New Mexico Small Business Assistance (NMSBA) Program
Backs Free technical consulting hours Sandia Los Alamos national lab scientists New Mexico small businesses.
New Mexico Small Business Assistance (NMSBA) is a New Mexico Economic Development Department route that connects small businesses with scientists and engineers at Los Alamos National Laboratory and Sandia National Laboratories. It is a technical assistance programme rather than a cash grant, and its value comes from lab expertise, testing, design help, and access to specialist equipment at no cost to the business. Businesses in most counties can receive up to $40,000 in research hours, while businesses in Bernalillo and Santa Fe counties are capped at $20,000. The programme is funded through state gross receipts tax credits granted to the labs for delivering the assistance. Since 2000, it has delivered $80.6 million in technical support to 3,267 businesses, which gives the route a long operating history. The fit is strongest for New Mexico for-profit companies that need technical problem-solving more than capital. Applications should be anchored in a real engineering, testing, or product-development issue that a national lab can help with. Because the assistance is in kind and the labs deliver the work operationally, applicants should think in terms of a focused technical engagement rather than a direct funding award.
No upcoming rounds verified. Cadence: Annual.