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NM Laboratory Partnership with Small Business Tax Credit

NM Laboratory Partnership with Small Business Tax Credit

Provides New Mexico small businesses free technical support from Sandia and Los Alamos to advance product and engineering development.

OpenNew Mexico Taxation and Revenue DepartmentUnited StatesEligible in New Mexico

The New Mexico Laboratory Partnership with Small Business Tax Credit (NMSA 1978 §§7-9E-1 through 7-9E-11) is an unusual public-private program that delivers free technical and engineering assistance from two of the nation's premier federal research laboratories — Sandia National Laboratories (SNL) and Los Alamos National Laboratory (LANL) — to qualifying New Mexico small businesses. The credit is …

Delivers free R&D technical and engineering assistance from Sandia and Los Alamos national laboratories to qualifying New Mexico small businesses through the NMSBA programme.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 22 Jul 2026Source: www.tax.newmexico.gov