The NM SBIR Matching Grant provides additional funding to New Mexico-based for-profit companies with active Phase I or II SBIR/STTR awards to support business development activities such as patent filing, regulatory certifications, market research, and customer engagement. Priority sectors include Aerospace, Biosciences, Advanced Computing, Water Technologies, and Advanced Energy. The grant complements federal SBIR funding by covering expenses not eligible under federal awards, helping companies advance commercialization and growth.
Eligible applicants are New Mexico-based for-profit companies with active Phase I or II SBIR/STTR awards or within three months of completing Phase I and intending to apply for Phase II. Priority is given to companies in specified science and technology sectors.