NM Angel Investment Tax Credit

The NM Angel Investment Tax Credit sits under the New Mexico Taxation and Revenue Department and is built to make private angel capital more attractive for New Mexico companies. It benefits New Mexico resident accredited investors who put money into New Mexico-based research, development, or manufacturing businesses, while the company itself sits on the receiving side of the investment rather than claiming the credit. The credit equals 25 percent of a qualifying investment, up to $62,500 per investment, with as many as five qualifying investments allowed per investor in a taxable year. A statewide annual cap of $2 million applies on a first-come, first-served basis, and unused credit can carry forward for five years. The investee company must be registered with the Economic Development Department and TRD for angel eligibility before the investment is made. The strongest fit is a founder raising from New Mexico angel investors who can use a tax benefit to close the round. Because the incentive belongs to the investor, companies need to line up eligibility certification, residency rules, and closing timing before money changes hands. That makes the program a financing tool for deal formation rather than a direct operating subsidy.

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