New Mexico Science and Technology Business Startup Grant - Program Year 2026
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New Mexico Science & Technology Business Startup Grant
The New Mexico Science & Technology (S&T) Business Startup grant is a competitive state funded grant that non-dilutive funding of any amount between $25,000 and $50,000 to support small businesses engaged in research and development (R&D) with the potential to commercialize a technology. The S&T Business Startup Grant assists early-stage companies in developing a unique product with strong growth potential. These funds may be used to cover expenses related to business development such as marketing, customer acquisition, patent filing fees, conference travel, and related costs.
Only companies headquartered in New Mexico are eligible for this award.
The grant manual can be found here.
For technical assistance with the online application, please contact:
Esteban Martinez, TIO Sr. Economic Development Coordinator esteban.martinez@edd.nm.gov