We're in this Together.
Today, Mayor Tim Keller and the City of Albuquerque Economic Development Department announced a $500,000 Micro-Business Relief Program to provide vital economic support to small businesses needing assistance in overcoming the temporary loss of revenue due to COVID-19....
Phew! From New Mexico Taxation and Revenue – Personal Income Tax – New Mexicans now have an extra 90 days to file and pay their 2019 personal income taxes in recognition of the economic hardships many are facing as a result of the COVID-19 pandemic. Taxpayers will...
From our friends at Dreamspring: In case you haven’t submitted an application with the SBA yet, they are now offering up to a $10,000 grant to any business that applies for the disaster relief loan. You are supposed to receive the grant within 3 business days of...
Many of those small business owners are self-employed and contractors. Here's how the CARES act is explained to benefit 1099 workers: Known as the CARES Act, the law takes unprecedented steps in including the self-employed in the social safety net. It offers...
From NM Idea: Local Economic Development Act (LEDA) Zero-Percent Interest Loans Limited to expenditures for land, building and infrastructure Can be used for lease abatement or mortgage assistance Company must be a qualified entity (manufacturer, non-retail service...
New Mexico leaders did a super helpful webinar that overviews where to go and who to talk to. Click here to watch Economic Development’s Explanation of the Loan Guarantee Watch the webinar for ALL small business resources
This collaborative is between the Economic Development, Workforce Solutions and Tourism departments, working directly with the Office of the Governor. They’re offerring help with economic recovery. Here’s the questionnaire you can fill out if you don’t know which...
The American Society of Association Executives put this one-sheeter together to explain the massive bill that’s relevant to us. Download the PDF here.
Local banks and the state are putting financial measures in place to assist customers and businesses through uncertainties created by the COVID-19 outbreak. Read More
“The New Mexico Economic Development Department (NMEDD) has created a program to assist businesses seeking emergency loans or lines of credit to deal with negative economic impacts from COVID-19.” – NMEDD First, identity a lender. NMEDD put this list together to help....
From the SBA: With $349 Billion in Emergency Small Business Capital Cleared, SBA and Treasury Begin Unprecedented Public-Private Mobilization Effort to Distribute Funds WASHINGTON – Following President Trump’s signing of the historic Coronavirus Aid, Relief, and...
If some if you had the pleasure of working with ABQ Economic Development Director Synthia Jaramillo, you'll know how much she's got the grit to fight for small businesses. Take a look at her interview with New Mexico In Focus....
I'm grateful to my leadership course leader, Janice Honeycutt, for giving us some great advice through troubling times. If you feel alone, reach out. Find some peers. Touch base regularly. It can make the difference between struggling through this and thriving through...
More Resources to come!
It's impossible for us to keep up with all the resources for business in New Mexico. That's why we're asking you to help us curate what we should consider a business resource. Submit a link or document now.
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