New Mexico Science and Technology Business Startup Grant

Apply for the New Mexico Science & Technology Business Startup Grant, offering $25K–$50K to early-stage companies commercializing innovative technologies. Home Grants New Mexico Science and Technology Business Startup Grant New Mexico Science and Technology Business Startup Grant The New Mexico Science & Technology (S&T) Business Startup grant is a competitive state-funded grant that supports small businesses engaged in research and development (R&D). The goal of this grant is to assist early-stage companies in commercializing a unique technology or product with strong growth potential and continuing to do business in New Mexico. These awards fund New Mexico-headquartered technology companies to support market entry, customer acquisition, business expansion, and job creation. Projects may be awarded between $25,000 and $50,000. Eligible companies must be developing a technology or product with applications in one of the following Technology and Innovation Office (TIO) priority sectors: advanced energy, advanced computing, aerospace & defense systems, and biosciences. Applications are now closed. Past Awardees 2026 Advanced Computing Aperi CMC (Peralta), $50,000 Aperi CMC is developing engineering analysis software that will transform the simulation of extreme events, including crashes, and the deformation of earthen structures. CAMINNO (Santa Fe), $50,000 CAMINNO is pioneering the next generation of hardware development with its AI-driven engineering and manufacturing software. Their technology empowers industries ranging from advanced energy (including nuclear fusion and geothermal) to aerospace and defense to accelerate innovation at scale. Dash2 Labs (Albuquerque), $50,000 Dash2 Labs’ patent-pending core technology, “SAGE”, is a domain-adaptive expert AI system that delivers operational intelligence at the point of work. SAGE is hyper-focused on bridging the growing workforce gap in additive manufacturing by leveraging a curated foundation of OEM manuals, best practices, industry standards, and expert reasoning to put an additive-manufacturing expert in every worker’s pocket. Hoonify Technologies Inc. (Albuquerque), $50,000 Hoonify Technologies Inc. is developing TurbOS®, a computing platform that unifies simulation and AI together in one seamless environment. TurbOS accelerates time-to-results by simplifying the analysis of advanced workloads, enabling faster, reproducible performance that scales effortlessly across edge private cloud environments. Advanced Energy GridFlow (Albuquerque), $50,000 GridFlow is developing a “first of a kind” lithium-sulfur hybrid flow battery for safe, low-cost energy storage. Their technology, licensed from Sandia National Laboratories, delivers medium to long-term energy storage, enabling solar and wind energy sources to become dispatchable assets to drive grid resiliency and affordability. Halo Materials (Albuquerque), $50,000 Halo Materials is developing a novel reactor to produce high-quality graphite, a critical mineral used in the defense industries. Leveraging natural gas as a feedstock, their proprietary technology dramatically reduces material waste and purification costs associated with producing battery anode active material, helping secure the domestic supply chains and mitigating risks posed by foreign dependence. Telemetry Insight (Albuquerque), $50,000 Telemetry Insight is developing WellTempo®, a system that combines IoT hardware and proprietary software powered by AI to provide affordable remote monitoring, pump-off detection, and control solutions for oil and gas producers. WellTempo® is already in use by dozens of customers across several basins to maximize production and minimize lifting costs, making energy infrastructure more efficient. TS-Nano (Albuquerque), $50,000

Eligible companies must be developing a technology or product with applications in one of the following Technology and Innovation Office (TIO) priority sectors: advanced energy, advanced computing, aerospace & defense systems, and biosciences. Applications are now closed.