The National Science Foundation (NSF) is offering funding through its Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Phase II Programs, aimed at supporting the development of innovative technologies with significant societal and economic impacts. Eligible applicants, specifically small businesses that have previously received an NSF SBIR/STTR Phase I award, can submit proposals for non-dilutive funding to advance their research and development efforts, focusing on translating scientific discoveries into marketable products and services. This initiative is crucial for fostering innovation, enhancing economic competitiveness, and expanding the U.S. workforce, particularly among underrepresented and economically disadvantaged groups. The estimated total program funding is $120 million, with an award floor of $12 million and a deadline for proposal submissions set for September 18, 2024. For further inquiries, applicants can reach out to NSF grants.gov support at grantsgovsupport@nsf.gov.