NM Economic Stats Show Improvement

The New Mexico Economic Development Department (EDD) has published the latest data from its County Economic Reports series that details economic growth, employment, and spending in all 33 New Mexico…

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Applications for LEDA grants now open!

The New Mexico Finance Authority and the Economic Development Department are now accepting applications for recovery grants of up to $100,000. The $200 million relief fund was created in the…

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Paycheck Protection Program update

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in…

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Second Round of PPP begins today

The Small Business Administration (SBA), in conjunction with the Treasury Department, has released updated guidance on the Paycheck Protection Program (PPP), including several interim final rules related to PPP and…

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Read more about the article Congress finally passes $900 billion COVID relief bill
The United States Capitol Building, the seat of Congress, on the National Mall in Washington, D.C.

Congress finally passes $900 billion COVID relief bill

After months of political posturing and stalled negotiations, Congress will be voting today on the long overdue aid package for businesses and individuals struggling with the effects of the pandemic…

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CARES business grant information and webinar

The New Mexico state legislature approved $100 Million in CARES Act grants for small businesses in New Mexico with priority given to the hospitality and leisure businesses. These small business…

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$100M in grants for New Mexico small businesses approved by state

Governor Michelle Lujan Grisham signed a $330 million relief bill on Wednesday that will provide $100 million in aid for New Mexico businesses who desperately need it.  Millions of dollars…

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ABQ approves additional $10 million in business aid

The Albuquerque City Council last night unanimously approved an additional $10 million in business grants to continue supporting local businesses struggling with the effects of COVID-19 hardships. The City had…

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