Grant & Contract Funding Opportunities
Recurring Funding Opportunities
Federal grant and state funding opportunities are available throughout the year from a number of relevant funding agencies. Check out more by following the tabs. Find additional annual and one of a kind statewide or regional grants available below.
NM EDD Science & Technology Business
Start-Up Grants
Register here for an informational webinar for this year’s submissions on June 23, 2026, at 2 pm MDT.
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.
Businesses that are eligible to apply for the S&T Business Startup Grant:
- Must be headquartered in New Mexico.
- Must have a New Mexico Business Tax ID Number (BTIN), a
physical NM address, EIN number, and a valid NAICS code corresponding to a science/technology business. - Must have staff physically present in the state and occupy a physical space.
- Must be a for-profit technology business with a focus on one of TIO’s priority sectors: Advanced Computing, Advanced Energy & water, Aerospace & Defense, or Bioscience.
About
The Commercial Development Program provides financing for building or renovation projects to increase the inventory of commercial space that will attract businesses to New Mexico and achieve economic benefits for the state.
Businesses that applied in previous rounds may apply in subsequent rounds and are encouraged to review the revised Evaluation and Prioritization Policy to determine if your project is a good fit for the program. You must resubmit your application to be considered in subsequent rounds.
Questions? We’re happy to help. Please call (505) 992-9687 or email OERF@nmfa.net.
Eligibility
Both for-profit and nonprofit entities are eligible to apply.
Businesses need to be engaged in a project that increases the inventory of commercial space in New Mexico, while creating or expanding economic opportunity in the state.
The developer of the project is not intended to be the primary occupant of the commercial facility.
Applicants must provide sufficient evidence that other means of financing their project are unavailable or insufficient.