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Economic Development

In 2000, the New Mexico State Legislature created the Laboratory Partnership with Small Business Tax Credit Act, for the purpose of “bringing the technology and expertise of the national laboratories to small businesses in New Mexico to promote economic development in the state, with an emphasis on rural areas.”

This Act established the New Mexico Small Business Assistance (NMSBA) Program to help small businesses throughout the state by providing technical support from Los Alamos National Laboratory and Sandia National Laboratories.

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