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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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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Explore Marketing Tools

Learn marketing strategy and explore marketing tools such as branding, websites, and e-commerce at a once-per-month workshop series offered in Santa Fe by the business development organization WESST. The series aims to give small business owners practical tools to increase visibility, attract customers, and support business growth. The series runs throughout 2026, with the upcoming April 29 session exploring ways customers find businesses.

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