New Mexico Innovation Hubs Grant
Forecasted
New Mexico Innovation Hubs Grant supports hubs serving technology companies, funding labs, offices, and prototyping spaces to help businesses start, scale, and commercialize research in New Mexico.
Funder: New Mexico Economic Development Department
Due Dates: Next application period: information will be posted as available
Funding Amounts: Competitive, state-funded, non-dilutive grants for physical infrastructure
Summary: Supports shared labs, offices, prototyping spaces, and facilities that help technology companies start, scale, and commercialize research in New Mexico.
Key Information: Innovation hubs must have a physical presence in New Mexico and serve multiple clients, partners, or stakeholders.
Description
The New Mexico Innovation Hubs Grant is administered by the New Mexico Economic Development Department through its Technology and Innovation Office (TIO). Launched in 2025 with new legislative funding, it addresses gaps in entrepreneurial infrastructure identified in the state’s Science & Technology roadmap. The program supports the development, expansion, and improvement of physical spaces and facilities, including labs, offices, prototyping spaces, shared equipment, and collaborative environments.
These investments provide resources companies need to start, scale, and succeed in New Mexico. Innovation hubs support entrepreneurship and technology commercialization while contributing to the growth and diversification of the state’s economy. The program expects alignment with one or more TIO priority sectors: Advanced Computing, Advanced Energy, Aerospace & Defense Systems, and Bioscience.
