New Mexico Small Business Assistance (NMSBA)
Solving small business challenges through laboratory expertise
The New Mexico Small Business Assistance (NMSBA) Program offers technical assistance to New Mexico small businesses in Los Alamos Connect. Businesses with a technical challenge that requires national laboratory expertise can seek assistance from scientists or engineers at Los Alamos and Sandia national laboratories. Such projects include testing, design consultation, and access to special equipment or facilities. Other types of technical assistance may be provided through the New Mexico Manufacturing Extension Partnership, the Management of Technology Program at the University of New Mexico’s Anderson Schools of Management, the Department of Management at New Mexico Institute of Mining and Technology, and the Arrowhead Technology Incubator at New Mexico State University.
Small businesses located in Bernalillo County can receive up to $10,000 in technical assistance per year, while businesses in rural counties can receive up to $20,000. Each lab is eligible for a state tax credit of $2.4 million to assist New Mexico small businesses. The small business must be for-profit, located in New Mexico, US owned and operated, and must pay gross receipts tax to the State of New Mexico.
Individual companies may seek assistance from NMSBA at any time, while leveraged projects are reviewed once a year. Leveraged projects allow a group of small businesses that share technical challenges to request assistance collectively. All projects are funded on a calendar year basis.