FY26 Science and Technology Business Startup Grant

About

The FY26 Science and Technology Business Startup Grant, organized by the New Mexico Economic Development Department, offers competitive funding ranging from $25,000 to $50,000 to support for-profit science and technology companies in New Mexico that are engaged in research and development with potential for technology commercialization. Eligible companies must operate in advanced computing, advanced energy, aerospace, or bioscience sectors. An informational webinar will be held on August 19, 2025, to provide further details about the application process, which is due by September 3, 2025.

Benefits

• Provides competitive state funding support
• Helps early-stage companies with business development expenses
• Assists in advancing technology commercialization
• Grant amounts range from $25,000 to $50,000

Eligibility Criteria

• Must be a for-profit science or technology company located in New Mexico
• Must operate in one of the following industries: advanced computing, advanced energy, aerospace, bioscience