The New Mexico Federal and State Technology Partnership Program at New Mexico State University’s Arrowhead Center has been awarded a $125,000 grant from the Small Business Administration to continue helping small businesses through workshops, mentoring and micro-grant awards.
NM FAST was among 21 grant recipients nationwide to receive funding for programming that supports innovative, technology-driven businesses, according to a news release from NMSU.
“Working on the NM FAST team satisfies a personal passion that I have, which is to help entrepreneurs throughout New Mexico to grow sustainable jobs and ultimately work on commercializing products that enhance our global position in the world,” said Todd Bisio, NM FAST entrepreneurial adviser.
NM FAST has facilitated 12 workshops throughout the state since its inception in October 2015.
It intends to expand its capacity to provide technical and business, placing an emphasis on outreach to businesses in rural areas.