The National Institutes of Health (NIH) is preparing to publish a Notice of Funding Opportunity (NOFO) for the Small Business Transition Grant aimed at early-career scientists, specifically under the R41/R42 activity code, with a focus on supporting their transition to entrepreneurship. This initiative seeks to address the challenges of identifying the right expertise and securing funding for early-stage technology development, thereby facilitating the transfer of innovative technologies from academic laboratories to small businesses. The program is crucial for fostering technological innovation in the U.S. and is expected to award approximately 20 grants, with applications anticipated to open in Fall 2025. For further inquiries, interested parties can contact Dr. Saroj Regmi at saroj.regmi@nih.gov or call 240-276-7289.