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Oct 23, 2024 · Economic Development New Mexico

NM SBIR Grants Announced

SBIR Webinar on Oct 30

The Office of Strategy, Science & Technology announces the

FY 2025 NM SBIR Matching Grant

Application deadline: Monday, November 13 at 5 p.m.

The New Mexico Economic Development Department is offering Small Business Innovation Research (SBIR) Matching Grants of up to $100,000 to accelerate the commercialization of technologies developed with the aid of the Federal SBIR/STTR awards.

Phase I grants - up to $50,000

Phase II grants - up to $100,000

This is a competitive grant for New Mexico for-profit technology companies with high-growth potential. To be eligible, companies must have an active Phase I or Phase II SBIR/STTR or be within 3 months of a Phase I having ended, with intentions of applying for a Phase II. Funds must be used for business development purposes and not duplicate items or activities funded by the federal SBIR/STTR award.

Science and technology companies in any of the following industry sectors will be prioritized: aerospace, biosciences, advanced computing, water technologies, and advanced energy.

Register for the SBIR Informational Webinar

Apply for the SBIR Matching Grant

The informational webinar on Oct. 30 is encouraged for all SBIR Matching Grant applicants. Learn more on our SBIR Matching Grant webpage .

New Mexico Economic Development Department Office of Strategy, Science & Technology

EDD.newmexico.gov/OSST

New Mexico Economic Development Department | 1100 South St. Francis Dr. Joseph M. Montoya Building | Santa Fe, NM 87505-4147 US

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