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Find similar grantsNew Mexico Advanced Energy Award Pilot Program is sponsored by New Mexico Economic Development Department. Awards funds to New Mexico small businesses in advanced energy innovation and commercialization.
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New Mexico Advanced Energy Award - NM Economic Development Department Ready to grow in New Mexico? Have comments or questions? We’re here to help.
Science and Technology Roadmap Event Invitation and Speaking Request Form Science & Technology Roadmap Roadmap to turn our research strengths into long-term economic growth and jobs.
Creative Industries Division (CID) Justice, Equity, Diversity and Inclusion (JEDI) Office Technology and Innovation Office (TIO) Food, Hunger, and Agriculture Program Office of International Trade (OIT) Outdoor Recreation Division (ORD) Technology and Innovation Office Helping you grow your technology-based business in New Mexico.
County Economic Summaries Job Training Incentive Program Funds training and upskill 398 workers in the first quarter of 2026.
Local Economic Assistance & Development Support (LEADS) Local Economic Development Act (LEDA) Healthy Food Financing Fund (HFFF) Creative Industries Division Creative Support Organization Grant Business Development & Expansion Grant Creative Industries Public Development Projects Technology & Innovation Office Technology & Innovation Grant Programs NM Science and Technology Business Startup Grant NM Small Business Innovation Research (SBIR) Matching Grant NM Entrepreneurship Programmatic Support Grant Outdoor Recreation Division Outdoor Recreation Trails+ Grant Quantum Technologies Award Funds up to $200,000 to early-stage companies.
Due April 30. Local Economic Development Act (LEDA) Job Training Incentive Program (JTIP) State Small Business Credit Initiative (SSBCI) NM Collateral Assistance Program (CAP) 2.
0 Technology and Innovation Business Assistance Program Outdoor Business Accelerator Business Incubator Certification Business Retention & Expansion Program (BRE) Certified Economic Development Organization (EDO) New Mexico MainStreet Program New Mexico Commercial Property Assessed Clean Energy Program (C-PACE) Strategic Site Readiness Program Preparing high-value sites for future economic development.
Technology and Innovation Office (TIO) New Mexico Advanced Energy Award New Mexico Advanced Energy Award The New Mexico Advanced Energy Award (NMAEA) is a competitive state-funded grant that awards non-dilutive funds to small businesses engaged in research and development or pilot demonstrations with a focus on advanced energy innovation and commercialization.
TIO defines advanced energy as technology and innovation that makes energy use cleaner, safer, more secure, and more reliable. The funds seek to assist early-stage companies developing a unique product with strong growth potential.
Through this award, the New Mexico Economic Development Department (EDD) ultimately seeks to support the retention, expansion, or relocation of economic-base businesses, the creation of jobs in economic-base businesses, the development of the tax base, and business development. Applicants may request any amount up to $1,000,000 but should only request what is needed to successfully complete the proposed work.
Awards will be made dependent on application evaluation scoring and funding availability. The NMAEA may not be first money in. Companies will be required to provide documentation of previously secured funding from additional sources.
The NMAEA is split into two award classes: Research and Development (R&D) and Pilot Projects. Applicants can only apply for one of the two award classes below, not both. Igniting new discoveries, fostering groundbreaking scientific inquiry, and developing novel technologies from concept to early-stage prototypes.
This award class supports companies engaged in foundational R&D, proof-of-concept, product development, aiming to translate scientific and technical advancements into tangible, market-ready solutions. Only companies headquartered in New Mexico are eligible for this award class. Bringing promising innovations to life through real-world application, testing, and scaled demonstrations.
This award class supports transitioning research into practical, market-ready solutions. Ideal for projects ready to prove their viability, gather critical data, and showcase their impact through pilot demonstrations or initial deployments.
Companies headquartered in or outside New Mexico are eligible for this awards class; out-of-state companies must be authorized to do business in New Mexico, establish and maintain an in-state presence, and use awarded funds to support New Mexico activities. Applications are now closed.
Carbogenics USA (Santa Fe) $440,000 The company upcycles liability biomass, like fire-devastated forest woodlands, into a novel biochar called CreChar that can be used as a bio-additive to enhance the production volume and quality of biogas, and prevent carbon emissions.
Firescape Inc. (Albuquerque) $500,000 Firescape delivers the most advanced suite of wildfire management tools to assist electric utility companies in confronting increasing wildfire risk. KiloNewton LLC (Albuquerque) $550,000 They provide full-scope solar design engineering services and engineering consulting services to solar tracker manufacturers worldwide to make renewable energy more competitive.
Spiritus Technologies PBC (White Rock) $925,000 Spiritus offers high-quality direct-air capture (DAC) carbon removal that captures and isolates megaton-scale CO2 from the atmosphere.
VastVision Technologies, Inc. (Albuquerque) $925,000 The company is developing a new class of wireless and passive magnetoelastic sensor systems and integrated software, including MagTag, which enables real-time, interference-immune sensing of hydrogen gas leaks, ground faults, and environmental conditions.
As finalists at the pitch event, Dash2 Labs in Albuquerque and The Trollworks in Silver City, were also awarded $10,000 each to support further growth. Flow Aluminum is developing safe, low-cost, high-performance aluminum batteries for electric vehicles, grid storage, and other energy-storage applications to accelerate the transition to electrification.
Flow Aluminum’s technology is based on research developed in collaboration with the University of New Mexico. GridFlow is developing a novel battery formulation and design to deliver cost-effective and safe long duration energy storage products. GridFlow’s technology was developed at Sandia National Laboratories.
Hydrosonics is developing a novel electrolyzer architecture that will produce the most accessible and affordable clean hydrogen. The company is implementing acoustic technology into proven liquid alkaline electrolyzers to directly integrate with intermittent renewable energy – creating a system that dramatically reduces both capital and operational costs to produce the fuel of the future.
Pajarito Powder, LLC $766,000 Pajarito Powder is the only domestic innovator and manufacturer of advanced catalysts for hydrogen fuel cells and electrolyzers. The company currently has an immediate and growing demand for their product and is in the process of accelerating commercial production.
Sigma Advanced Technologies $300,500 Sigma Advanced Technologies has developed dual technologies that use ozone to remove contaminants from produced water and capture and neutralize PFAS. Elements of Sigma’s PFAS-treatment technology were originally developed at Sandia National Laboratories.
TS-Nano manufactures nano-modified polymer sealants to address the complex challenges of methane leakage from operating, abandoned, and orphaned oil and gas wells. TS-Nano’s technology was originally developed at the University of New Mexico. UbiQD is a global leader in quantum dot manufacturing and technology.
They focus on large-area applications involving sunlight spectrum optimization, specifically for enhanced solar energy and crop production. UbiQD’s technology was originally developed at Los Alamos National Laboratory. UbiQD’s award includes $50,000 for the best company pitch at the award finalist pitch event.
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According to the current listing, eligibility includes: Small businesses engaged in research and development in advanced energy sectors. Confirm the full requirements in the official notice before applying.
The current listing shows $250,000 - $1,000,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
New Mexico Advanced Energy Award Pilot Program is funded by New Mexico Economic Development Department. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Business Development & Expansion Grant (Creative Industries Division) is sponsored by New Mexico Economic Development Department. This funding opportunity is designed for organizations with a demonstrated history of impactful work in supporting creative entrepreneurs and advancing creative industry development across New Mexico. This includes organizations that support creative industry companies and workers.
Creative Industries Division Grant Opportunities (Existing Creative Businesses) is sponsored by New Mexico Economic Development Department. This program supports existing creative businesses in New Mexico that have at least three years of operation. The Creative Industries Division offers various grants to support artists, creative businesses, and organizations with funding for growth, infrastructure, and innovation.
Business Development & Expansion Grant (New Mexico) is sponsored by New Mexico Economic Development Department. This program supports existing creative businesses in New Mexico with at least three years of operation. Funds can be used for inventory, equipment, marketing, promotion, digital presence, small infrastructure improvements, and technology/software improvements. Preferential points are given to businesses with fewer than ten employees and those in rural areas.
The Nasdaq Foundation's Economic Opportunity Grant Program awards up to $75,000 to nonprofits building financial literacy, access to capital, and long-term wealth. But the July 31 deadline is only an Expression of Interest — a two-stage gate that most applicants misread. Here is who is eligible, what the funder actually rewards, and how to write an EOI that earns the invitation to a full proposal.
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