Crowdfunding started as a way for entrepreneurs to raise business capital in exchange for a small equity position in the business. Now a widely accepted method of raising money, crowdfunding has gone well beyond ownership in exchange for money. A free webinar on March 18 aims to offer insight into the possibilities.
Continue readingTag Archives: New Mexico business
Get Quick Business Advice
Get expert business advice from ActivateNM’s founder business mentors during Speed Mentoring on March 14 at Q Station in Albuquerque. This in-person event pairs new and aspiring business owners with experts who can answer questions about scaling, investment, marketing, and early ideation.
Continue readingBusinesses Must Pay Gross Receipts Tax; Learn How
Businesses, both old and new, must pay Gross Receipts Taxes to the State of New Mexico when they sell a product or service in New Mexico. GRT differs from sales taxes charged by other states in that it applies to all sales – not just tangible items. The business development organization WESST is offering an online workshop at noon on March 7, 2025, to help small business owners understand their GRT obligation.
Continue readingGuerilla Bootcamp Accepting Applications
Applications are still being accepted for the 8-week virtual Guerilla Marketing Bootcamp. The course, which is sponsored by the New Mexico Startup Alliance and the New Mexico Economic Development Department’s JEDI office, previously published an application deadline of February 24, 2025, but the website is still accepting applications.
Continue readingLiftLearn Promotes Businesses Growth
The nonprofit small business lender LiftFund is now offering self-paced online classes to enhance knowledge about business finance, marketing, HR, and management. Participants in the LiftLearn program walk away with certificates of completion and the know-how necessary to grow their businesses. The LiftLearn program is based on the premise that smart decision-making requires the right tools.
Continue readingMeet With Small-Business Lenders at the Black Business Summit
The nonprofit lender and resource provider WESST is just one of the small-business loan providers that will offer information at the 2025 Black Business Summit on February 28 in Rio Rancho. The event is free, but registration is required due to limited space.
Continue readingTEAM Fund Offers Zero-Interest Loans
The Regional Development Corporation’s TEAM Fund will begin accepting applications from businesses in Northern New Mexico on February 18, 2025. RDC’s Technology & Manufacturing (TEAM) Fund awards up to $20,000 in no-interest loans to technology and manufacturing companies on track to add jobs, grow revenues, and attract additional funding or investment.
Continue readingLoan Enables Contract Fulfillment for REI
Jonathan Ballesteros is the inventor, founder, and CEO of Geyser Systems, a manufacturer of portable water systems. When the company obtained a large contract with REI Co-op, Ballesteros turned to the small-business lender B:Side Fund for a loan to expand production.
Geyser Systems designs and manufactures products that address real-world problems faced by 2.3 billion people: water-scarcity and sanitation. Their flagship product is a hot, portable shower that uses less than one gallon of water and is ready to use in as little as five minutes.
Continue readingGrant and Loan Program Helps Businesses Install Renewable Energy Systems
U.S. Department of Agriculture (USDA) Rural Development REAP provides grants and low-cost loans to agricultural producers and rural small businesses interested in saving money by saving energy. The Rural Energy for American Program (REAP) aims to reduce the amount of greenhouse gas pollution that affects the climate. REAP grants and loans help businesses purchase and install renewable energy systems and make energy-efficiency improvements.
Continue readingBusinesses Paid to Hire Interns
Small businesses in need of workers can hire an intern and receive pay reimbursement of up to $4,800 per intern through the Paid Internship Assistance for Employers program at Central New Mexico Community College. The program aims to give students real-world working experience as it connects businesses to a talent pipeline of potential future employees from CNM.
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