EXHIBIT 10(b)

DOE F 4600.1
(08-93)

                            U.S. DEPARTMENT OF ENERGY
                      NOTICE OF FINANCIAL ASSISTANCE AWARD

Under the authority of Public Law       95-91 Department of Energy Organization
                                        Act of 1977 - 106-554 Small Business
                                        Reauthorization Act of 2000

and subject to legislation, regulations and policies applicable to (cite
legislative program title): Small Business Innovation Research
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1.  PROJECT TITLE

    Feasability of Cost Effective, Long Length, BSCCO 2212 Round Wires,
    for Very High Field Magnets, Beyond 12 Telsa at 4.2 Kelvin
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2.  INSTRUMENT TYPE

/X/ GRANT      /_/ COOPERATIVE AGREEMENT
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3.  RECIPIENT (Name, address, zip code, area code and telephone no.)
    Superconductive Components Inc.

    1145 Chesapeake Avenue

    Columbus                             OH 43212
    TEL NO. 614-486-0261
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4.  INSTRUMENT NO.
DE-FG02-02ER83538
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5.  AMENDMENT NO.
    A002
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6.  BUDGET PERIOD
    FROM: 06/27/2003
    THRU: 09/29/2003
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7.  PROJECT PERIOD
    FROM: 07/22/2002
    THRU: 06/26/2005
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8.  RECIPIENT PROJECT DIRECTOR (Name and telephone no.)
    Dr. Scott Campbell
    614-486-0261
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9.  RECIPIENT BUSINESS OFFICER: (Name and telephone no.)
    Dan Rooney
    614-486-0261
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10. TYPE OF AWARD

/_/ NEW         /_/  CONTINUATION        /X/   RENEWAL
/_/ REVISION    /_/  SUPPLEMENT
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11. DOE PROJECT OFFICER (Name, address, telephone no.)
    Gerald J. Peters (SC-22)
    U.S. DOE/Germantown Building
    1000 Independence Avenue
    Washington                DC  20585-1290
TEL No. 301-903-3233             FAX NO.
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12. ADMINISTERED FOR DOE BY (Name, address, telephone no.)
    David Ramirez U.S.
    Department of Energy
    9800 South Cass Avenue

    Argonne                         IL  60439
TEL NO. 630-252-2133              FAX NO. 630-252-5045
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13. RECIPIENT TYPE
    /_/ STATE GOV'T     /_/  INDIAN TRIBAL GOV'T     /_/    HOSPITAL
    /_/ LOCAL GOV'T     /_/  INSTITUTION OF          /_/    OTHER NONPROFIT
                             HIGHER EDUCATION               ORGANIZATION

    /X/  FOR PROFIT ORGANIZATION           /_/  INDIVIDUAL
    /X/  C     /_/   P   /_/   SP          /_/  OTHER (specify)
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<PAGE>

14. ACCOUNTING AND APPROPRIATIONS DATA
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    a. Appropriation Symbol    b. B & R Number    c. FT/AFP/OC    d. CFA Number
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         89X0222.91               KM0000000          WA CH  410         N/A
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15. EMPLOYER I.D. NUMBER

      31-1210318
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16. BUDGET AND FUNDING INFORMATION
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    a. CURRENT BUDGET PERIOD INFORMATION
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(1)  DOE Funds Obligated This Action                                 $105,592.00
(2)  DOE Funds Authorized for Carry Over                             $      0.00
(3)  DOE Funds Previously Obligated in this Budget Period            $      0.00
(4)  DOE Share of Total Approved Budget                              $105,592.00
(5)  Recipient share of Total Approved Budget                        $      0.00
(6)  Total Approved Budget                                           $105,592.00
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    b. CUMULATIVE DOE OBLIGATIONS
(1)  This Budget Period                                              $105,592.00
     [(Total of lines a.(1) and a.(3)]

(2)  Prior budget Periods                                            $100,000.00

(3)  Project Period to Date                                          $205,592.00
     [(Total of lines b.(1) and b.(2)]
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17. TOTAL ESTIMATED COST OF PROJECT $___________________
    (This is the current estimated cost of the project. It is not a promise to
    award nor an authorization to expend funds in this amount.)
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18. AWARD/AGREEMENT TERMS AND CONDITIONS
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    This award/agreement consists of this form plus the following:
    a. Special terms and conditions.
    b. Applicable program regulations specify)  N/A
                                                --------------------------

                                                              (Date) -----------

    c. DOE Financial Assistance Rules, 10 CFR 600, as amended.
    d. Application/proposal dated 4/18/03, /X/ as submitted /_/ with changes
                                                                as negotiated.
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19. REMARKS

    See page No. 2 of this Financial Assistance Award.
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20. EVIDENCE OF RECIPIENT ACCEPTANCE


                /s/ Daniel Rooney                             6/30/03
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      (Signature of Authorized Recipient Official)            (Date)

                    Daniel Rooney
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                      (Name)

                 President and CEO
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                     (Title)

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21. AWARDED BY:

             /s/  Renee Irwin                   6/24/03
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                   (Signature)                  (Date)

                  Renee Irwin
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                      (Name)
Operations Division
Office of Acquisition and Assistance
Contracting Officer
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                                 (Title)
<PAGE>


                                                     Grant No. DE-FG02-02ER83538
                                                              Amendment No. A002
                                                                     Page 2 of 2

19. Remarks (Continued)

    Effective with the first day of the Budget Period added by this amendment:

    a. Funds are obligated for the Budget Period specified in Block No. 6 of the
    face page of this Notice of Financial Assistance Award;

    b. The Special Terms and Conditions for Financial Assistance Awards, coded
    SPRG - 0503, attached hereto, are substituted for the Special Terms and
    Conditions for Financial Assistance Awards, coded SPRG-0202, previously
    incorporated into this grant;

    c. All other terms and conditions remain the same.
<PAGE>


          SPECIAL TERMS AND CONDITIONS FOR FINANCIAL ASSISTANCE AWARDS

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The requirements of this attachment take precedence over all other requirements
of this award found in regulations, the general terms and conditions, DOE
orders, etc., except requirements of statutory law. Any apparent contradiction
of statutory law stated herein should be presumed to be in error until the
recipient has sought and received clarification from the Contracting Officer.
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1. PAYMENT OFFICE

   U.S. Department of Energy
   Accounts Payable Division
   ME 1444
   P.O. Box 500
   Germantown, MD 20875-0500

2. FINANCE OFFICE

   U.S. Department of Energy
   Chicago Operations Office
   Office of Chief Financial Officer
   9800 South Cass Avenue
   Argonne, Illinois 60439

3  PAYMENT

   Payment under this award will be made by:

         /X/ Advance by Department of Treasury Automated Standard Application
             for Payments System (ASAP)

             The recipient shall request cash only as needed for immediate
             disbursements, shall report cash disbursements in a timely manner,
             and shall impose the same standards of timing and amount, including
             reporting requirements, on secondary recipients.

         / / Advance by Automated Clearing House (ACH)

         / / Reimbursement by ACH

             When requesting an advance or reimbursement payment via ACH, the
             recipient shall submit an original Request for Advance or
             Reimbursement, SF 270, the Payment Office specified in Section 1,
             above, and a copy of the SF 270 to the Contract Specialist
             specified in Block 12 of the Notice of Financial Assistance Award
             (DOE F 4600.1). The timing and amount of advance payment requests
             shall be as close as is administratively feasible to the actual
             disbursements. Such requests shall not be made in excess of
             reasonable estimates of cash outlays for a 30-day period.

             A completed "Automated Clearing House (ACH) Vendor Miscellaneous
             Payment Enrollment Form" must be on file with the Finance Office
             specified in Section 2, above prior to requesting any ACH payment.

4. DECONTAMINATION AND/OR DECOMMISSIONING (D&D) COSTS

   Notwithstanding any other provisions of this Agreement, including but not
   limited to FAR 31.205-31, when applicable, as incorporated by Financial
   Assistance Rule 600.127(a), the Government shall not be responsible for or
   have any obligation to the recipient for (i) Decontamination and/or
   Decommissioning (D&D) of any of the recipient's facilities, or (ii) any costs
   which may be incurred by the recipient in connection with the D&D of any of
   its facilities due to the performance of the work under this Agreement,
   whether said work was performed prior to or subsequent to the effective date
   of this Agreement.

5. FEDERALLY-OWNED PROPERTY

   If you acquire federally-owned property under this award whether fabricated,
   furnished or purchased with Capital Equipment Funds, then a listing of such
   property shall be submitted on DOE F 4300.3, Semi-Annual Summary Report of
   DOE-Owned Plant & Capital Equipment (P&CE), to the Contracting Officer within
   45 days after August 31 of each year and within 30 days after the project
   period ends. The report must separately identify items which were fabricated,
   furnished or purchased with Capital Equipment funds under this award.

   Any Capital Equipment funds and the equipment to be purchased, fabricated, or
   furnished with such funds are indicated on Page No. 2 of the Notice of
   Financial Assistance Award.

6. NOTICE REGARDING THE PURCHASE OF AMERICAN-MADE EQUIPMENT AND PRODUCTS-SENSE
   OF CONGRESS

   It is the sense of the Congress that, to the greatest extent practicable, all
   equipment and products purchased with funds made available under this award
   should be American-made.

7. NOTICE REGARDING UNALLOWABLE COSTS AND LOBBYING ACTIVITIES

   Recipients of financial assistance are cautioned to carefully review the
   allowable cost and other provisions applicable to expenditures under their
   particular award instruments. If financial assistance funds are spent for
   purposes or in amounts inconsistent with the allowable cost or any other
   provisions governing expenditures in an award instrument, the government may
   pursue a number of remedies against the recipient, including in appropriate
   circumstances, recovery of such funds, termination of the award, suspension
   or debarment of the recipient from future awards, and criminal prosecution
   for false statements.

   Particular care should be taken by the recipient to comply with the
   provisions prohibiting the expenditure of funds for lobbying and related
   activities. Financial assistance awards may be used to describe and promote
   the understanding of scientific and technical aspects of specific energy
   technologies, but not to encourage or support political activities such as
   the collection and dissemination of information related to potential, planned
   or pending legislation


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                                                                       SPRG-0503
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          SPECIAL TERMS AND CONDITIONS FOR FINANCIAL ASSISTANCE AWARDS

8.  REPORTING

      Failure to comply with the reporting requirements contained in this award
      will be considered a material noncompliance with the terms of the award.
      Noncompliance may result in a withholding of future payments, suspension
      or termination of the current award, and withholding of future awards. A
      willful failure to perform, a history of failure to perform, or of
      unsatisfactory performance of this and/or other financial assistance
      awards, may also result in a debarment action to preclude future awards by
      Federal agencies.

9.  APPROPRIATIONS ACT RESTRICTIONS

      If the appropriation symbol contained in Block 14.a. of the Notice of
      Financial Assistance Award for this award is listed below, paragraph 9.a.
      is applicable to this award, otherwise paragraph 9.b. applies:

                    89X0213.91           89X0215.91

      a. Department of Interior and Related Agencies Appropriations Act:
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         1. Lobbying Restriction (Interior Act)
            -----------------------------------

            The awardee agrees that none of the funds obligated on this award
            shall be made available for any activity or the publication or
            distribution of literature that in any way tends to promote public
            support or opposition to any legislative proposal on which
            Congressional action is not complete. This restriction is in
            addition to those prescribed elsewhere in statute and regulation.

         2. Compliance With Buy American Act
            --------------------------------

            In accepting this aware, the recipient agrees to comply with
            sections 2 through 4 of the Act of March 3, 1933 (41 U.S.C. 10a-10c,
            popularly known as the "Buy American Act"). The recipient should
            review the provisions of the Act to ensure that expenditures made
            under this award are in accordance with it.

      b. Veterans Affairs and Housing and Urban Development, and Independent
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         Agencies Appropriations Acts:
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         Lobbying Restriction (Energy and Water Appropriations)
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         The awardee agrees that none of the funds obligated on this award shall
         be expended, directly or indirectly, to influence congressional action
         on any legislation or appropriation matters pending before Congress,
         other than to communicate to Members of Congress as described in 18
         U.S.C. 1913. This restriction is in addition to those prescribed
         elsewhere in statute and regulation.

10. SUBMISSION OF SCIENTIFIC/TECHNICAL REPORTS

    Electronic Submission: Scientific/Technical reports must be submitted
    electronically via the DOE Energy Link System (E-Link) with the appropriate
    DOE Form 241 (See Federal Assistance Reporting Checklist, DOE F 4600.2).
    E-Link will allow you to complete the DOE F 241 online and then upload your
    report. It can be accessed at http://www.osti.gov/elink-2413.

    DOE Form 241.3, "U.S. Department of Energy (DOE), Announcement of Scientific
    and Technical Information (STI)": This form and instructions are available
    on E-Link. If there is any patentable material, protected data, or SBIR/STTR
    data in the report, the recipient must, consistent with the data protection
    provisions of the grant, clearly identify patentable or protected data on
    each page of the report, identify such material on the cover of the report,
    and mark the appropriate blocks in Section K of the DOE F 241.3. Other than
    patentable material, protected data, or SBIR/STTR data, reports must not
    contain any proprietary data (limited rights data), classified information,
    information subject to export control classification, or other information
    not subject to release. Protected data is specified technical data, first
    produced in the performance of the award, that is protected from public
    release for a period of time by the terms of the award agreement.

    Electronic Format: Reports must be submitted in the ADOBE PORTABLE DOCUMENT
    FORMAT (PDF) and be one integrated PDF file that contains all text, tables,
    diagrams, photographs, schematic, graphs, and charts. E-Link can provide
    more details about converting a file to PDF. Materials, such as prints,
    videos, and books, that are essential to the report but cannot be submitted
    electronically, should be sent to the Contracting Officer at the address
    listed in Block 12 of the Notice of Financial Assistance Award.


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                                                                       SPRG-0503