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EVUS Inc., a Las Cruces-based sustainable and green energy company, is among five New Mexico companies that have received $25,000 each in science and technology business start-up grants awarded by the New Mexico Economic Development Department (NMEDD), NMEDD Secretary Alicia J. Keyes said in a news release.
“EVUS technology supports the hot water-based heating market and other industrial water treatment and water-based cooling processes, with devices that are effective, clean, energy efficient and easy to install and maintain,” the news release said. “EVUS also provides cost-effective solutions that reduce carbon footprint, energy consumption and harmful discharges.”
NMEDD said EVUS competes in a global market of more than $20 billion per year.
EVUS Inc. is located at 3655 Research Road within New Mexico State University’s Arrowhead Center.
NMEDD’s Office of Science and Technology, under the direction of Myrriah Tomar, Ph.D., and the Technology Research Collaborative board review all of the applications and choose the annual awardees. This round saw 56 applications, the release said.
The other grant recipients were Pajarito Powder and Osazda Energy of Albuquerque and Avisa Diagnostics USA, Inc. and iBeam Materials, Inc. of Santa Fe.