New Mexico-based artists can apply to sell their work to New Mexico’s Art in Public Places Program. The deadline to apply is September 22, 2025.
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Apply to Pitch for Cash
Businesses in the outdoor recreation industry can apply by Sept. 30 to pitch their company services or products at the 2025 Adventure Pitch Fest. The event offers $15,000 in cash prizes split among three pitch fest winners.
Continue readingFinancial Statements Tell the Good and Bad
Financial statements are a business owner’s best friends when the owner takes the time to look at them. They indicate the good and bad of a business’s operations. Financial statements such as the Balance Sheet, can be a snapshot in time, while others, like the Statement of Cash Flows, Budget vs. Actual Income Statement, and Profit and Loss Statement, show trends over time. All of them are essential for knowing how the business is performing.
Continue readingState’s Business Resources On Display
New Mexico offers an abundance of resources to help new and established businesses reach their goals. Many will be on display at an expo-style event on August 29, 2025, in Santa Fe. The event is open to the public, and participants are encouraged to walk around, meet institutional representatives at their tables, and engage in informal conversations about available resources and potential partnerships.
Continue readingLoan Funds a New Sense of Purpose
Cambri Gardner learned about the medical spa industry through her mother, a registered nurse working at a Colorado medical spa. Gardner now works alongside her mother at Roswell Aesthetics & Wellness, the business Gardner purchased in 2023 with the help of the nonprofit lender The Loan Fund.
Gardner had spent much of her professional career in sales and was ready for a change. “Sales was not fun for me,” said Gardner. “I really didn’t feel like I was benefiting people.”
In 2018, Gardner began working at a medical spa and was soon studying to obtain laser certification. Becoming an esthetician gave her a new sense of purpose, she said. “Seeing the changes that benefit people not just on the inside but on the outside, I felt was more life-changing for me.”
Continue readingLease or Buy a Building?
Owners of businesses seeing an increase in profits often wonder if they should continue to lease their building or buy one of their own. Increasing profit is just one factor to consider when deciding if it’s time to buy a commercial building. Many other factors are just as important.
Continue reading8-Month Business Accelerator Program
The Center for Responsible Entrepreneurship at UNM Anderson School of Business is offering an eight-month business accelerator program to help individuals and businesses take their ideas to the next level. Participants do not have to be enrolled at UNM. Applications will be accepted until August 22 for the program that begins on September 6, 2025.
Continue readingWESST Doubles Down to Help Businesses
The nonprofit organization WESST is strategically restructuring to serve businesses and startups throughout New Mexico well into the future. Much like the advice WESST consultants give business owners facing changes in the marketplace, WESST is responding to a volatile nonprofit-funding environment.
Continue readingBoost Your Publicity
The New Mexico Chapter of the Public Relations Society of America is hosting a “Meet the Press” event to help public relations professionals and businesses strengthen their ties to the media. The July 31, 2025, event aims to deepen understanding of today’s media landscape and build stronger, more effective relationships with journalists and media outlets.
Continue readingReaching Rural with Small Business Loans
Carlos and Juany Chico went to several national banks for a loan to expand their lakeside food stand to a brick-and-mortar restaurant location. Like most small and startup entrepreneurs, they were turned down because they didn’t fit the lending requirements of traditional banks. That’s when they turned to the nonprofit lender DreamSpring for a small loan to fund operating and inventory expenses at the new location.
Chico’s Tortas y Pinas Lokas, now known simply as Chico’s Mexican Food, now operates out of a former KFC Restaurant building on Historic Route 66 in Santa Rosa and serves patrons in nearby Tucumcari from a food truck. The business is thriving, thanks to the tight-knit family of 12 and other staff, along with several DreamSpring loans that have enabled the company’s growth.
“DreamSpring is a good option,” Carlos said for people who don’t meet the lending requirements of traditional banks.
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