LOS ALAMOS, New Mexico, March 8, 2010— Los Alamos National Laboratory (LANL) has selected Simtable and Southwest Bio Fuels as recipients of $100,000 awards from the Venture Acceleration Fund of Los Alamos National Security, LLC, which manages and operates the Laboratory for the U.S. Department of Energy’s National Nuclear Security Administration.
The Venture Acceleration Fund invests in creating and growing Northern New Mexico businesses that have an association with LANL technology or expertise. Venture Acceleration Fund investments help the companies and their technologies reach the next level of success through proof-of-concept, prototyping, securing initial customers, or additional funding.