TIO Grants from the New Mexico Economic Development Department support research, development, and commercialization in advanced technology sectors like computing, energy, aerospace, and bioscience.
Funder: New Mexico Economic Development Department
Due Dates: September 3, 2025 (Science & Technology Business Startup Grant) | September 8, 2025 (Innovation Hubs and Entrepreneurship Programmatic Support Grants) | April 30, 2027 (Quantum Technologies Award)
Funding Amounts: $25,000–$50,000 (Startup Grant) | Up to $2.5M (Innovation Hubs/Entrepreneurship Support) | Up to $200,000 (Quantum Technologies Award); all are one-year awards.
Summary: Competitive, non-dilutive grants for New Mexico-based small businesses and organizations advancing R&D and commercialization in priority technology sectors.
Key Information: Applicants must be headquartered in New Mexico and focused on advanced computing, energy, aerospace, or bioscience.
The New Mexico Economic Development Department’s Technology and Innovation Office (TIO) offers a suite of competitive, non-dilutive grant programs supporting small businesses and organizations in New Mexico involved in research, development, and commercialization of new technologies. These grants target sectors such as advanced computing (AI, cybersecurity, quantum computing), advanced energy, aerospace and defense, and bioscience. The funding aims to foster innovation, support entrepreneurship, build physical and programmatic infrastructure, and accelerate technology-driven economic growth statewide.