June 11, 2024SANTA FE, N.M. – New Mexico Economic Development Department (EDD) Acting Cabinet Secretary Mark Roper said that today’s announcement by the White House of another award to a New Mexico company under the CHIPS and Science Act solidifies New Mexico as a...
State Awards $760,000 in Inaugural Round of Research University Commercialization Awards
May 16, 2024SANTA FE, N.M. – The New Mexico Economic Development Department (EDD), through its Office of Strategy, Science & Technology (OSST), has awarded $760,000 in grant funding and entrepreneurship consulting to three teams commercializing technology...
State Awards $3.4 Million in Inaugural Round of Advanced Energy Grant Pilot Program
May 13, 2024ALBUQUERQUE, N.M. – The New Mexico Economic Development Department (EDD), through its Office of Strategy, Science and Technology (OSST), has awarded $3.4 million in competitive grant funding to seven New Mexico companies in the inaugural round of the...
New Mexico Economic Development Department Finalizes Energy Transition Act Awards
April 12, 2024FARMINGTON, N.M. – The New Mexico Economic Development Department (EDD) has finalized awards from the Energy Transition Economic Development Assistance Fund to four projects that will diversify the economy and create jobs unrelated to fossil fuel...
White House Investment set to make New Mexico a vital domestic epicenter for advanced chip manufacturing
March 20, 2024SANTA FE, N.M. – New Mexico Gov. Michelle Lujan Grisham today applauded the White House announcement that will make New Mexico a vital domestic epicenter for silicon chip manufacturing.
Five New Mexico companies awarded $1M+ federal grants for climate tech development
March 7, 2024SANTA FE, N.M. – Five New Mexico small businesses have been awarded grants of over a million dollars each from the U.S. Department of Energy (DOE) Office of Science to further technology innovation and commercialization in climate tech, New Mexico...
State Awards SBIR/STTR Grants to 7 Innovative Businesses
February 13, 2024SANTA FE, N.M. – The New Mexico Economic Development Department, through its Office of Strategy, Science and Technology (OSST), has awarded SBIR/STTR Matching grants to seven companies to support innovation development and jumpstart commercialization.
Rocket Lab Celebrates CHIPS Act Funding Preliminary Agreement in Albuquerque
July 16, 2024Long Beach, Calif. July 16, 2024– Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, welcomed government and community leaders at its space-grade solar cells manufacturing facility in...
EDD launches award for advanced energy innovation and commercialization
October 30, 2023SANTA FE, N.M. – The New Mexico Economic Development Department (EDD) today launched the New Mexico Advanced Energy Award Pilot Program, a new state grant focused on supporting technology growth and commercialization in advanced energy technologies.
EDD Awards Four Science & Technology Startup Grants
October 27, 2023SANTA FE, N.M. – New Mexico Economic Development Department (EDD) Deputy Secretary Jon Clark announced today that four New Mexico companies were awarded Science & Technology Business Startup Grants, each receiving an award of $25,000.