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Copyright © 2021 Albuquerque Journal
Even as many small businesses in New Mexico struggled while the pandemic dragged down the economy, Los Alamos National Laboratory increased its spending with small businesses in the state by 30%, according to an economic impact report the lab released last month.
LANL boosted spending with New Mexico small businesses by nearly $125 million to $413 million during fiscal year 2020, which ended Sept. 30, and covered roughly the first six months of the COVID-19 outbreak.
The lab reported that small business in the state handled 7,315 projects, 202 more than the year before.
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The report was released about a month after lab managers received low marks for small-business relations on its annual evaluation by the National Nuclear Security Administration, the semiautonomous agency within the Department of Energy that’s in charge of national security and oversees the production of the U.S. nuclear stockpile.