Tuesday, September 6, 2011

NMSBA awards Eldorado $100,000 grant

The New Mexico Small Business Assistance Program has approved a $100,000 grant under their leveraged projects program. The NMSBA leveraged projects program allows multiple small businesses that share technical challenges to access the unique expertise and capabilities of the Los Alamos and Sandia national laboratories requesting assistance collectively for a larger project.

This grant  allows Eldorado Biofuels and its co-applicants to have Los Alamos National Lab conduct advanced algae growth studies utilizing treated produced water originating from a variety of sources across New Mexico.