New Mexico Innovation Hubs Grant

Explore the New Mexico Innovation Hubs Grant, offering up to $2.5M in funding to develop innovation spaces, support entrepreneurship, and accelerate technology commercialization. Home Grants New Mexico Innovation Hubs Grant New Mexico Innovation Hubs Grant The Innovation Hubs Grant is a competitive state-funded grant that awards non-dilutive funds to proposals for physical infrastructure that support the improvement of physical spaces or facilities that enable or foster technology commercialization. Innovation hubs are defined as planned or existing entities with a physical presence in New Mexico that incubate technology innovation through services and facilities used by multiple stakeholders. Innovation hubs support technology commercialization through shared collaborative environments that drive economic growth in New Mexico. These innovation hubs are expected to contribute to the growth and diversification of New Mexico’s economy and have alignment with one or more of TIO’s priority sectors: Advanced Energy, and Aerospace. Applicants may request any amount up to $2.5 million, but should only request what is needed to successfully complete the proposed work. Eligible proposals for this grant: Must include planned or existing entities with a physical presence in New Mexico that incubate technology innovation through services and facilities used by multiple stakeholders. Must align with one or more of TIO’s priority sectors: Advanced Computing, Advanced Bioscience. Must support innovation, entrepreneurship, and/or technology commercialization through shared spaces, equipment, and/or collaborative environments that drive economic growth in New Mexico. Must plan to complete all work within twelve months of grant agreement execution. Applications will be accepted from August 11 to September 8, 2025. Click here to view FY26 Grant Manual Watch the informational webinar

Eligible proposals for this grant: Must include planned or existing entities with a physical presence in New Mexico that incubate technology innovation through services and facilities used by multiple stakeholders.