New Mexico Science & Technology Business Startup Grant 2026

About

A state-funded grant program providing financial support for startups in New Mexico focused on advanced technology sectors, aimed at fostering innovation and growth in areas such as advanced energy, computing, aerospace, and biosciences. Participants can receive funding between $25,000 and $50,000 to assist with market entry and business expansion, along with access to an informational webinar to guide their application process.

Benefits

• 💰Financial Support
  Projects may be awarded between $25,000 and $50,000
• 📈Market Support
  Funding supports market entry, customer acquisition, business expansion, and job creation
• 🎓Informational Webinar
  Participation in an informational webinar on June 23, 2026, at 2pm MDT.

Eligibility Criteria

• Eligible companies must be developing a technology or product with applications in one of the following priority sectors: advanced energy, advanced computing, aerospace & defense systems, or biosciences
• Companies must be headquartered in New Mexico
• Must be engaged in research and development (R&D)
• Must demonstrate strong growth potential.

Participation Commitments

• Applications will be accepted from June 16 until July 7th, 2026, at 5pm MDT
• Must attend the informational webinar if interested
• Must provide a clear and compelling business proposition.

Target Sector

Advanced Energy, Advanced Computing, Aerospace & Defense Systems, Biosciences

Target Location

New Mexico