The New Mexico State Legislature in 2000 established the Laboratory Partnership with Small Business Tax Credit Act.
In turn, Sandia National Laboratories created the New Mexico Small Business Assistance Program (NMSBA). Los Alamos National Laboratory joined the program in 2007. NMSBA has helped create and retain over 3,500 jobs, assisted more than 2,200 small businesses in all 33 New Mexico counties, and yielded investment in New Mexico goods and services of more than $56 million.
This remarkable and inspirational program has helped make New Mexico’s economy stronger through the creation of technology based businesses. For these efforts, we honor the New Mexico Small Business Assistance Program with the 2014 Outstanding State and Local Government Collaboration Award.