New Mexico's Office of Science and Technology on Tuesday announced 10 recipients of science and technology startup grants.
Grants ranged from $25,000 to $100,000 and were split between Small Business Innovation Research grants and Science and Technology Business Startup grants, according to the New Mexico Economic Development Department's Office of Science and Technology.
Small Business Innovation Research Grant recipients include:
- Santa Fe-based EnviTrace LLC received $25,000
- Los Alamos-based ErgoTech received $25,000
- Albuquerque-based MNT SmartSolutions received $25,000
- Albuquerque-based Integrated Deposit Solutions (IDS) received $100,000
- Santa Fe-based NeuroGeneces received $100,000
Science and Technology Startup Grant recipients include:
- Albuquerque-based Hawk Spider received $25,000
- Albuquerque-based Hoonify Technologies received $25,000
- Las Cruces-based Roper Solutions dba Patch received $25,000
- Albuquerque-based Guardian Devices LLC received $25,000
- Albuquerque-based Circular Genomics received $25,000
Each company operates in one of five science and technology target industries: aerospace, biosciences, cybersecurity, intelligent manufacturing and sustainable and green energy.
The state received over 60 total applications for the grants, Alex Greenberg, the director of the Office of Science and Technology, told Albuquerque Business First in a Jan. 24 call.
Members of the Technology Research Collaborative board selected recipients based on 10 different criteria, Greenberg said. Those included market need, technology impact and, most importantly, he said, the likelihood that grant money will stimulate follow-on investment or additional job creation.
"There's been significant progress made in biosciences, aerospace and sustainable and green energy," Greenberg said. "The way they often interact with each other, the potential for cross application of technologies and innovations in intelligent manufacturing being applied to aerospace ... really present the promise of New Mexico as an innovation hub that the whole country can look to to see what the next phase of technology is going to look like."
