Economic Development

Northern New Mexico Connect (NNM Connect)

NNM Connect is the principal economic development investment by Los Alamos National Security, LLC (LANS). It is a collection of

• investment
• market research
• technical assistance
• business coaching activities

to help businesses reach the next level of success and create an entrepreneurial culture in Northern New Mexico.

NNM Connect has served 166 companies and entrepreneurs since its inception in 2006. Its clients have attracted $8.2 million in new financing and created or retained 240 jobs with salaries totaling $6.8 million.

New Mexico Small Business Assistance Program (NMSBA)

New Mexico Small Business Assistance Program (NMSBA) helps small businesses in New Mexico access cutting-edge technologies, solve technical issues, and gain knowledge from technical experts at Los Alamos National Laboratory (LANL) and Sandia National Laboratories (SNL). The assistance is provided at no cost to the small businesses.

In 2011, the State of New Mexico, along with LANL and SNL, invested $4.6M, helping 340 companies in 27 counties solve their technical challenges.

Economic impact of small businesses related to NMSBA

• Small business jobs created/retained = 2,317
• Average salary = $38,215
• Increased revenue = $107,591,992
• Decreased operating costs = $63,636,671
• New funding/financing received = $40,940,750

Economic and business development partnerships

LANL is involved with the Northern New Mexico business community through economic development and business service partners.
We participate in the following organizations:

• Chama Chamber of Commerce
• Española Valley Chamber of Commerce
• Greater Española Valley Community
• Regional Development Corporation
• Sandoval County Chamber of Commerce
• Santa Fe Chamber of Commerce
• Taos Entrepreneurial Network
• Taos Chamber of Commerce

LANL major subcontractor consortium

LANS major subcontractors with contract awards of $5 million or greater submit a Subcontractor’s Regional and Community Development Plan to address economic development, education enrichment, and corporate citizenship in Northern New Mexico. The LANL Major Subcontractors Consortium enables these subcontractors to collaborate and increase the impact of their regional community development plans.

In FY 2010, the LANL Major Subcontractors Consortium contributed more than $7M of monetary and in-kind contributions to enhance the economy, education system, and quality of life in Northern New Mexico.