This competitive grant provides up to $2.5 million in non-dilutive funding to New Mexico-based entrepreneurship organizations like incubators and accelerators. It supports operational needs to sustain, expand, or create programs that advance innovation, entrepreneurship, and technology commercialization aligned with priority sectors including advanced computing, energy, aerospace, and bioscience. All funded work must be completed within 12 months of grant execution.
Applicants must be entities with a physical presence in New Mexico supporting technology innovation through programs in advanced computing, energy, aerospace, or bioscience. Projects must drive economic growth and complete work within 12 months.