The New Mexico Match Fund – Matching Grant helps New Mexico entities meet federal grant match requirements for research, infrastructure, and innovation, administered by the Department of Finance and Administration.
Funder: New Mexico Department of Finance and Administration
Due Dates: Rolling (applications accepted continuously; first-come, first-served)
Funding Amounts: Up to $2.5M per application for state agencies/higher ed; up to $10M per application for others; at least 40% of funds reserved for rural, frontier, and tribal governments.
Summary: Supports eligible NM entities in meeting federal grant match requirements for infrastructure, research, economic development, energy transition, and other critical projects.
Key Information: Applications must be tied to a federal grant application submitted within 120 days before or after the Match Fund application.
The New Mexico Match Fund – Matching Grant, administered by the New Mexico Department of Finance and Administration (DFA), provides state funding to help eligible New Mexico entities meet the non-federal match requirements of federal grants. The program is designed to maximize federal investment in New Mexico by ensuring that state, local, tribal, and public organizations are able to access and leverage federal funding for projects in infrastructure, research, economic development, energy transition, and other priority areas. At least 40% of available funds are reserved for rural, frontier, and tribal governments, supporting equitable access across the state.