The Office of Science at the Department of Energy (DOE) has announced the FY 2025 Phase II Release 1 funding opportunity under the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. This initiative invites eligible small businesses that hold an active Phase I award to apply for Phase II awards, which can range from $1.1 million to $1.6 million, with a total funding pool of $87 million aimed at supporting approximately 75 awards over a project period of 12 to 24 months. The program is designed to foster innovation and commercialization while promoting participation from socially and economically disadvantaged individuals, aligning with the Justice40 goals to ensure that 40% of benefits reach disadvantaged communities. Interested applicants must submit a Letter of Intent by November 6, 2024, and full applications by December 3, 2024; for further details, they can contact Carl Hebron at (301) 903-5707 or via email at SBIR-STTR@science.doe.gov.