The NIH has released four new Notices of Funding Opportunity (NOFOs) aimed at fostering the advancement and accelerate the growth of early-career scientists transitioning to entrepreneurship by simultaneously supporting their entrepreneurial development and the conduct of research and development under their direction. This NOFO supports small business concerns (SBCs) in employing and developing researchers as entrepreneurial Program Directors/Principal Investigators (PDs/PIs). In addition to supporting research and development efforts at the SBC, a major component of this NOFO is entrepreneurial training, mentoring, and career development of the PD/PI. PDs/PIs are expected to grow their entrepreneurial skill set while working in a small business to develop promising technologies and products that align with NIH’s mission to improve health and save lives.

The NHLBI is interested in supporting Phase I and Fast-Track applications through the following solicitations:

• PAR-24-131: Small Business Transition Grant for New Entrepreneurs (R43/R44 Clinical Trial Not Allowed) (nih.gov)
• PAR-24-132: Small Business Transition Grant for New Entrepreneurs (R43/R44 Clinical Trial Required) (nih.gov)
• PAR-24-133: Small Business Transition Grant for New Entrepreneurs (R41/R42 Clinical Trial Not Allowed) (nih.gov)
• PAR-24-134: Small Business Transition Grant for New Entrepreneurs (R41/R42 Clinical Trial Required) (nih.gov)

Potential applicants are strongly encouraged to contact the NHLBI at least 30 days before the application due date. Applicants are also encouraged to attend the Small Business Transition Grant Pre-Application Webinar on June 11^th , 2024 from 3:00 to 5:00 p.m. ET. To register for this webinar, please click here.

For more information, please visit the NIH SEED Office webpage or contact Julia Berzhanskaya at Julia.berzhanskaya@nih.gov.