New Mexico companies in a science and technology field, with fewer than 50 employees, and who are deemed to be “high growth” may qualify for a grant up to $25,000, courtesy of the state Economic Development Department Office of Science & Technology. The department will accept 2021 applications until 5:00 pm on Monday, March 29.

Eligible companies must be working in a science and technology sector, such as aerospace, biosciences, cybersecurity, intelligent manufacturing, or sustainable/green energy. High-growth companies are described as those that have a clear and compelling business proposition for a unique product or service, a capable team, and a scalable product or business model. Businesses must show exit potential or the potential to create New Mexico jobs and/or private investment.

Find more information and a link to the application here.

Note: This post was updated to reflect a higher maximum grant amount. The original post indicated a maximum grant of $10,000. The maximum is $25,000.