Technology and Innovation Office (TIO), New Mexico Economic Development Department logo
New Mexico SBIR/STTR Matching Grant

NM SBIR/STTR Matching Grant

Funds New Mexico firms that partner with federal small business research achievements.

Between cyclesTechnology and Innovation Office (TIO), New Mexico Economic Development DepartmentUnited StatesFocused on New Mexico
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About

The New Mexico SBIR/STTR Matching Grant, administered by the Technology and Innovation Office (TIO) within the New Mexico Economic Development Department, provides state-funded cash grants to New Mexico-based for-profit companies that hold an active federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) award. Phase II federal awardees may receive up to $100…

What this grant funds

Commercialization activities for New Mexico-based for-profit companies holding an active federal SBIR or STTR Phase I or Phase II award.

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

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Industries

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Eligibility criteria

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Timeline

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Where founders trip up

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Last verified: 24 Jul 2026Source: www.edd.newmexico.gov