The Innovation Hubs Grant is a competitive state-funded grant that awards non-dilutive funds to proposals for physical infrastructure that support the development, expansion, or improvement of physical spaces or facilities that enable or foster innovation, entrepreneurship, and technology commercialization.
Innovation hubs are defined as planned or existing entities with a physical presence in New Mexico that support, enable, accelerate, or incubate technology innovation through services and facilities used by multiple clients, partners, or stakeholders. Innovation hubs support innovation, entrepreneurship, and technology commercialization through shared spaces, equipment, and collaborative environments that drive economic growth in New Mexico.
These innovation hubs are expected to contribute to the growth and diversification of New Mexico’s economy and have alignment with one or more of TIO’s priority sectors: Advanced Computing, Bioscience, Advanced Energy, and Aerospace.
Applicants may request any amount up to $2.5 million, but should only request what is needed to successfully complete the proposed work.
Eligible proposals for this grant:
Important dates:
New Mexico Economic Development Department
Main number: (505) 827-0300 (se habla español)
Deaf & hard of hearing assistance:
text (505) 827-0300
Email: info@edd.nm.gov
Joseph M. Montoya Building
1100 S. St. Francis Drive
Santa Fe, NM 87505
Albuquerque Office
500 Marquette Ave NW Suite 640
Albuquerque, NM 87102
Mailing Address:
New Mexico Economic
Development Department
P.O. Box 20003
Santa Fe, NM 87504-5003
The mission of the New Mexico Economic Development Department is to Improve the lives of New Mexico families by increasing economic opportunities and providing a place for businesses to thrive.
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