New Mexico Technology Transfer Grants (NM-TAG)

The mission of the Technology Research Collaborative and the Office of Science & Technology is to facilitate the commercialization of research & technologies born in New Mexico, and to help those new companies reach their potential.   NM-TAG was created to support that mission and to help offset the risk associated with licensing these technologies.  NM-TAG grants can also be used for technologies that improve existing products or processes.

The grant amount will be equal to 75% of the cost of the technology license, up to a maximum of $3,750 (75% of $5,000).  The grant goes directly to the entity transferring the technology, and the company receiving the technology pays the final 25% of the cost.

Up to ten grants will be awarded during the 2020 fiscal year (July 1, 2019 – June 30, 2020).

Applicants will be evaluated based on the technical and commercial feasibility of the project, as well as market-pull and other potential factors of success.

ELIGIBILITY

  • Applicants must be a New Mexico-based company with a CRS number from the Taxation & Revenue Department; a New Mexico address (no PO boxes); and a federal EIN number.
  • Applicants must have or be pursuing a written agreement with one of six qualified New Mexico-based technology providers:
  1. University of New Mexico
  2. New Mexico State University
  3. New Mexico Tech
  4. Sandia National Laboratories
  5. Los Alamos National Laboratory
  6. Air Force Research Laboratory
  • The project will have a timeline of no more than six months.
  • Applicants may receive assistance for one technology transfer project per year.
  • Incomplete or incorrectly completed applications will not be considered.
Applications will be accepted on a rolling basis beginning July 1st, 2019
Download the Application