The U.S. Small Business Administration (SBA) is celebrating small businesses in May with a breakfast and a virtual summit that includes learning sessions. The national summit takes place on May 5 and 6, and local businesses will be featured at a breakfast in Albuquerque on May 8, 2026.
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Nominate Your Business
The U.S. Small Business Administration highlights the impact of outstanding entrepreneurs, small business owners, and community members from all 50 states and U.S. territories during National Small Business Week. If you are an innovator, risk-taker, and job creator who pours your heart and soul into starting, growing, and expanding a business, you should nominate yourself for an award by December 22, 2025. Winners will be feted nationally and in New Mexico in early May 2026.
Continue readingGet Your Business Recognized By The SBA
The US Small Business Administration (SBA) is accepting nominations for National Small Business Week Awards. The SBA recognizes the hard work, ingenuity, dedication, and economic contributions of small businesses during its annual National Small Business Week Celebration. The 2025 event takes place May 4 through 10, 2025, when at least 10 awards will be bestowed on New Mexico small businesses. The deadline to nominate your or someone else’s business is December 5, 2024.
Continue readingSBA Ascent Training Program Starts Soon
The New Mexico District Office of the U.S. Small Business Administration (SBA) is encouraging women entrepreneurs to apply to participate in its Ascent Training Program. Ascent is an online program that includes business skill training and networking with other women entrepreneurs. The deadline to apply to join the fall 2024 cohort is Wednesday, October 2. The program runs from October 3 to November 7, 2024.
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 readingWESST Named NM Microlender of the Year
The small business development organization WESST was named the 2024 Small Business Administration’s New Mexico Microlender of the Year. The award was bestowed on May 1, 2024 at the SBA New Mexico Small Business Awards Breakfast. The SBA celebrates National Small Business Week by honoring outstanding entrepreneurs and resource providers while putting a spotlight on the people who run the 33 million small businesses in the country.
Continue readingHardship Accommodation Plan Aims to Help EIDL Borrowers
Two news organizations reported this week that the U.S. Small Business Administration (SBA) has made changes to its COVID-19 Economic Injury Disaster Loan (COVID-19 EIDL) program to help small businesses that have been unable to repay their loans.
Continue readingSBA Small Business Week – Virtual in 2022
Congratulations to Joy Colucci, CEO of Metis Technology Solutions, who has been named New Mexico Small Business Person of the Year by the US Small Business Administration New Mexico District office. Ms. Colucci will speak about her business journey at an award ceremony on May 3 and will join other state and regional awardees at this year’s SBA Small Business Summit on May 5 as part of the SBA National Small Business Week Summit, which runs from May 2 through May 5. All events are offered virtually this year.
Continue readingSBA Hosts Virtual Women’s Business Summit
In honor of Women’s History Month, the U.S. Small Business Administration is hosting a virtual conference March 29-30 to help women business owners overcome challenges and take advantage of opportunities such as accessing alternative forms of capital and winning government contracts.
Continue readingPlan for Disasters Before They Happen
Small businesses are attuned to the risks they face when material costs and interest rates start to rise and competitors make inroads into their market share, but they’re not always conscious of less predictable but increasingly common risks, such as natural disasters. And they don’t always know about the resources available when their city or county is formally declared a disaster area and they become eligible for government assistance.
In April, for example, the U.S. Department of Agriculture declared 12 New Mexico counties primary natural disaster areas due to drought-related crop losses. The declaration enabled qualified farm businesses to access USDA emergency loans. Continue reading