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Bingaman: WESST Receives $800,000 Federal Grant for Incubator Print Share

U.S. SENATOR Jeff Bingaman

Wednesday, July 22, 2009

Contact Senator Bingaman's Office:

Jude McCartin
Maria Najera
703 Hart Building
United States Senate
Washington, DC 20510
(202) 224-5521

Bingaman: WESST Receives $800,000 Federal Grant for Incubator

WASHINGTON – U.S. Senator Jeff Bingaman today announced that the U.S. Department of Commerce has awarded WESST an $800,000 grant to expand its business incubator in Albuquerque.

The grant, which comes through the Economic Development Administration, will be used to complete the east wing of the incubator and to expand the digital media studio.   The studio will be used for distance learning and training for businesses and employees across the state.

"WESST's business incubator does a terrific job getting businesses off the ground.  Even during these difficult economic times, the incubator is helping create good jobs in New Mexico," Bingaman said.

Since its opening in January, the WESST business incubator has helped six businesses housed in the building get up and running with three more expected to begin operations in the building shortly.  The businesses housed and supported through WESST employ 30 full-time employees.

Contact Senator Bingaman's Office:

Jude McCartin
Maria Najera
703 Hart Building
United States Senate
Washington, DC 20510
(202) 224-5521

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