TIO Grants

Technology and Innovation Office (TIO) division resources and information for EDD customers, including guidance. Home Grants TIO Grants TIO Grants The Technology and Innovation Office (TIO) offers competitive, non-dilutive grants to support New Mexico small businesses engaged in research and development and in commercializing new technology. Grants focus on technologies in the following sectors: advanced computing (including artificial quantum computing), advanced energy, aerospace & defense systems, and bioscience. NOW OPEN: Targeted Federal Match Grants TIO is now accepting applications for the Targeted Federal Match solicitation, the first under the state’s new Research, Development & Deployment (RD&D) Fund. It is dedicated to matching funds for a defined set of priority federal programs that align with the state’s technology and innovation priorities and target sectors. State matching funds are available for projects that secure at least $1 million in non-state funding. Learn more & apply SBIR/STTR Matching Grant The SBIR/STTR Matching Grant awards non-dilutive funds between $50,000 and $100,000 for business development expenses to selected New Mexico recipients of federal Small Business Innovation Research and Small Business Technology Transfer awards. Science & Technology Business Startup Grant The Science & Technology Business Startup Grant awards non-dilutive funds between $25,000 and $50,000 for business development expenses to early-stage New Mexico companies commercializing new technology. Entrepreneurship Programmatic Support Grant The Entrepreneurship Programmatic Support Grant awards non-dilutive funds to proposals that support the operational needs of entrepreneurship-focused organizations, including venture studios. This funding is designated to help organizations establish new programs and services that advance technology commercialization. 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. Advanced Energy Award The Advanced Energy Award gives non-dilutive funds to New Mexico companies developing and commercializing technologies in advanced energy. Quantum Technologies Award The Quantum Technologies Award offers non-dilutive funds up to $200,000 to early-stage companies working in quantum technologies that are located in New Mexico or establishing a presence in New Mexico.