Clearinghouse CDFI (CCDFI) provided a $800,000 loan to Homewise, Inc. to build out a locally owned and operated restaurant in Santa Fe.
Continue readingCategory Archives: New Programs, Open Opportunities and Announcements
The Loan Fund Has More Money to Lend
The New Mexico Small Business Investment Corporation (NMSBIC) has allocated an additional $2.5 million to The Loan Fund, making its total investment to the nonprofit financial institution $37.5 million. The additional funds will allow The Loan Fund to offer more capital to small businesses to help them grow.
Continue readingBlack Business Summit Aims to Advance Economic Freedom
The 2024 Black Business Summit will be held in Albuquerque from 9:00 am to 5:00 pm Saturday, June 15. Hear from community members who have been on the journey from incubators, to contracting, to doing business globally, and learn important information on the Corporate Transparency Act, business formation considerations for entrepreneurs, small business loan opportunities, and more.
Continue readingIP For Artists – (and Businesses)
Business owners interested in learning how to protect their creations should attend WESST’s Intellectual Property workshop at 6:00 pm on June 12 in Bernalillo. The workshop is geared toward artists, however, all business owners will find the information can help them protect their logo and product packaging designs.
Continue readingCreative Businesses Should Attend Creative Industries Week
Creative Industries Week, which takes place online June 3 through 9, aims to connect entrepreneurs, business owners, and community groups working in creative industries with resources to help them grow. The event is co-produced by the New Mexico Economic Development Department and Creative Startups, a nonprofit organization that provides assistance to businesses in creative industries.
Continue readingReady to Start a Brewery? Apply to BrewerySprint
New Mexico State University Arrowhead Center is offering a FREE business support program to existing and aspiring brewers, distillers, and winemakers in New Mexico called BreweySprint. This 6-week business support program features a curriculum designed to support participants in developing and strengthening their businesses through guided exploration of the Business Model Canvas.
Continue readingRCAC Goes Beyond Small Business Loans
Rural Community Assistance Corporation, the nonprofit organization known as RCAC, offers small business loans to help businesses retain or create jobs and thus improve the economic condition of rural communities. Its Building Rural Economies Small Business Coaching team goes a step further by providing no-cost direct technical assistance to rural entrepreneurs and small businesses to launch or re-launch their business; operate, sustain, and grow their business; secure access to financing; and build networks.
Continue readingTake a Deep Dive into Export Regulations
Selling internationally is a great opportunity to increase revenue and scale a business. But don’t let your export journey be over before it begins by failing to comply with export controls. Join New Mexico MEP, the New Mexico Economic Development Department, the New Mexico Trade Alliance and others on May 14, 2024 to learn about Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR).
Continue readingWESST Named NM Microlender of the Year
The small business development organization WESST was named the 2024 Small Business Administration’s New Mexico Microlender of the Year. The award was bestowed on May 1, 2024 at the SBA New Mexico Small Business Awards Breakfast. The SBA celebrates National Small Business Week by honoring outstanding entrepreneurs and resource providers while putting a spotlight on the people who run the 33 million small businesses in the country.
Continue readingSmall Business Week 2024
In celebration of National Small Business Week, April 28-May 4, 2024, the Internal Revenue Service is featuring useful tax-related tools and resources to help small business owners, employers and self-employed individuals succeed.
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