A new microgrant program has been created to celebrate the 100th anniversary of Route 66 and help support businesses and attractions owned or operated by a woman or a group of women that are located along the route. Businesses that meet eligibility criteria must apply by August 26, 2024, for the current round of ten $2,000 grants.
Continue readingCategory Archives: New Programs, Open Opportunities and Announcements
BizSprint for Doña Ana
Arrowhead Center, in collaboration with the U.S. Small Business Administration, is offering BizSprint Doña Ana, a FREE business support program for existing and aspiring business owners in Doña Ana County.
Continue readingCalling All Creative Entrepreneurs
DreamSpring, a nonprofit Community Development Financial Institution (CDFI) and Small Business Administration (SBA) lender, has launched a new loan and technical assistance program designed specifically for small businesses and entrepreneurs in the creative industries. DreamCreative, with support from Etsy’s Uplift Fund, offers personalized funding solutions and complementary business education crafted for creative small businesses.
Continue readingEntrepreneurship Bootcamp
Native American Veterans interested in starting or growing a business are encouraged to apply to attend a two-month entrepreneurship bootcamp that combines online and in-person learning. Applications are being accepted until August 12, 2024.
Continue readingThe 5 Cs of Credit
Clearinghouse CDFI (Community Development Financial Institution), which provides affordable, flexible loan solutions to support small- to medium-size businesses, entrepreneurs, developers, and nonprofits, is offering a live webinar to give insight into credit evaluation.
Continue readingNew to Loans? This Will Help
The nonprofit business development organization WESST is offering a workshop to introduce small business owners and entrepreneurs to its lending program, which includes SBA loans. Participants will learn about the 5 C’s of credit as they pertain to the lending industry in general vs how WESST determines loans. Participants will also have an opportunity to ask questions and discuss the next steps.
Continue readingWESST Offers Financial Literacy Training
The nonprofit economic development organization WESST is now offering financial literacy training through its Money Learning Lab. The lab brings small business makers, doers and dreamers together to access tools that will help build their business.
Continue readingLoan Fund Client Wins SBA Statewide Award
Silvia Terrazas, owner of Paleteria La Reyna Michoacana, was named the New Mexico SBA’s 2024 New Mexico Women-Owned Small Business of the Year. Terrazas’s Las Cruces business makes Michoacana-style ice cream and popsicles, known as paletas, and sells them along with other items such as pinatas, candy, and Mexican party favors. A loan from the nonprofit lender The Loan Fund enabled Terrazas to construct and occupy a new building when she was ready to expand.
Continue readingPower Up With DreamSpring’s Power Line of Credit
Businesses that have fluctuating capital needs often use a line of credit, which allows them to borrow only what they need, repay all or part of the loan, and repeat as necessary without having to apply for a new loan every time additional funds are needed. The Power Line of Credit offered by the nonprofit lender DreamSpring gives eligible businesses this type of flexible financing.
Continue readingGrants Offered by the RDC
The Regional Development Corporation (RDC) is accepting applications for 2024 grants from its Tribal Economic Diversity Fund. The deadline to apply is August 15, 2024.
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