The New Mexico Early Childhood Education and Care Department is offering loans starting at $100,000 for child care facilities, and applications can be submitted now until October 31, 2026. The program provides low-interest, long-term loans to caregiving providers to build and make improvements to child care facilities.
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Child Care Businesses Get Access to Tools and Funding
When the New Mexico Legislature passed landmark legislation to cement Universal Child Care in state law, the nonprofit lender WESST was already geared up. The WESST childcare accelerator program was training and providing funding for new childcare businesses to meet the needs of parents of preschoolers. WESST, long established as an expert in business consulting, training, incubation and lending, expanded to helping individuals start and grow sustainable child care businesses.
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