The Las Cruces Green Chamber of Commerce (NMGCC) works to foster the success of local economies and promote businesses committed to Continue reading
Author Archives: Admin
International Trade Assistance
Several organizations provide assistance with developing international markets. Continue reading
Government Contracting
Government contracting can be a lucrative business niche for those companies that obtain appropriate certification. Continue reading
Subordinated Loan
A loan or part of a loan that has a secondary position to another loan if the borrower should default on their debt. In the case of default, the subordinated loan would receive payment after the primary lender is paid off. Subordinated loans are typically provided by government entities and may represent a portion of the total loan.
NM MEP Helps Entrepreneur Prepare Revolutionary Product
Matt Moser, Innovation Director, NM Manufacturing Extension Partnership
Most entrepreneurs who approach the New Mexico Manufacturing Extension Partnership are well along in production of an invention or commodity. Some operate decades-old businesses but need help identifying and overcoming production bottlenecks and instituting lean processes that can increase their profitability and competitiveness.
Vince DiGregory tapped into the talent at MEP before he had even built a prototype for the folding flat-pack modules he hopes will revolutionize the temporary shelter industry for military and disaster relief operations.
DiGregory’s invention is an 8-by-8-foot folding structure that can interlock with other modules to create larger enclosures. The lightweight structure can be rapidly assembled and taken apart, making it ideal for small-scale, temporary operations. Continue reading
Small Business Innovation Research Program (SBIR)
SBIR and a related program, Small Business Technology Transfer Program (STTR), grant money to small Continue reading
Other Incentives
The State of New Mexico has provisions for a wide range of tax and other incentives, including those related to Continue reading
Job Training Incentive Program (JTIP)
JTIP is one of the most popular incentive programs in New Mexico. It pays for classroom and on-the-job training for newly-created Continue reading
Angel Investors
Angel investors are high net-worth individuals who invest on their own or together as a group in seed– or early-stage Continue reading
Venture Capital
Venture capitalists invest in rapid-growth and scalable businesses in exchange for an equity position in the company. New Mexico Continue reading