Jeff Bingaman United States Senator from New Mexico

WASHINGTON – U.S. Senator Jeff Bingaman today announced that New Mexico Technology Ventures Corporation has received a $1 million grant to help bring technology to the marketplace.

The grant was awarded through the U.S. Department of Commerce.  It will be used to commercialize research developed under the Small Business Innovation Research program, also administered through the Department of Commerce.

"Our state is the home of some of extremely important and innovative research.  Where possible, it makes sense to transfer that research and technology to the marketplace, creating good jobs in our state," Bingaman said.