NEW MEXICO ECONOMIC DEVELOPMENT DEPARTMENT
The presence of three national laboratories, three research universities, state-supported programs, and incentives for technology-based businesses in New Mexico has created a nurturing environment for technology commercialization in the state. Technology can be licensed from The Airforce Research Laboratory, Sandia and Los Alamos National Laboratories as well as from the University of New Mexico, New Mexico State University, and New Mexico Tech through their corresponding technology transfer offices which are described below.
New Mexico’s technological strengths include:
Programs that support development of technology are available in the state. These programs provide entrepreneurs the expertise of laboratory researchers and scientists,access to capital, and facilities. Available programs also offer quality control and manufacturing assistance. Finally, state tax credits have been established to promote the use of New Mexico’s technology resources by incentivizing in-state R&D activities and investment.
Technology business owners will find valuable resources and programs available in New Mexico. EDD’s Office of Science & Technology helps tech companies find the resources they need to achieve success, including funding programs that support the cost of commercialization, provide matching funds for SBIR recipients and Business Start-Up Grants up to $10,000.
New Mexico EconomicDevelopment DepartmentJoseph M. Montoya Building1100 S. St. Francis DriveSanta Fe, NM 87505-4147
Mailing Address:New Mexico EconomicDevelopment DepartmentP.O. Box 20003Santa Fe, NM 87504-5003
Main number: (505) 827-0300 (se habla español)Fax: (505) 827-0328
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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