Beneficiaries and Stakeholders

Early-career scientists and health professionals

Expected Outcomes and Deliverables

Successful transition of researchers to entrepreneurial roles

Development of promising technologies and products

Technical Details

Technical Expertise Requirements

Experience in scientific discovery or technology development

Risk Management Expectations

Proposals must include clear, quantitative milestones

Financial Structure

Budget Range and Limitations

Phase I: Up to $306,872

Phase II: Up to $2,045,816

Eligible and Ineligible Costs

Direct costs, indirect costs, and fees are eligible

Timeline and Implementation

Application Deadlines

Open Date: August 05, 2024

Multiple application deadlines through 2027

Reporting Schedule and Frequency

Annual reporting required for progress and financials

Compliance and Requirements

Regulatory Compliance Requirements

Compliance with NIH Grants Policy Statement

Application Process

Required Documentation and Materials

Career development plan for PD/PI

Mentor letter of support

Evaluation Criteria and Scoring System

Holistic assessment of mentorship and entrepreneurial training

Grant Details

small business entrepreneurship healthcare biomedical technology research and development mentorship clinical trials public health innovation scientific research
Small Business Transition Grant for New Entrepreneurs
PAR-24-132
Small Business Innovation Research (SBIR)
SME STARTUP
US
HEALTHCARE TECHNOLOGY
DEVELOPMENT
0-10 11-50 51-250 251-500
SDG3
FUNDING MENTORSHIP TRAINING_EDUCATION
None
2045816.00
306872.00
2045816.00
USD
100.00
April 6, 2027, 10 p.m.
March 2025 - April 2027