© 2024 KRWG
News that Matters.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Feds: $2.7 Million In Grants Available For New Mexico Businesses

 

ALBUQUERQUE, N.M. (AP) — Small businesses in New Mexico working on new innovations that could help the U.S. Energy Department will be getting a boost thanks to $2.7 million in federal grant funding.

The agency announced the grants this week. In all, officials say $116 million in grants will be awarded nationwide for research and development through a technology transfer program aimed at helping small businesses.

The projects in New Mexico range from the development of a special membrane to help reduce carbon dioxide emissions to research on soil, fuel cells, particle accelerators and high energy physics.