TNeuroPharma, which was founded by Kristina Trujillo, received a $25,000 grant from the New Mexico Economic Development Department to aid in its goal of developing a therapeutic for Alzheimer’s Disease by taking a new approach to diagnosis and treatment.
Courtesy New Mexico State University
Eight New Mexico companies are the recipients of $25,000 grants for companies that demonstrate the potential for high-growth, provide a unique product or service and could create jobs or garner private investment.
The Science and Technology Business Start-up grants were awarded by the New Mexico Economic Development Department, and are available to New Mexico-based for-profit science and technology companies with fewer than 50 employees.
Eligible businesses must work in one of the following fields: aerospace, biosciences, cybersecurity, intelligent manufacturing or sustainable and green energy.
Out of more than 70 applications, the eight companies receiving science and technology grants are:
- TNeuroPharma, which is based in Albuquerque and has a goal of developing a therapeutic for Alzheimer’s Disease by taking a new approach to diagnosis and treatment.
- K&K Skin Products in Albuquerque wants to disrupt the skincare industry with a patent-pending product that reduces the appearance of wrinkles, acne scars and stretch marks.
- STEM Boomerang in Albuquerque offers a workforce recruitment platform that connects employers and the New Mexico graduates looking for career opportunities in the state.
- Nob Hill Therapeutics Inc. in Albuquerque is commercializing University of New Mexico technology to create effective inhalation therapies to address lower respiratory tract infections.
- Molten Salt Solutions in Santa Fe is developing technology that will be needed by the next generation of nuclear reactors, including isotope separation methods and salt synthesis methods.
- Neurinsight LLC in Albuquerque provides individualized, highly specific and sensitive point-of-care clinical neuroimaging solutions to guide brain surgery at an affordable cost. The company has completed an NIH Phase I STTR grant to develop a real-time resting-state functional MRI software tool.
- AllerPops Corp. in Los Alamos is dedicated to relieving allergies for longer periods of time, removing the need for daily shots or pills, by treating the root cause of airborne allergies. AllerPops lollipops provide allergy relief lasting for months to years instead of mere hours by feeding good oral bacteria through their proprietary probiotic and prebiotic formula/foundation and all-natural ingredients.
- Orch Tech LLC in Ohkay Owingeh is advancing the wireless industry through a portable, lightweight device to boost incoming signals and improve local connections for cell phones, laptops, satellite and Wi-Fi internet receivers without the need for power plugs, cables or batteries.
