Loan for Entrepreneurs Ready to Launch

The Ready, Set, Grow! loan from the nonprofit lender DreamSpring offers financial footing for entrepreneurs ready to make their side business their main priority. The loan allows entrepreneurs to take the leap and turn their business dreams into reality.  It offers flexible and affordable capital from the nonprofit organization known for funding and support for new businesses.

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Guerilla Bootcamp Accepting Applications

Applications are still being accepted for the 8-week virtual Guerilla Marketing Bootcamp. The course, which is sponsored by the New Mexico Startup Alliance and the New Mexico Economic Development Department’s JEDI office, previously published an application deadline of February 24, 2025, but the website is still accepting applications.

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LiftLearn Promotes Businesses Growth

The nonprofit small business lender LiftFund is now offering self-paced online classes to enhance knowledge about business finance, marketing, HR, and management. Participants in the LiftLearn program walk away with certificates of completion and the know-how necessary to grow their businesses. The LiftLearn program is based on the premise that smart decision-making requires the right tools.

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TEAM Fund Offers Zero-Interest Loans

The Regional Development Corporation’s TEAM Fund will begin accepting applications from businesses in Northern New Mexico on February 18, 2025. RDC’s Technology & Manufacturing (TEAM) Fund awards up to $20,000 in no-interest loans to technology and manufacturing companies on track to add jobs, grow revenues, and attract additional funding or investment.

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Grant and Loan Program Helps Businesses Install Renewable Energy Systems

U.S. Department of Agriculture (USDA) Rural Development REAP provides grants and low-cost loans to agricultural producers and rural small businesses interested in saving money by saving energy. The Rural Energy for American Program (REAP) aims to reduce the amount of greenhouse gas pollution that affects the climate. REAP grants and loans help businesses purchase and install renewable energy systems and make energy-efficiency improvements.

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Businesses Paid to Hire Interns

Small businesses in need of workers can hire an intern and receive pay reimbursement of up to $4,800 per intern through the Paid Internship Assistance for Employers program at Central New Mexico Community College. The program aims to give students real-world working experience as it connects businesses to a talent pipeline of potential future employees from CNM.

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