TIO Grants
TIO Grants support New Mexico businesses, research institutions, and entrepreneurship organizations with technology R&D, business development, and infrastructure funding to advance commercialization.
Funder: New Mexico Economic Development Department
Due Dates: Rolling (Capital Leverage and Targeted Federal Match) | November 4, 2026 (NSF Strategic Breakthrough) | December 17, 2026 (DOE Genesis Phase II)
Funding Amounts: Startup: $25,000–$50,000; SBIR/STTR match: $50,000–$100,000; Quantum: up to $200,000; Capital Leverage and Targeted Federal Match: at least $1 million
Summary: Competitive, non-dilutive grants support New Mexico technology R&D, commercialization, entrepreneurship services, and innovation infrastructure.
Description
The New Mexico Economic Development Department’s Technology and Innovation Office (TIO) operates a suite of grants supporting small businesses, research institutions, entrepreneurship organizations, and innovation infrastructure. Priority sectors are advanced computing—including artificial intelligence, cybersecurity, and quantum computing—advanced energy, aerospace and defense systems, and bioscience. Awards support technology business development and commercialization while leveraging federal, philanthropic, and private investment.
Capital Leverage and Targeted Federal Match use the state’s Research, Development and Deployment (RD&D) Fund to bring outside investment into New Mexico projects. Other programs support early-stage companies, federal SBIR/STTR award recipients, advanced energy and quantum technologies, entrepreneurship organizations’ operations, and physical spaces that foster innovation and technology commercialization.
