Incubators Offer More Than Space

Roberta Easter dreamed of keeping her ancestor’s craft alive when she started Enchanting Soap Collections. Joined by her daughter, Chrystal Trykoski in 2022, the pair worked from Easter’s home, creating hand-poured soaps of unique designs with no two the same.

In 2025, Easter and her daughter moved the business into the WESST Enterprise Center business incubator, giving them room to grow, scale, and dream bigger than ever. As WESST incubator tenants, Easter and Trykoski are receiving operational support and resources that are already accelerating the company’s growth.

Barely a year after moving to the incubator, Enchanting Soap Collections was selected as one of nine businesses from a national applicant pool of 120 to pitch at a national airport concessions competition in St. Louis sponsored by the Airport Minority Advisory Council (AMAC). Contestants presented their concepts before a distinguished panel of airport concessions and travel retail executives who evaluated businesses based on innovation, scalability, and market readiness to sell their products in United States airports.  While they did not advance to the next round of the competition, Easter and Trykoski are still winning big: they were invited to showcase and sell their products at the 41st Annual AMAC Conference in Maryland in June 2026.  

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Micro-Grant Deadlines Coming Up

The Regional Development Corporation (RDC) is accepting applications for up to $3,000 in capital from its Micro-Grant Fund. And the national organization, Local Initiatives Support Corporate (LISC), is accepting applications for up to $5,000 in funding from its FedEx E-Commerce Learning Lab fund. The criteria for each program differ widely, but both represent small business grant programs that can give new business owners critical funding for their enterprises.

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Book Offers Business Insight Gained Locally

Anne Haines, founder of the nonprofit lender DreamSpring, has collaborated with two local authors to share insights on building a business. Grit and Growth draws on DreamSpring’s 30-year evolution from a tiny startup to a national leader in small business development. Authors Anne Haines, Amber Kani, and Laura Marrich — along with Yashoda Naidoo, founder of Annapurna’s World Vegetarian Café and one of the entrepreneurs who shares her story in the book — are hosting a book release conversation at the DreamSpring headquarters in Albuquerque on Thursday, June 18, 2026. Light refreshments will be served. Missed the event? Scroll to the link below to order the book.

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New Owner Expands with SBA Loans

Emad Elmaoued never thought he would be running a business providing disability services and support to the developmentally impaired community of New Mexico. He is now doing it with the help of SBA loans.

An alumnus of the University of New Mexico (UNM), Elmaoued earned a bachelor’s degree in biology and chemistry and became a teaching assistant at UNM. From 2010-2021, he owned Gigateks, a company that maintains and administers computer networks and related computing environments, including computer hardware, system software, applications software, and all configurations. When the opportunity arose to purchase ADID Care, Elmaoued was struck by its mission, and he acquired the business in 2017 with an SBA 7(a) loan.

ADID Care provides a variety of services to the developmentally impaired community of New Mexico. Supported Living, Family Living, Community Support, In-Home Support, Non-medical Transport, and Adult Nursing provided by ADID Care assist people with intellectual and developmental disabilities.

The company aims to empower individuals with special needs, advocating for inclusivity and independence through services and support in their homes or communities rather than in institutional settings. ADID Care operates 12 single-family residences with nursing staff assistance.

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Uncover Profit Opportunities

Small business owners building the skills to manage and grow a business can tap into B:Side University, a free web-based platform that breaks down complex topics into clear, actionable guidance that aims to help entrepreneurs navigate everything from financing to daily operations. B:Side University is hosting a live session on Zoom on June 3, 2026, to help business owners uncover profit opportunities.

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Relationships Matter More than Credit Score

Nonprofit lenders understand there are legitimate reasons and unforeseen circumstances that can cause credit scores to drop below what most traditional banks deem the minimum for granting a business loan. Nonprofit lenders such as WESST emphasize character and relationships more than they do credit scores. WESST will explain what this means during a webinar on May 21, 2026. The webinar is conducted monthly to introduce business owners to the WESST lending program.

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No Loan Collateral? No Problem

Small businesses that have been in operation for at least six months may be eligible for a collateral-free loan. The Credit Builder loan is an entry-level loan designed to help New Mexico businesses build or strengthen credit while accessing working capital. The Rural Express loan is similar and is for businesses located in rural areas of New Mexico. Neither Credit Builder nor Rural Express requires collateral, and both are offered by the nonprofit Community Development Financial Institution (CDFI) known as B:Side Fund.

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National Labs Offer Help through NMSBA

New Mexico’s national labs are committed to helping businesses in the state through the New Mexico Small Business Assistance (NMSBA) Program. NMSBA is a statewide initiative that connects eligible small businesses with experts at Los Alamos National Laboratory and Sandia National Laboratories for specialized support from scientists and engineers to help solve technical challenges, improve products, strengthen operations, and accelerate growth. Business owners interested in learning more about the NMSBA Program can attend an in-person meeting at The BioScience Center in Albuquerque at 11:30 am on Wednesday, May 13, 2026.

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