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Program

New Mexico Advanced Energy Award (NMAEA)

Funds advanced energy innovation and pilot projects for New Mexico-based companies.

The New Mexico Advanced Energy Award sits under the Technology and Innovation Office within the New Mexico Economic Development Department and funds advanced energy innovation and commercialization. It is a competitive grant for small businesses, with two tracks that split between foundational R&D and pilot projects.

The award goes up to $1 million. The R&D track is limited to New Mexico-headquar…

Max award$1M
Realistic median—
Success rate—
Decision time—

No upcoming rounds verified. Cadence: Annual.

Last verified: 29 May 2026Source: www.edd.newmexico.gov