Business Incentives & Assistance

Los Alamos Commerce and Development Corporation is a source for information and assistance for businesses of all types seeking to get started and grow in the Los Alamos area. LACDC provides business assistance, referrals, and information to businesses of all types. LACDC can provide assistance and information about the various programs and incentives described below.

Small Business Assistance

The UNM-LA Small Business Development Center provides business consulting, resource materials, workshops, training programs, and referral to other sources of technical, financial, and management assistance. Many of the services are free, including business consultation; other programs carry a nominal charge.

Los Alamos Chamber of Commerce

The Los Alamos Chamber of Commerce is the association of Los Alamos area businesses and organizations working for a better community. The Chamber provides advocacy, member discounts, marketing, and networking opportunities to its members.

Training Assistance

“In-plant training” incentives are available from the State of New Mexico and through the Northern New Mexico Regional Development Corporation.  The New Mexico In-Plant Training Program provides classroom and on-the-job training for employees of eligible companies. Eligible workers are selected by the company itself, from its entire labor pool. Maximum training is 1,040 hours with the program paying one-half of the training employees' wages.

Research and Development Tax Reduction

Research and development services produced by a business with a New Mexico office but sold for initial use to an out-of-state buyer, and delivered out-of-state is not charged gross receipts tax. New Mexico als has tax credit programs for start-up technology and rural software development companies.

Industrial Revenue Bonds

Industrial Revenue Bonds may be issued by the County to finance land, building and improvements, machinery, and equipment necessary for qualifying projects.

Revolving Loan Fund

The Northern New Mexico Economic Development District administers a revolving loan fund to supplement traditional sources of financing.

Los Alamos County Small Business Financing Program

The Los Alamos County government has an established program to provide financing to qualifying small, technology-based businesses seeking to start or expand operations here.

Tax Increment Financing

Tax Increment Financing allows local businesses to make capital improvements on private land and finance the improvements through the County. The improvements increase the appraised value of the property, thus increasing the property taxes. The incremental increase in the property tax is used to pay off the loan from the County. After the loan is paid off, the County reaps the benefit of the improvements from higher property taxes along with the business owner.

Technology Transfer

Proximity to Los Alamos National Laboratory provides improved opportunity for participating in technology transfer initiatives.  There is a mandate for transferring technologies with commercial potential to private firms for development.  The Laboratory offers industry user facilities and test beds to encourage the transfer of technology to industry.