August 13, 2014
The New Mexico Small Business Assistance (NMSBA) Program Call for 2015 Leveraged Proposals
The New Mexico Small Business Assistance (NMSBA) Program is now accepting proposals for 2015 leveraged projects.
The NMSBA Program allows Los Alamos and Sandia national laboratories to apply their unique expertise and capabilities to help for-profit, New Mexico small businesses solve critical challenges. Technical assistance is provided at no cost to the businesses and is rendered in the form of laboratory staff time and incidental materials. Qualifying New Mexico small businesses are eligible to receive laboratory technical assistance equivalent to $10K (Bernalillo County) or $20K (outside Bernalillo County) annually per small business. The program does not provide cash or equipment to small businesses, and the assistance requested must not be available in the private sector at a reasonable cost.
NMSBA leveraged projects allow multiple small businesses that share technical challenges to request assistance collectively for a project funded in the range of $20K to $100K (the sum of the assistance for which each participating company is eligible). Leveraged projects must be completed by the end of calendar year 2015.
Information sessions about how your team of small businesses can access FREE technical assistance from Los Alamos National Laboratory and Sandia National Laboratories will be held:
Tuesday, August 19, 1:00 pm at Technology Ventures Corporation (1150 University Blvd. SE, Albuquerque)—map to Technology Ventures Corporation
Thursday, August 21, 11:00 am at the Santa Fe Business Incubator (3900 Paseo Del Sol, Santa Fe)—map to Santa Fe Business Incubator
NOTE TIME CHANGE: Wednesday, August 27, 1:00 pm at the Santa Fe Business Incubator (3900 Paseo Del Sol, Santa Fe) preceding the "Building the Business Different" event, which begins at 2pm—map to Santa Fe Business Incubator
Interested small businesses may submit a proposal for leveraged projects by midnight, September 10, 2014. Successful applicants will explain the problem faced by the small businesses, what expertise the national labs offer that can’t be found in the private sector for a reasonable cost, and the expected economic benefit to the participating businesses (see proposal guidelines). A limited number of proposals will be selected to move forward to the next phase. Selected applicants will be notified on September 18, 2014 to present their proposal to the NMSBA Advisory Council. Applicants whose proposals are selected for funding will be notified by November 18, 2014.