Economic Impact Report

2025 Economic Impact on New Mexico

Developing new business, strengthening existing companies, contributing to a diverse economy

The Laboratory invests and partners in economic development initiatives and programs that help stimulate business growth, create jobs, and strengthen our communities.

One of the Laboratory’s initiatives, the New Mexico Small Business Assistance program (NMSBA) assists for-profit businesses in New Mexico with access to subject matter experts and cutting-edge technologies at Los Alamos and Sandia national laboratories to solve technical challenges.

The state-funded TRGR Technology Readiness Initiative allows New Mexico businesses to work directly with researchers at Los Alamos and Sandia National Laboratories to advance technologies licensed from or developed in collaboration with the laboratories. Nuclear energy company Kairos Power is participating in a TRGR project with Los Alamos National Laboratory to further the design of a new testing and manufacturing facility in Albuquerque which employs more than 90 people.

Contact

Economic Development

Patrick Duran | (505) 989-6908 | Economic and Workforce Development at LANL

Technology Engagement & Entrepreneurship

Mariann Johnston | (505) 667-4391 | Email | Feynman Center

Workforce Development

Investing to develop local talent for the Laboratory and the region

A skilled workforce is crucial to the future of the Laboratory and Northern New Mexico. The Laboratory is working with education, business and government partners to ensure the projected workforce needs for the Laboratory and the region are met — strengthening the local economy.

New pipeline programs address critical skills for a growing workforce:

• The Laboratory has four formal partnerships with regional colleges for workforce development pipeline programs.
• In partnership with NNSA, the Laboratory provided funding for additional workforce development programs in engineering, machining, supply chain management and welding at 10 regional colleges, and for career exploration programs reaching more than 1,000 K-12 students.
• An agreement with Northern New Mexico College under the Department of Energy’s Mentor Protégé Program builds capacity for the college and supports workforce development in IT and cybersecurity areas. The NNSA’s Pipeline Development Program provided $376,675 to the project for work conducted in 2024 and 2025.

Contact

Workforce Development

Rebecca Estrada | (505) 989-6908 | Workforce Development at LANL

Employment

Providing solutions to the most pressing issues facing the nation

Los Alamos National Laboratory is a workplace that attracts, inspires, and develops world-class talent to ensure a vital future workplace. Our innovative, agile and principled workforce is essential to solving problems of global importance.

Contact

Community Partnerships Office

Kathy Keith | (505) 989-6908 | Email | Community at LANL

Small Business Procurement

Purchasing quality products and services from small businesses while ensuring that the needs of the Laboratory and its customers are met.

Payments made to suppliers as a result of Laboratory procurements help drive economic growth in New Mexico and the nation. The staff in our Small Business Program and procurement personnel work closely with small businesses to learn about the goods and services available to the Laboratory and inform them about subcontracting requirements and opportunities.

Procurement from New Mexico small business by category

Overall procurement from small businesses by category

Contact

Small Business Program

Yvonne Gonzales | (505) 667-4419 | Email | Business at LANL

*The data in this report have been derived from the Laboratory’s financial systems for payments made in fiscal year 2025 (October 1, 2024, through September 30, 2025), unless otherwise noted.

LA-UR: 26-20219