-and-
Funds must be used for business development purposes and not duplicate items or activities funded by the federal SBIR/STTR award.
Source: New Mexico Economic Development Department
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.
The informational webinar on May 27 is encouraged for all SBIR Matching Grant applicants. Learn more on our SBIR Matching Grant webpage.
