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 Grants Submenu 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. Eligibility Eligible companies must be developing a technology or product with applications in one of the following Technology and Innovation Office (TIO) priority sectors: Advanced Computing, Advanced Energy, Aerospace & Defense Systems, and Bioscience . Eligible funding uses include: Intellectual property assessment Patent filing Outside lab testing and validation Regulatory assessment and certifications Meeting with investors Attending trade shows (no more than 10% of total awarded funds) Market research and data acquisition Ineligible funding uses include: Payroll expenses Research & Development Materials or supplies over $100 , etc. Laboratory or Business Equipment Information about the next application period will be posted as it becomes available. 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 a

Eligibility Eligible companies must be developing a technology or product with applications in one of the following Technology and Innovation Office (TIO) priority sectors: Advanced Computing, Advanced Energy, Aerospace & Defense Systems, and Bioscience.