Roadshows Prep Businesses for International Travelers

The New Mexico Tourism Department is hosting a series of “roadshows” to help tourism businesses understand how to work with international tour operators and grow their business through the global travel trade. The events will be held in Albuquerque, Santa Fe, and Las Cruces from April 7 to April 9, 2026, in conjunction with the tourism authorities of the three cities.

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Loans Help Ballet Academy Stay on Pointe

Megan Yackovich founded Ballet Taos Academy in 2016 to help young dancers develop their passion for this classical art form. A former professional dancer who previously operated an academy in Colorado Springs, Yackovich fell in love with Taos while traveling through and decided to stay. Small business loans and assistance from the nonprofit lender The Loan Fund helped anchor Yackovich and her nonprofit academy in New Mexico.

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Do Business with Sandia National Laboratories

Small businesses looking to grow might consider doing business with Sandia National Laboratories. Companies that can deliver high-quality specialized services and world-class technologies are always in demand at Sandia. Businesses that offer products and services that support Sandia’s research and development, electronics and machining, telecommunications, and more can learn what Sandia buys on Thursday, March 26, 2026, at the annual Sandia National Laboratories Opportunities Fair in Albuquerque.

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Resource Fair Has Answers for Small Businesses

SCORE is hosting a small-business resource fair to help entrepreneurs and business owners access free and low-cost resources and make connections that can help them grow their companies or ideas. The free event runs from 4:00 pm to 7:00 pm on Tuesday, March 24, 2026, at the Sid Cutter building at Balloon Fiesta Park in Albuquerque.

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Pilot Program Helps Albuquerque Small Businesses Reduce Energy Costs

Albuquerque electricity provider PNM is launching a new initiative that aims to help small businesses in Albuquerque reduce energy costs, improve safety, and invest in energy-efficient upgrades. The 2026 Business UpLift (BUL) Pilot Program targets small businesses in neighborhoods identified by the City of Albuquerque as facing economic challenges. If the Albuquerque pilot proves to be successful, the program will eventually expand across all of PNM’s service territory.

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Is it a Hobby or Business?

It’s tax time, and the Internal Revenue Service wants to know if your income and expenses are related to a business or if your activities are a hobby that is done for pleasure. When determining if activities are a hobby or a business, tax filers can check the boxes, but no single factor is decisive. The final arbiter is the IRS, which considers multiple factors to determine if someone is operating a business whose income will be taxed or expenses deducted.

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Tribal Grant and TEAM Fund Open Applications

The Regional Development Corporation has begun accepting applications for its Tribal Grant Program and its TEAM Fund. The Tribal Grant offers up to $5,000 to eligible businesses owned by an enrolled member of a Northern New Mexico tribe, while the TEAM Fund offers no-interest loans of up to $20,000 to Northern New Mexico manufacturing and technology companies.

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Financial Basics Offered

B:Side Capital is hosting a step-by-step program designed to help participants build essential financial knowledge through online and in-person sessions. Attend the March 4, 2026, virtual meeting to learn about Managing Your Finances, and join by web again on March 11 to learn about the Power of Saving. A final session is offered in person at the B:Side Denver office on March 18, when participants explore working capital loans starting at $10,000.

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Local Program Has National Implications for Entrepreneurs

Holly Eagleston, NM LEEP Cohort 5 Fellow

The New Mexico Lab Embedded Entrepreneurship Program (NM LEEP) has selected its fifth cohort of deep-tech innovators. The two-year fellowship, based at Los Alamos National Laboratory, supports entrepreneurs working to accelerate the commercialization of breakthrough technologies that address the nation’s most urgent energy, security, and economic challenges.

The program pairs deep-tech entrepreneurs with the unique talent and technology of Los Alamos National Laboratory. Fellows are matched with seed capital, a large network of mentors, customers, and investors to help entrepreneurs transition technology into a scalable product. The program also offers a generous stipend, health insurance, travel reimbursement, and relocation assistance.

Applications for the 2027 cohort will be accepted beginning February 28, 2026. The application period closes on May 8, 2026.

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