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 will fund New Mexico-headquartered technology companies with the goal of 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:
Eligible funding uses include:
Ineligible funding uses include:
Applications will be accepted from August 12 to September 3, 2025.
