LiftFund, a nonprofit Community Development Financial Institution, is now offering business assistance and loans to small businesses in the southern part of New Mexico. And last August, the microlender began a partnership with the City of Las Cruces to provide virtual workshops to help businesses through the pandemic.
Continue readingCategory Archives: New Programs, Open Opportunities and Announcements
NM CARES Act grant program guidelines announced
The NM Finance Authority has announced guidelines pertaining to the Small Business CARES Act grant program that was authorized by the New Mexico Legislature during the second special session of 2020. The guidelines make clear that time is of the essence. Applications will only be accepted until 12:00 noon MST Friday, Dec. 18. The Finance Authority anticipates opening the application process the week of Dec. 7, giving it just 11 days to allocate the entire $100 million fund.
Continue readingLISC Rural Relief Small Business Grants
LISC, a national nonprofit, is offering grants to small businesses located in rural areas defined as communities with a population of 50,000 or less. Applications will be accepted until December 6 at 9:59 pm MST. Read eligibility and apply here.
The Loan Fund reaches new heights
The Loan Fund, a nonprofit CDFI, has awarded 67 loans since January 2020, forty-four of which have gone to minority-owned businesses. In its 31 years, the organization has made over $100 million in loans to New Mexico small businesses, entrepreneurs, and nonprofits that were typically unable to obtain financing through traditional lending sources. Those loans and lines of credit have helped create more than 11,500 jobs across the state.
Continue readingCreative Startups LABS Pre-Accelerator for Northern New Mexico Food Entrepreneurs
Now accepting applications. Program designed to move food entrepreneurs from early concept into the market.
Virtual Event: Reimagining the New Mexico Food Economy
1:00 – 5:00 pm Dec. 1, 2020
Free event featuring organizations that are leading the way in changing policy and building programs and resources.