PRESS EVENTS
Coming soon.
EDD Encourages Application for Federal Biotech Credit
Money available to create jobs, provide for healthcare breakthroughs
SANTA FE- In a continuing effort to promote job growth in New Mexico’s outstanding research and development cluster, the New Mexico Economic Development Department is encouraging local biotech research entities to apply for the Qualifying Therapeutic Discovery Project Credit (Internal Revenue Code Section 48D).
NMEDD Enters into Agreement with Smart Grid Advocate Galvin Electricity Initiative
MOU to assist innovative state green grid initiative
SANTA FE- The New Mexico Economic Development Department has signed a Memorandum of Understanding (MOU) with the Galvin Electricity Initiative to help optimize the development of the New Mexico Green Grid Initiative (NMGGI). The MOU covers specific activities, including assessments of technical progress, policy development and educational outreach.
State of New Mexico Science and Technology Plan - A Roadmap for the Future
Santa Fe - The State’s new Science and Technology Plan, “Technology 21,” is now available. After nearly 18 months’ of work by nearly one hundred people, the plan details the State’s science and technology infrastructure and points the way towards the creation of new sustainable high-wage technology jobs and business growth in its two parts.
New Mexico’s Angel Investment Tax Credit Nets Over $1 Million for Local Tech and Manufacturing Firms
SANTA FE, NM – The Economic Development Department’s Office of Science and Technology announced today that accredited investors using Governor Bill Richardson’s Angel Investment Tax Credit program have invested $1,030,595 in four New Mexico companies engaged in high-technology research or manufacturing since the tax credit went into effect July 1, 2007.
Governor Bill Richardson Announces 350 New Jobs for Albuquerque
SCHOTT Solar to hire 1,500 for new $500 million manufacturing plant in first seven years
SANTA FE - Governor Bill Richardson today announced SCHOTT AG, of Germany, will build a solar products manufacturing plant at Mesa Del Sol, just south of Albuquerque. The $500 million complex is expected to open in early 2009 and will create as many as 1,500 jobs at peak production.
Governor Richardson Announces Historic Supercomputer Project
New System Among World’s Fastest, Aimed at Boosting Economy
SANTA FE, November 2, 2007 - Governor Bill Richardson today announced that New Mexico will soon host the one of the most powerful supercomputers in the world.
“This is a major part of my effort to strengthen New Mexico’s economy,” Governor Richardson said. “This project proves New Mexico is serious about developing its high-tech economy, and represents a crucial investment in our state’s future. Our supercomputing center will be a world-class research facility. We will recruit companies to partner with us and move their research, development and manufacturing operations to the state, creating more high-wage jobs for New Mexicans.”
Maas BiolAB Awarded $2.1 Million SBIR for Cyclosporin ALS Treatment
SANTA FE, NM - Albuquerque-based neuropharmaceutical company Maas BiolAB has received a Small Business Innovation Research (SBIR) grant of $2.1 million over three years from the National Institute of Neurological Disorders and Stroke (NINDS) of the National Institutes of Health (NIH) for the translational project “Intrathecal Cyclosporin for the Treatment of Amyotrophic Lateral Sclerosis (ALS).”
Cyclosporin has been shown to substantially extend life in ALS mice. Mitogard®, the only cyclosporin formula designed for cerebrospinal fluid administration, was developed because systemic cyclosporin does not easily reach the brain and spinal cord. Dose escalation toxicology and safety studies of Mitogard® will be performed under Good Laboratory Practices (GLP) by Northern Biomedical Research, enabling Investigational New Drug (IND) approval for ALS clinical trials.
Secretary Fred Mondragón Announces Biogas Energy Plant to Bring 90 New Jobs to Clovis
SANTA FE, NM - Economic Development Department Cabinet Secretary Fred Mondragón today announced that White Hat Energy, LLC, a biogas energy corporation, will build a $36-million dollar facility in Curry County. New Mexico Economic Development Department, through the Clovis Industrial Development Corporation (CIDC) has been working with White Hat Energy, LLC on this project over the last 24 months.
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