Small Business Transition Grant for New Entrepreneurs (Parent R41/R42 Clinical Trial Optional)

The National Institutes of Health (NIH) intends to publish a Notice of Funding Opportunity (NOFO) to invite eligible United States small business concerns to submit Small Business Technology Transfer (STTR) Phase I and Fast-Track grant applications for the Small Business Transition Grant. The grant aims to support early-career scientists transitioning to entrepreneurship, with a focus on research and development efforts, as well as entrepreneurial training, mentoring, and career development. Key aspects of the grant include: • Eligibility is limited to United States small business concerns, as defined by the Small Business Administration. • The grant will utilize the R41/R42 activity code. • Applications must include a mentor with measurable effort committed to the project. • The grant is available to first-time Principal Investigators. • The NIH will provide funding for research and development efforts, as well as entrepreneurial training and career development.