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 readingCategory Archives: New Opportunities
Financial 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 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 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 readingBusiness Plan is Guide to Success
A business plan is a document that spells out a company’s expected course of action for a specified period, usually including a detailed listing and analysis of risks, uncertainties, and opportunities. For the small business, it should examine the proposed products, market, industry, management policies, marketing policies, production requirements, and financial needs.
Continue readingRaise Capital for Your Tech Business
Scale Up NM is offering a free business support program to New Mexico tech startups called the Capital Raise Sprint. This 6-week virtual accelerator is designed to help early-stage entrepreneurs understand how to fund their growth through financial tools that include angel investors and venture capital investors.
Continue readingLaunch Your Business with LiftFund
The nonprofit lender LiftFund is offering a step-by-step checklist for starting a business. Join LiftFund online on Tuesday, July 11, 2025, to learn how to set up your new business and get the tools for business growth and success.
Continue readingREAP Program Guarantees Small-Business Loans
The Rural Energy for America Program helps agricultural entities and rural small businesses develop renewable energy systems or implement energy efficiency upgrades by making capital available. While the grant-making portion of REAP is closed until at least October 1, 2025 (and perhaps longer depending on Congressional funding), the loan portion of the program is open and accepting applications on an ongoing basis.
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