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NM Small Business Innovation Research (SBIR) Matching Grant

NM Small Business Innovation Research (SBIR) Matching Grant

Funds New Mexico for-profit SBIR/STTR companies through state matching support.

PausedNew Mexico Economic Development DepartmentUnited StatesDeep-tech · core fit

Eligibility · New Mexico

The New Mexico Economic Development Department administers the NM Small Business Innovation Research Matching Grant as state matching support for New Mexico-based for-profit companies with active SBIR/STTR awards. The captured facts say eligible companies must have an active Phase I or Phase II SBIR/STTR award, or be within three months of Phase I ending with intent to apply for Phase II.

The accepted source facts did not state a current application deadline, award amount, pool or scoring rubric. The page does state that eligible funding uses cover business-development expenses that are not eligible for federal SBIR funds, including IP assessment, patent filing, outside lab testing and validation, regulatory assessment and customer, partner or investor meetings.

Business-development expenses for New Mexico science and technology companies with active Phase I or Phase II SBIR/STTR awards, prioritizing aerospace, biosciences, advanced computing, water technologies and advanced energy.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Matching Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 23 Jun 2026Source: www.edd.newmexico.gov