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Program

NM Small Business Innovation Research (SBIR) Matching Grant

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

New Mexico Economic Development DepartmentNew MexicoMatching Grant

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.

AerospaceAIBiotechEnergy Tech

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.

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