Economic Development New Mexico logo
Three color line
  1. Home
  2. Grants
  3. New Mexico Science and Technology Business Startup Grant

New Mexico Science and Technology Business Startup Grant

The New Mexico Science & Technology (S&T) Business Startup grant is a competitive state funded grant that supports small businesses engaged in research and development (R&D). The goal of this grant is to assist early-stage companies in commercializing a unique technology or product with strong growth potential and continuing to do business in New Mexico. These awards fund New Mexico-headquartered technology companies to support market entry, customer acquisition, business expansion, and job creation.

Projects may be awarded between $25,000 and $50,000.

Eligibility

Eligible companies must be developing a technology or product with applications in one of the following Technology and Innovation Office (TIO) priority sectors: Advanced Computing, Advanced Energy, Aerospace & Defense Systems, and Bioscience.

Eligible funding uses include:

  • Intellectual property assessment
  • Patent filing
  • Outside lab testing and validation
  • Regulatory assessment and certifications
  • Meeting with customers, partners, or investors
  • Attending trade shows (no more than 10% of total awarded funds)
  • Market research and data acquisition

 

Ineligible funding uses include:

  • Payroll expenses
  • Research & Development
  • Materials or supplies over $100
  • Alcohol, drugs, food, etc.
  • Laboratory or Business Equipment

Information about the next application period will be posted as it becomes available.

Past Awardees

2026

Advanced Computing

Aperi CMC (Peralta), $50,000

Aperi CMC is developing engineering analysis software that will transform the simulation of extreme events, including explosions, landslides, avalanches, car crashes, and the deformation of earthen structures.

CAMINNO (Santa Fe), $50,000

CAMINNO is pioneering the next generation of hardware development with its AI-driven engineering and manufacturing software. Their technology empowers industries ranging from advanced energy (including nuclear fusion and geothermal) to aerospace and defense to accelerate innovation at scale.

Dash2 Labs (Albuquerque), $50,000

Dash2 Labs’ patent-pending core technology, “SAGE”, is a domain-adaptive expert AI system that captures, curates, and delivers operational intelligence at the point of work. SAGE is hyper-focused on bridging the growing workforce gap in additive manufacturing by leveraging a curated foundation of OEM manuals, best practices, industry standards, and expert reasoning to put an additive-manufacturing expert in every worker’s pocket.

Hoonify Technologies Inc. (Albuquerque), $50,000

Hoonify Technologies Inc. is developing TurbOS®, a computing platform that unifies simulation and AI together in one seamless environment. TurbOS accelerates time-to-results by simplifying the deployment, management, and analysis of advanced workloads, enabling faster, reproducible performance that scales effortlessly across edge systems, clusters, and private cloud environments.

Advanced Energy

GridFlow (Albuquerque), $50,000

GridFlow is developing a “first of a kind” lithium-sulfur hybrid flow battery for safe, low-cost energy storage. Their technology, licensed from Sandia National Laboratories, delivers medium to long-term energy storage, enabling solar and wind energy sources to become dispatchable assets to drive grid resiliency and affordability.

Halo Materials (Albuquerque), $50,000

Halo Materials is developing a novel reactor to produce high-quality graphite, a critical mineral used in the battery, nuclear, and defense industries. Leveraging natural gas as a feedstock, their proprietary technology dramatically reduces material waste and purification costs associated with producing battery anode active material, helping secure the domestic supply chains and mitigating risks posed by foreign dependence.

Telemetry Insight (Albuquerque), $50,000

Telemetry Insight is developing WellTempo®, a system that combines IoT hardware and proprietary software powered by AI to provide affordable remote monitoring, pump-off detection, and control solutions for oil and gas producers. WellTempo® is already in use by dozens of customers across several basins to maximize production and minimize lifting costs, making energy infrastructure smarter, safer, and more efficient.

TS-Nano (Albuquerque), $50,000

TS-Nano, based in Albuquerque, New Mexico, manufactures nanomodified polymers that prevent methane leaks from oil and gas wells. Their pioneering technology reduces greenhouse gas emissions and enables next-generation sealing solutions for geothermal, CO₂ sequestration, and hydrogen storage wells, advancing the clean energy transition.

Zenthos Energy (Albuquerque), $50,000

Zenthos Energy is developing novel aluminum-based batteries to support the rising global need for energy storage. Their goal is to store energy using aluminum-based batteries made from low-cost, broadly available, and safe materials.

Aerospace

BGS Engineering (Albuquerque), $50,000

BGS Engineering is developing multifunctional carbon composite materials that merge structural performance with energy resilience and environmental stability. Their technology platform enables lighter, smarter components for the next generation of aerospace, advanced energy systems, and beyond.

DFA Systems (Sandia Park), $50,000

DFA Systems produces highly modular, compact, low-cost attritable robotic systems for military use. Their flagship product, the Precision Flying Grenade (PFG), is a quadcopter-format group 1 attack drone.

ExtraTerrestrial Technologies Corporation (Bernalillo), $45,000

ExtraTerrestrial Technologies Corporation, LLC is developing a next-generation fire detection platform that provides early warning before smoke forms, protecting human life in both space and Earth environments. Their technology aims to enhance astronaut survival and in-space emergency response by creating interoperable, dual-use systems that benefit both space and terrestrial operations.

Rarefied Technologies (Albuquerque), $50,000

Rarefied Technologies has developed the only hardware that can sustainably fly in near-space, a region of Earth’s atmosphere that is too high for planes and balloons, but too low for satellites. The device uses a new propulsion mechanism to sustain passive flight for weeks or months at a time, powered solely by sunlight; no fuel, batteries, or solar cells required.

Bioscience

Reprotox Biotech (Albuquerque), $50,000

Reprotox Biotech is a start-up developing advanced in vitro engineered tissue models to evaluate the safety and efficacy of drugs, chemicals, cosmetics, and consumer products. The innovative 3D mini-testis platform, enhanced with AI-driven analysis, provides an ethical, cost-effective, and human-relevant alternative to animal testing.

Sandia Medical Technologies (Albuquerque), $50,000

Sandia Medical Technologies, an emerging orthopedic company, has developed a one-of-a-kind, patent-pending joint implant called Zepart® that replaces the third most common site for osteoarthritis in the body, the carpometacarpal joint (joint at the base of the thumb). The implant is designed to closely match the existing anatomy and restore a patient to near-normal strength and range of motion.

Shearit (Albuquerque), $30,000

Shearit LLC is developing Lamiflo™, a first-in-class, non-drug therapy that physically increases blood flow to the brain during stroke by enhancing red blood cell movement. By improving circulation without altering body chemistry, Lamiflo™ preserves brain tissue, extends treatment windows, and improves both patient and hospital outcomes.

Ursa Science (Santa Fe), $50,000

Ursa Science is developing a modular instrumentation system to advance the life sciences and biomanufacturing industries by reducing R&D costs and accelerating innovation. Their system consists of simple plug-and-play devices that can work individually or be connected and configured into advanced instrumentation systems.

ViBo Health (Los Alamos), $50,000

ViBo Health is advancing DigiScan™, a New Mexico–developed metabolic scanner that uses magnetic resonance to deliver clinical-grade health insights, including the early detection of metabolic conditions such as prediabetes, from a simple finger scan.

YEEO Eco-Safe (Albuquerque), $50,000

YEEO Eco-Safe is a New Mexico startup developing a line of mosquito control products made with food-grade ingredients, safe for people and the environment. Their first product, a mosquito larvicide, has been tested and proven highly effective on three continents against the mosquitoes that carry West Nile Virus, Dengue Fever, Zika, Chikungunya, and encephalitis.

DFA Systems

TS-Nano

Dash2 Labs

2025

EnviTrace LLC (Santa Fe), $42,000

EnviTrace LLC is developing cutting-edge Software-asa-Service (SaaS) tools for Artificial intelligence (AI) analyses, characterization, and prediction of geologic reservoir processes. The company focuses on consulting and research related to renewable energy and climate mitigation problems such as energy production and storage, geothermal extraction and utilization, carbon sequestration, and waste management.

SciVista, Inc. (Santa Fe), $42,000

SciVista, Inc. was founded in Santa Fe in 2018 and has developed SummitVR™, an immersive and collaborative Virtual Reality, Data Visualization software engine, and is launching FireVista™ in the fall of 2024. In training, FireVista™ can simulate fire scenarios in a safe and controlled environment for use in firefighter training, assist in planning and executing prescribed burns, and be used for public education on the importance of tree thinning and prescribed burns in wildfire management.

Sentiré Medical Systems, Inc. (Santa Fe), $32,000

Sentiré Medical Systems, Inc. is developing an intraoperative monitoring device to make the 15 million laparoscopic and robotic assisted surgical procedures performed annually safer, more efficient, and more cost effective. Sentiré is a National Science Foundation award winner and is using cutting-edge gas sensing and detection technology to address the most devastating and costly complications associated with laparoscopic surgery. Sentiré is also a New Mexico Lab-Embedded Entrepreneur Program fellow company.

Solstar Space Co. (Santa Fe), $50,000

Solstar Space provides internet-based communication solutions that keep people, spacecraft, and devices connected in space. The company supports space-based communications requirements from the Low Earth Orbit and suborbital requirements of today to the cislunar and lunar surface requirements of tomorrow, blazing new pathways in space communications for all types of on-orbit assets including satellites, space stations, launch vehicles, lunar gateways, habitats, landers, rovers, and more.

Spiritus Technologies PBC (White Rock), $50,000

Spiritus stands at the forefront of highquality direct-air capture (DAC) carbon removal, bringing to life a groundbreaking solution that captures and sequesters megaton-scale CO2 from the atmosphere. Their approach integrates a novel sorbent material, an innovative process design and a modular approach that promises cost-efficient and scalable carbon removal.

Undesert Corporation (Los Alamos), $42,000

Undesert’s patented technology purifies dirty water into pure water and dry salt, condensing water eight times the concentration of seawater (200,000 PPM) to ultra-pure (5 PPM) water. Their SWAP water purification technology leaves zero liquid discharge and is modular, scalable, and requires very little energy.

VastVision Technologies, LLC (Albuquerque), $42,000

VastVision bridges physical assets with digital automation that enables organizations to attach inexpensive passive chips to every asset in an environment and deploy a network of readers and antennas to monitor asset movement. The company then implements a software layer to control and automate digital processes associated with those assets, eliminating the need for manual status updates.

2024

Mercury Bio (Santa Fe)

Sparked by scientific breakthroughs in genomic research, Mercury Bio is developing a next-generation biomolecular drug delivery platform. RNA and small-molecule drugs can be delivered by their platform through highly specific cell targeting without creating an immune reaction. The platform will allow drug developers to speed their products to market by reducing the obstacles and risks encountered by traditional drug delivery systems. Low cost, speed to market, and high targeting will, most importantly,  dramatically improve patient outcomes.

Q Biotech (Rio Rancho)

Q Biotech Corp is developing a line of instruments for life science research and development. Its goal is to provide instruments that are easy to use, innovative, and use the latest advances in technology. The first instrument, Q Biotech Inceptum™ is a first-in-class, personal chromatography system that utilizes a multicolumn cartridge to achieve unparalleled purity and stability of the resulting antibody or other purified proteins.

Sunnoo (Las Cruces)

Sunnoo strives to bring simpler, more efficient solar innovation to people around the world. From a patented sun tracking turret technology to a stand-alone, electric vehicle DC fast-charge station, Sunnoo is developing innovative solutions to make solar work more efficiently.

Warpfactor Technologies (Santa Fe)

Warpfactor Antenna Technologies LLC is a New Mexico startup company headquartered in Santa Fe. It plans to bring next generation antenna technology to the ever-growing wireless and telecommunications industry via their product, LightSlingers™. LightSlingers™ are uniquely suited to bridge the digital divide in rural America and globally by enabling “Last Mile” networks with LightSlinger™ technology that will finally deliver equitable wireless, internet, and data access to all.

2023

Hawk Spider (Albuquerque) builds grid-scale, long-duration energy storage systems using off-the-shelf components for electricity producers and large electricity consumers. Utilizing modular shipping containers, their solution is prefabricated for ease of distribution and rapid installation on solar and wind project sites.

Hoonify Technologies (Albuquerque) is bringing high performance computing (HPC) capabilities to the masses. Hoonify turbocharges commonly available hardware andtransforms it into a high-performance computer, allowing users to have HPC capabilities in non-traditional environments and at a fraction of the cost of traditional HPC.

Roper Solutions dba Patch (Las Cruces) keeps off-grid workers safe and connected with PATCH, a patented wearable device that creates an encrypted mesh network so you can send text messages, map your team using GPS, and monitor their activity, without the need for cell service, Wi-Fi, or satellite.

Guardian Devices, LLC (Albuquerque) has developed the Solar Guardian, a photovoltaic connector that prevents arcing faults and stops solar array fires before they start.

Circular Genomics (Albuquerque) is a biotechnology and genomics company with a vision to use circular RNAs as novel and accurate biomarkers for the diagnosis and better treatment of psychiatric and neurological diseases.

2022

AllerPops Corp. (Los Alamos)

Allerpops is dedicated to relieving allergies for longer periods of time, removing the need for daily shots or pills, by treating the root cause of airborne allergies. AllerPops lollipops provide allergy relief lasting for months to years instead of mere hours by feeding good oral bacteria through their proprietary probiotic and prebiotic formula/foundation and all-natural ingredients.

K&K Skin Products (Albuquerque)

K&K Skin Products is a consumer company with a biotech twist. It is disrupting the skin care industry with a breakthrough patent-pending BioVer-X™️ Serum that reduces the appearance of wrinkles, acne scars, and stretch marks.

Molten Salt Solutions (Santa Fe)

Molten Salt Solutions is developing technology that will be needed by the next generation of nuclear reactors, including isotope separation methods and salt synthesis methods, with grant funding and in collaborations with Los Alamos National Laboratory.

Neurinsight LLC (Albuqerque)

Neurinsight was established in 2012 by Dr. Posse to improve patient healthcare outcomes by providing individualized, highly specific, and sensitive point-of-care clinical neuroimaging solutions to guide brain surgery at an affordable cost. The company has completed an NIH Phase I STTR grant to develop a realtime resting-state functional MRI (rt-rsfMRI) software tool based on its proprietary TurboFIRE technology to map eloquent cortex in patients with brain tumors.

Nob Hill Therapeutics, Inc. (NHT) (Albuquerque)

NHT is commercializing a technology from UNM, an inhaled dry powder drug delivery device, in order to create effective inhalation therapies to address lower respiratory tract infections – the fifth leading overall cause of death worldwide – and other deadly lung diseases.

Orch Tech LLC (Ohkay Owingeh)

ORC Tech is advancing the wireless industry through a portable, lightweight device to boost incoming signals and improve local connections for cell phones, laptops, satellite, and Wi-Fi internet receivers without the need for power plugs, cables, or batteries. The company has licensed this technology from NASA Johnson Space Center and is working to keep manufacturing and development in New Mexico.

STEM Boomerang (Albuquerque)

STEM Boomerang is a workforce recruitment platform that provides a warm handshake between employers and the New Mexico graduates looking for career opportunities in the state. Their goal is to reverse New Mexico’s brain drain by employing advanced technology alongside personal engagement for recruitment, retention, and repatriation of our state’s best and brightest STEM professionals.

T-Neuro Pharma (Albuquerque)

T-NeuroPharma was formed to develop a novel companion biomarker/therapeutic for Alzheimer’s Disease by taking a new approach to Alzheimer’s diagnosis and treatment. They have identified an abnormal population of TCells that enters the brain, attacks the neurons, and causes Alzheimer’s disease. These cells can be detected in a blood sample, which is the basis of their T-Track Diagnostic tool. The T-Track Therapeutic can block these cells from entering the brain.

2021

Avisa Diagnostics USA, Inc (Santa Fe)

Avisa offers an innovative approach to treating lung infections with rapid diagnostics to guide better clinical outcomes. The Avisa BreathTest produces a biomarker that identifies pulmonary infections with results in less than 10 minutes, allowing for quicker and more precise treatments for patients. A portion of the funds will go toward the design of a device for administering the Avisa BreathTest, taking place at Santa Fe Community College.

EVUS Inc. (Las Cruces)

EVUS technology combines Electromagnetic Induction (EMF) with an extended-length Magnetohydrodynamic (MHD) cell in a compact size device, with a global market of more than $20 billion per year. EVUS technology supports the hot water-based heating market, and other industrial water treatment and water-based cooling processes, with devices that are effective, clean, energy efficient, and easy to install and maintain. EVUS also provides cost-effective solutions that reduce carbon footprint, energy consumption, and harmful discharges.

iBeam Materials, Inc. (Santa Fe)

iBeam Materials has developed technology that enables microLED displays that are super-bright, paper-thin, flexible, and power-efficient using a low-cost, scalable approach. iBeam was one of a few companies selected for strategic investments by Samsung Ventures in the microLED space. The grant will help iBeam fundraise towards expansion and achieving their next milestones.

Osazda Energy (Albuquerque)

Solar panels operate outdoors for decades and consequently degrade due to environmental stressors. Osazda Energy provides an additive for silver pastes, a necessary component of solar cells, to minimize losses from cracking, harvesting more solar energy. Osazda Energy can deliver this additive product at a cost-effective price. The company plans to use the funds to validate the technology through third-party accelerated testing, which is required before the technology can enter the market.

Pajarito Powder (Albuquerque)

Pajarito Powder is a manufacturer of advanced catalysts for PEM and alkaline fuel cells and electrolyzers. Their materials feature greater durability and stability over the lifetime of the fuel cell stack. The performance improvements will be useful to the automotive industry, where new materials must prove scalable in terms of cost and performance. Grant monies will be used to expand staffing, purchase marketing materials and lab supplies, and more.

2020

AgilVax (Albuquerque)

AgilVax is a biopharmaceutical company that is creating novel antibody-based therapies to treat cancer patients that lack safe and effective therapeutic options. AgilVax has three development programs to treat many types of cancer. It has raised nearly $10 million to date to fund the development of its therapeutic programs.

Armonica Technologies (Albuquerque)

Armonica is developing genetic sequencing technologies on a platform that delivers all the key advantages of other single molecule platforms, while overcoming the critical limitations of current offerings in the market. The company seeks additional funding to develop prototype systems.

iBeam Materials (Santa Fe)

Within the industry, emissive displays based on microLED technology are currently being developed around the world for mobile devices, but technological and cost barriers have prevented quick commercialization. iBeam Materials has developed technology that enables microLED displays that are super-bright, paper-thin, flexible and power-efficient in a low-cost, scalable approach. iBeam was recently one of a few companies selected for strategic investments by Samsung Ventures in the microLED space. The Business Start-Up Grant will help iBeam seek additional funding to develop their product.

Mesilla Valley Organics (Mesquite)

Mesilla Valley Organics seeks to capture 5 percent of New Mexico’s market for hemp startup plants by genetically engineering a plant strain that will thrive in the harsh climate Southern New Mexico. Testing by the company has yielded plants 10 feet tall, with 10 percent CBD content, and yields of up to 9 pounds of flower. Mesilla Valley Organics is dedicated to Regenerative Agriculture Practices and only uses careful selective breeding techniques (not laboratory manipulations) and natural selection (Mother Nature) to achieve genetically adapted cultivars.

Petricor (Clovis)

Mainstream desktop printers have an inherent design limitation that prevents them from creating an object that is larger than the frame, and the pieces require post assembly to create a large object. Large-scale machines are cost prohibitive and hard to transport and setup. Petricor is developing the world’s first concepts of mobile printers for large formats with fewer limitations in scale. The grant will help cover the cost of building their third prototype, which is a more complex version meant to be used as an industrial machine.