New Mexico Economic Development Department logo
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.

Between cyclesNew Mexico Economic Development DepartmentUnited StatesEligible in New Mexico
View on funder site
About

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. 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 New Mexico Economic Develo…

What this grant funds

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.

Key facts
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.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.—
Funding analytics

Sign up free to see the funding breakdown

Create free accountSign in
Industries

Sign up free to see the industries in scope

Create free accountSign in
Eligibility criteria

Sign up free to see the full eligibility

Create free accountSign in
Where founders trip up

Sign up free to see where teams trip up

Create free accountSign in
Last verified: 24 Jul 2026Source: www.edd.newmexico.gov