Celebration to recognize companies

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Labs and state partner on program connecting scientists, engineers, businesses

By Special to the Monitor

The New Mexico Small Business Assistance Program (NMSBA) helped 320 companies in 25 counties last year to solve technical challenges. Nine companies that participated in the program in 2009 will be honored for their outstanding achievements Thursday at the NMSBA’s Innovation Celebration.

Journalists are invited to meet small business owners, scientists, and LANL and Sandia officials at the NMSBA program’s Innovation Celebration from 5:30-8:30 p.m. Thursday at The Bishop’s Lodge in Tesuque.

A partnership of Los Alamos National Laboratory, Sandia National Laboratories, and the state of New Mexico, the NMSBA program connects scientists and engineers with New Mexico businesses in exchange for a state gross receipts tax credit. In 2009, the tax credit was nearly $4.3 million — about $1.9 million for Los Alamos and $2.4 million for Sandia.

The NMSBA program also contracts with the New Mexico Manufacturing Extension Partnership, the University of New Mexico, New Mexico State University, and

New Mexico Tech to provide assistance to companies.

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