Feds: $2.7M 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.