New Mexico offers Research and Tech Assistance to business.
New Mexico 9000
The International Organization for Standardization (ISO) has established a recognized set of management quality standards that are required by over 150 countries, most major companies, and federal agencies from suppliers, vendors, and contractors. New Mexico 9000 is the state’s training program that makes the ISO certification process easier and cheaper than if a company were to pursue it on their own. It allows businesses of all sizes to obtain ISO 9001 certification, which is critical to winning many types of contracts.
The benefits of the New Mexico 9000 ISO certification program are:
- only 6 months for completion, and
- fees are charged on a sliding scale based on annual sales, so that any size company can afford to participate. The cost is as little as $550 for a company with less than $500,000 in annual revenue.
New Mexico 9000 is a collaborative effort between the NM Economic Development Department and the NM Manufacturing Extension Partnership. It provides up-to-date training that leads to ISO 9001 certification. Trained professionals with extensive experience in ISO implementation requirements conduct workshops in procedure writing and interpretation of standards. A third-party gap audit is conducted by a Certified ISO Auditor to identify any business-specific ISO compliance issues. An internal audit class is also offered at no additional cost.
However, the audit only assures ISO compliance. ISO registration and all associated fees are the responsibility of the company. Upon successful completion of the gap audit, companies will receive a 50% fee refund and a certificate signed by the Governor. Costs to obtain and maintain ISO certification are tax-deductible business expenses.
New Mexico Small Business Assistance Program
The New Mexico Small Business Assistance Program provides up to $20,000 worth of research and technical assistance annually to for-profit small businesses to help solve technical challenges and provide access to cutting-edge technologies from both the Los Alamos National Laboratory and Sandia National Laboratories.
To qualify, the business must file gross receipts taxes in New Mexico and the assistance provided must not be readily available through the private sector at a reasonable cost. The assistance does not include cash or equipment and this service is not available to government or nonprofits. All types of businesses are eligible – manufacturing, agriculture, natural resources, mining, oil and gas extraction, utilities, professionals, scientific and technical services, wholesale, retail, media, hospitality, education, health services, real estate, finance, insurance, and management services.
Office of Business Advocacy
The Office of Business Advocacy was established in January 2011 as a direct initiative from Governor Susana Martinez and Economic Development Secretary Jon Barela. It is charged with helping business owners to navigate regulatory barriers and resolve issues by providing assistance with permitting, licensing, inspections, and taxation agencies.
The core mission of the Office of Business Advocacy is to advance New Mexico business activity by resolving regulatory and public policy challenges that unnecessarily inhibit economic growth. The Office of Business Advocacy’s employees act as caseworkers to solve issues such as:
- delayed licenses,
- inspection problems, and
- permit misunderstandings.
These state business advocates check on an application’s status and help to facilitate its movement through the system. Cases are not closed until the issues are resolved.
Office of International Trade
The Office of International Trade promotes and facilitates expanded exports of New Mexico’s goods and services by providing assistance for New Mexico companies to capitalize on opportunities in the global marketplace.
The Office of International Trade provides:
- training in 1-on-1 business consultations,
- a foreign trade office network,
- partnership with federal export promotion programs, and
- an opportunity to participate in international trade events.
Exports are critical for small and mid-size companies because 96% of consumers are located outside of the United States. Companies that export reported a 32% increase in revenue as opposed to a 19% decrease among those companies who only pursue the domestic market.