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OpenState programOpen to for-profit businesses

New Mexico Small Business Innovation Research (SBIR) Matching Grant – Program Year 2027

New Mexico Economic Development Department, Technology & Innovation Office (TIO)Closes Nov 17, 2026(28 days left)$50,000 – $100,000

Summary

New Mexico-headquartered tech companies holding federal SBIR/STTR awards in energy, computing/quantum, biosciences or aerospace/defense can win $50,000–$100,000 for commercialization and business development. Due Nov 17, 2026.

About this grant

Awards non-dilutive funds of $50,000 to $100,000 for business development expenses to selected New Mexico recipients of federal SBIR and STTR awards, to accelerate commercialization through market entry, customer acquisition, business expansion and job creation. Applicants must be New Mexico-headquartered technology companies in a TIO priority sector. Applications are due November 17, 2026 at 5 pm Mountain Time; an informational webinar is set for October 27, 2026.

Who can apply

  • Small businesses
  • For-profit companies

New Mexico headquartered technology companies

Recipients of federal SBIR or STTR awards for proof-of-concept and R&D activities

Developing a technology or product for a TIO priority sector: Advanced Energy, Advanced Computing & Quantum, Biosciences, or Aerospace & Defense

Topics and uses of funds

Topics

  • Technology
  • R&D
  • SBIR

Money can be used for

  • Commercialization
  • Business development
  • Market entry

Program contact

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