Joseph M. Montoya Building
1100 S. St. Francis Drive
Santa Fe, NM 87505
Albuquerque Office
500 Marquette Ave NW Suite 640
Albuquerque, NM 87102
The Entrepreneurship Programmatic Support Grant is a competitive state-funded grant that awards non-dilutive funds to proposals that support the operational needs of entrepreneurship-focused organizations in New Mexico, including incubators, accelerators, or venture studios. This funding is designated to help organizations sustain, expand, or establish new programs and services that advance innovation, entrepreneurship, and technology commercialization.
These programs and services 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, Advanced Energy, Aerospace, and Bioscience. All work must be completed within twelve months of grant agreement execution.
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:
The grant manual was updated on 8/15/2025 to clarify applicant eligibility.
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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