NEW MEXICO ECONOMIC
DEVELOPMENT DEPARTMENT

Science & Technology Business Startup Grants

High growth New Mexico companies in the science and technology field with fewer than 50 employees may qualify for a grant of $10,000 – $25,000. 

ELIGIBILITY:

  1. New Mexico based for profit science or technology company in the one of the following industry sectors (Aerospace, Biosciences, Cybersecurity, Intelligent Manufacturing, Sustainable, and Green Energy).
  2. Have a CRS Tax ID, EIN#, Company headquarter in NM
  3. Be a “high-growth-potential company” with fewer than 50 employees
  4. Provide a letter of good standing or Certificate of Compliance with NM Taxation and Revenue

Eligible companies must be working in a science and technology sector:

High-Growth-Potential

The following guidelines will be used to determine whether an applicant qualifies as high growth: