EDD awards seven Science & Technology Business Startup Grants

New Mexico Economic Development Department (EDD) Secretary-Designate Rob Black announced today that the Office of Strategy, Science and Technology has awarded Science & Technology Business Startup Grants to seven burgeoning technology companies.

The grants are available to New Mexico-based, for-profit science and technology companies with high-growth potential. Eligible businesses must work in one of the following fields: advanced computing, advanced energy, aerospace, bioscience, or water technology. The grant specifically seeks to support companies that provide a unique product or service, have a clear and compelling business proposition, demonstrate a scalable product and business model, have the potential to create jobs in New Mexico and/or garner private investment, and can provide economic benefit to the state greater than the award amount. 

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