Enormous thanks to the dozens of business owners who demonstrated their support of the NMSBA program by providing public comment encouraging passage of House Bill 526.
While the bill doesn’t increase total funding for the NMSBA program, it allows qualifying businesses to obtain additional or follow-on help: Up to $20,000 of assistance for businesses located in urban areas and up to $40,000 of value to those in rural areas.
The bill, which was passed by New Mexico’s House and Senate and is headed to the Governor for signature, allows nonprofit contractors such as NM MEP to expand the usefulness of the national laboratory partnership. Read more about the NMSBA program here: https://www.nmsbaprogram.org/