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The New Mexico Lab-Embedded Entrepreneur Program (NM-LEEP) matches entrepreneurs with seed capital, a large network of mentors, customers, and investors and the unique expertise and resources of Los Alamos National Laboratory (Los Alamos) and Sandia National Laboratories (Sandia). Sponsored by the U.S. Department of Energy/National Nuclear Security Administration (DOE/NNSA), New Mexico LEEP provides a tailored business curriculum, technical support, and unique national lab expertise and facilities with the goal of commercializing critical deeptech innovations that impact our national security in the clean energy, biotech, advanced materials, AI and advanced computing, and space sectors.
Every year, a cohort of entrepreneurs are recruited from around the country. For two years, you will be embedded in the Los Alamos National Laboratory (LANL) research ecosystem, where DOE/NNSA provides funding, access to Los Alamos and Sandia national labs, and a program of intensive mentorship, tailored business development, and networking.
We are looking for entrepreneurial technical leaders who have the drive and ability to build a transformative technology and lead a team in its development. We also aim to ensure that the initial project concept is technically sound, reasonably differentiated, and addresses a well-framed problem with potential to significantly advance the missions of our fellowship sponsors.
Our goal is simple: empower participants to mature their ideas from concept to prototype to first commercial product and identify the most suitable commercial path to launch their technology into the commercial market.
This opportunity will be offered as long as Los Alamos National Laboratory is able to complete the onboarding process and ensure a meaningful experience to participants. We encourage you to apply and submit your application as soon as possible. Updates to this opportunity will be provided on this page as needed.
The New Mexico Lab-Embedded Entrepreneur Program (NM LEEP) supports innovators addressing national security challenges. We match visionary technology innovators with seed capital, customers, investors, individualized training, and the unique and world-class expertise and resources of New Mexico’s national laboratories. With up to two years of non-dilutive funding, NM LEEP innovators have the opportunity to advance, test, and validate their technologies necessary to transition them into scalable products. NM LEEP offers fellows:
Annual stipends range from $80,000 to $120,000, plus health insurance, travel reimbursement, and relocation allowance.
Interact with mentors to perfect the investor pitch and get introductions to a global network of investors to accelerate funding opportunities from federal and private sources.
Testing, validation, and early product development through a two-year technical collaboration with a New Mexico national laboratory researcher(s) through a funded Cooperative Research and Development agreement (CRADA).
Business model development with an experienced network of business resources that offer expertise in market sectors specific to your technology and market opportunity.
Tailored training and curriculum covering product design & development, investor strategies, financial projections, pricing strategy, pitch development, and more.
For more information about NM LEEP Program, please visit https://nmleep.com/
Qualifications for acceptance into the program: