The business development organization WESST helps businesses grow by offering workshops, personal business consulting, and loans. On October 14, WESST takes its support further by hosting a pop-up shop where its clients and other artisans can market their businesses and engage with customers.
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Business Leaders Connect
Business leaders can connect with entrepreneurs at one of the many Mfg Day events taking place in New Mexico during October.
Continue readingSmall Biz Builder Program for Eddy and Lea County Businesses
Nonprofit lender LiftFund has partnered with ConocoPhillips to provide a three-week program to help Permian Basin entrepreneurs develop and grow their businesses.
Continue readingThe Loan Fund Fuels Adobe Tradition
Albuquerque Joinery is a small design-build company that specializes in new home construction using traditional adobe building techniques and fine carpentry.
Kenny DeLapp and Esther Fredrickson launched the business in February 2020 after building their own adobe home in Albuquerque’s South Valley. Built under an owner-builder permit, their 1,600 square foot home is a showcase of modern construction and traditional materials with brick floors, exposed vigas, adobe mud plaster walls, and site-built solid wood doors.
DeLapp, who is skilled in masonry and fine carpentry, learned traditional building techniques while working with his uncle Win, a long-time adobe builder known for custom furniture, cabinets, and museum exhibits.
Continue readingUNM Rainforest Innovations Offers Business Mentoring
The University of New Mexico offers training and technical assistance to entrepreneurs and small-business owners at all of its UNM locations, including downtown Albuquerque (Rainforest Innovations building), Taos, Los Lunas, Gallup, and Los Alamos. Business mentoring is one facet of its services.
Continue readingBranded Grants Help the Lucky Few
Large corporations have jumped on the business-resource bandwagon to offer grants that aim to help entrepreneurs launch new businesses. Grants of $20,000, $10,000, and even $5,000 can jumpstart a small business and push it into profitability if the money can be used for equipment purchases or marketing expenses. If the money comes with business mentoring, the prize is even more valuable.
Continue readingBusiness Incubator Opens in Valencia County
Valencia County small businesses and startups have another resource to help them grow their businesses. The Valencia County Business Incubator (VCBI), located at 360 Rio Communities Blvd. in the City of Rio Communities, opened in August 2022 to provide consulting, mentoring, and seminars, in addition to office space and workstations.
Continue readingNew Mexico Startup Gets Help with Pitch to Potential Clients
Working with New Mexico Manufacturing Extension Partnership (New Mexico MEP) shaved at least a year off the time RingIR president Dr. Charles Harb expected to spend getting his company’s portable gas-detecting product ready for market.
And given the disruption and delay caused by the state’s protracted coronavirus-related shutdown, the value of that time is hard to calculate.
“We were working with (New Mexico MEP) on a business plan just before COVID hit, and everything got shut down,” said Harb, who runs the company with his wife and co-founder, Anna.
The couple launched the business in California in 2013 to commercialize the wideband optical spectrometer Harb had developed at the University of New South Wales in Australia to detect airborne chemicals.
Continue readingProtect Your IP
According to legalzoom.com, “Intellectual property rights are the ownership rights you have over things that you create as a result of your original ideas.”
As entrepreneurship has grown in New Mexico, so have the number of resources available to help innovators protect the economic value of their intellectual property.
Continue readingNMSBA Leveraged Project: Apply by Sept. 14
The New Mexico Small Business Assistance (NMSBA) program at Los Alamos and Sandia national laboratories is soliciting proposals for leveraged projects. The deadline for submission is September 14, 2022. The program does not provide capital or financial investment, however, awarded businesses receive monetary value of up to $120,000 in the form of technical assistance from laboratory engineers, scientists, or their community partners.
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