New Mexico Entrepreneurship Programmatic Support Grant
Forecasted
New Mexico Entrepreneurship Programmatic Support Grant supports entrepreneurship organizations’ operations and programs to advance innovation, technology commercialization, and economic growth.
Funder: New Mexico Economic Development Department
Due Dates: Due Dates (Anticipated): Not yet announced
Funding Amounts: Up to $2.5 million; all work completed within 12 months of grant agreement execution
Summary: Non-dilutive funding supports entrepreneurship organizations’ operations and programs advancing innovation and technology commercialization in New Mexico.
Key Information: Proposals must include planned or existing entities with a physical presence in New Mexico and align with a TIO priority sector.
Description
The New Mexico Entrepreneurship Programmatic Support Grant is a competitive, state-funded program administered by the New Mexico Economic Development Department’s Technology and Innovation Office (TIO). It provides non-dilutive funding for the operational needs of entrepreneurship-focused organizations, including incubators, accelerators, and venture studios. Organizations can use this support to sustain, expand, or establish programs and services advancing innovation, entrepreneurship, and technology commercialization.
The program aims to grow and diversify New Mexico’s economy through work aligned with advanced computing, advanced energy, aerospace and defense systems, and bioscience. Past funded activities include federal research proposal assistance, healthcare technology pilots, startup board governance training, access to space-sector infrastructure and expertise, and opportunities for advanced energy startups to test technologies with a utility partner.
