The initiative is a competitive, state-funded grant that supports the commercialization of technologies developed through federal SBIR/STTR grant awards.
Source: New Mexico Technology and Innovation Office
The New Mexico Technology & Innovation Office (TIO) is now accepting applications for the Small Business Innovation Research (SBIR) / Small Business Technology Transfer (STTR) Matching Grant.
The initiative is a competitive, state-funded grant that supports the commercialization of technologies developed through federal SBIR/STTR grant awards. This grant assists early-stage companies in preparing products for market entry, sales, business expansion and job creation.
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New Mexico-based for-profit companies with an active Phase I or Phase II SBIR/STTR award are eligible to apply. Businesses whose Phase I award ended within the past three months and intend to apply for a Phase II award are also eligible.
Science and technology companies in the following industry sectors will be prioritized: aerospace and defense, biosciences, advanced computing and quantum, and advanced energy and water technologies.
Applications are due by Tuesday, November 17, 2026, at 5 p.m. Mountain Time.
An informational webinar about the program will be held on Monday, October 27, 2026, at 2 p.m. Mountain Time. Register for the webinar here.
For more information, including the grant manual and application link, visit the TIO SBIR/STTR Matching Grant webpage.
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