Conference Aims to Help Manufacturers Adapt, Plan Future

New Mexico Manufacturing Extension Partnership (New Mexico MEP) is hosting a virtual conference October 26 through 29 to arm manufacturers with information to help them move beyond today’s supply chain, workforce, and other issues that pose challenges to production.

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DreamSpring Commits to Expanded Lending

The nonprofit lender DreamSpring has embarked on a 5-year plan to escalate its annual impact ten-fold over the organization’s 2019 lending levels by increasing its focus on entrepreneurs of color, low- and moderate-income entrepreneurs, people with disabilities, and other groups that are often underserved or marginalized.

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Grant Refresh for Sandoval County Businesses

The Sandoval County Board of Commissioners has added money to its CARES Grant pandemic relief program — now referred to as ARPA (American Rescue Plan Act) — that was offered to local businesses last year. Pandemic-impacted businesses located in Sandoval County, including the City of Rio Rancho, towns of Bernalillo and Cuba, and Village of Corrales, may apply for a grant of up to $20,000.

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Grants Offered for Global Expansion

The U.S. Small Business Administration State Trade Expansion Program (STEP) helps small businesses expand by increasing their revenue through global trade. Business owners interested in exporting their products can apply to the New Mexico Economic Development Department Office of International Trade (OIT) for assistance with strategies designed to increase small business exports. The OIT also makes available grant funds from SBA STEP for expenses such as tradeshow booth fees, trade missions, and other export-related activities.

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Building a Scalable Venture in New Mexico?

ActivateNM powered by CNM Ingenuity offers “office hours” for New Mexico startups and small businesses. Office Hours are a facilitated regular gathering of the growing ActivateNM community of entrepreneurs and mentors who get together to talk about pressing business questions their ventures are facing. The next monthly meeting will take place online on August 20.

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Invention-Con Delivers Patent Information

The U.S. Patent and Trademark Office (USPTO) is sponsoring a free online convention to help entrepreneurs capitalize on their intellectual property. Invention-Con takes place online from August 18 through 20.

Participants will hear from business and government experts about turning ideas into innovations, protecting work, and accessing valuable resources. Keynote speakers Serene Almomen, CEO of Senseware, and recording artist Ansel Brown will share their insights on science, technological innovation, music, and business.

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Increase Sales in the New Economy

A steady stream of sales is crucial to sustaining or growing a business. How do you increase sales in an economy where consumer buying styles have changed?

Join WESST online from 11:30 am to 1:00 pm on Tuesday, Aug. 17 for the first of four sessions to learn how to engage customers with a new approach to selling that increases revenue and eliminates pressure from the buying process.

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DisrupTECH 2021 to Introduce New Technologies

DisrupTECH is a celebration of the disruptive technology created by the scientists at Los Alamos National Laboratory. At this signature innovation event — now in its seventh year — thirteen carefully selected entrepreneurial-minded scientists will present their ideas with the goal of introducing the latest groundbreaking technology from Los Alamos and their inventors to entrepreneurs, investors, regional leaders, policymakers, and industrial partners. Be the first to see and experience the work of these featured scientists, and have the first shot at engaging in tech transfer opportunities.

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CAP Program Fills Collateral Shortfall

The Collateral Assistance Program (CAP) helps creditworthy small businesses obtain a loan for which they might not otherwise qualify. To help banks and other financial institutions make loans to small businesses in underserved markets, the New Mexico Economic Development Department can pledge cash to cover a collateral shortfall of a loan to enable commercial financing. Business owners apply through a participating bank or financial institution that can initiate the loan. 

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