The National Institutes of Health (NIH) has announced a funding opportunity titled "NINDS Exploratory Clinical Trials for Small Business (R41/R42 Clinical Trial Required)," aimed at supporting Small Business Concerns (SBCs) in conducting exploratory clinical trials related to neurological disorders. This initiative specifically targets Phase II and Fast-Track applications for projects that evaluate drugs, biologics, devices, or therapies aligned with the mission of the National Institute of Neurological Disorders and Stroke (NINDS). The program emphasizes the importance of diverse research teams and requires a Plan for Enhancing Diverse Perspectives (PEDP) as part of the application process. Funding amounts are capped at $295,924 for Phase I and $1,972,828 for Phase II projects, with the application submission period beginning on December 5, 2023, and a closing date of September 5, 2026. Interested applicants can reach out to NIH Grants Information at grantsinfo@nih.gov for further inquiries.