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Find similar grantsTechnology Innovation Prize Program is sponsored by New Mexico Economic Development Department. Awards prizes to companies providing technological innovation in sectors including advanced computing and cybersecurity.
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Technology and Innovation Office Awards Innovation Infrastructure Grants | City of Santa Fe Technology and Innovation Office Awards Innovation Infrastructure Grants Technology and Innovation Office Awards Innovation Infrastructure Grants Technology and Innovation Office Awards Innovation Infrastructure Grants The New Mexico Economic Development Department’s (EDD) Technology and Innovation Office has awarded $2.
7 million in grants to two organizations to develop and expand the physical infrastructure that supports innovation, entrepreneurship, and technology commercialization across the state.
In this inaugural award cycle, Albuquerque-based New Mexico Venture Studios received $2 million to build a life sciences laboratory, while Santa Fe–based New Mexico Innovation Hub was awarded $700,000 to develop an innovation campus in Santa Fe’s emerging Midtown corridor.
Through the Innovation Hubs Grant, New Mexico Venture Studios will transform an existing Albuquerque warehouse into a specialized wet lab, dry lab, and office space. This investment addresses a critical infrastructure gap that often forces life sciences and deep-tech startups to leave New Mexico in search of suitable facilities.
The laboratory and workspace will be designed to support company formation and scale-up, enabling startups to commercialize research, retain intellectual property, and generate economic impact within New Mexico. With support from the Innovation Hubs Grant, New Mexico Innovation Hub will renovate Benildus Hall in Santa Fe Midtown as the home of a new, state-of-the-art innovation campus.
The 32,000-square-foot facility will provide essential infrastructure, including advanced prototyping equipment, a high-performance computing cluster, laboratory space, offices, and event space. These resources will support early-stage companies, workforce development, and cross-sector collaboration, creating a center of gravity for New Mexico’s innovation economy while attracting top talent and companies from around the world.
The awardees were selected through a competitive evaluation process based on their expected contributions to economic growth and diversification, as well as their alignment with one or more of the division’s priority sectors: advanced computing, advanced energy, aerospace and defense systems, and bioscience.
The New Mexico Innovation Hub Grant supports the creation and improvement of laboratories, offices, prototyping space, and collaborative environments that provide the foundational resources companies need to start, scale, and succeed in New Mexico. Launched in 2025 with new legislative funding, the program is designed to address gaps in entrepreneurial infrastructure identified in the state’s Science & Technology Roadmap.
Both workspaces are expected to become operational within one year. “This funding supports the building of spaces where ideas become innovations,” said EDD Cabinet Secretary Rob Black.
“By strengthening the physical infrastructure that supports and connects innovators, investors, scientists, and academics, we’re ensuring New Mexico has the capacity to turn ideas into companies and companies into long-term economic drivers.
” “New Mexico’s innovation ecosystem doesn’t just depend on our research depth and innovative spirit—it also requires access to the right spaces and facilities,” said Nora Meyers Sackett, director of the Technology and Innovation Office. “These new grants address critical infrastructure gaps and help ensure that companies can start, scale, and stay in New Mexico.
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According to the current listing, eligibility includes: Companies in New Mexico offering technological innovations in specified sectors. Confirm the full requirements in the official notice before applying.
The current listing shows $5,000,000 - $1,000,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Technology Innovation Prize Program is funded by New Mexico Economic Development Department. Verify program details on the funder's official page before applying.
This opportunity targets applicants in New Mexico. If your organization operates elsewhere, check the official notice for location requirements.
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NVIDIA Graduate Fellowship Program is a grant from NVIDIA providing up to $60,000 per award to PhD students conducting research that advances accelerated computing and its applications. Now in its 25th year, the program invites nominations from doctoral students pushing the boundaries of artificial intelligence, robotics, autonomous vehicles, and related fields. Recipients receive not only research funding but also access to NVIDIA technology, products, and engineering expertise, along with a mandatory in-person summer internship. Students are nominated by their faculty advisors and selected based on academic achievement and research area alignment.
CalSEED Concept Award is a grant from the California Energy Commission that provides $150,000 in funding to early-stage clean energy innovators in California. The program targets individuals, businesses, and nonprofits developing hardware, software, or integrated solutions at Technology Readiness Levels 2-4. Eligible technology areas rotate each cycle and have included battery recycling and reuse, long-duration energy storage, medium- and heavy-duty vehicle electrification, industrial electrification, and advanced EV charging. Applicants must be located in California, have under $1 million in private funding, and propose innovations that benefit California ratepayers. Concept Award winners also receive professional development resources and access to accelerator programs, and may compete for a subsequent $450,000 Prototype Award.
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