On February 29, 2016, the U.S. Environmental Protection Agency (EPA) announced eight small business contracts through the Small Business Innovation Research (SBIR) Program. The eight Phase II contracts provide the companies with $300,000 each to develop and commercialize innovative products that address environmental and public health issues. Phase II funding is typically made available to companies that have already been granted Phase I funding through the SBIR Program. This round of funding included two biobased businesses, Environmental Fuel Research, LLC, a company that is developing a system to produce biofuel from grease trap waste, and Sustainable Bioproducts, LLC, a company that is developing a low-cost, simple, and scalable microbial process for the conversion of organic municipal solid waste to fuels using fungus. The SBIR Program is open to for-profit U.S. businesses with fewer than 500 employees. Open solicitations for applicants are listed on the SBIR website, but applications for this specific program are currently closed.