Technical Assistance

NM Small Business Assistance Program

The New Mexico Small Business Assistance (NMSBA) Program allows New Mexico small businesses facing a technical challenge to access the unique expertise and capabilities of Los Alamos and Sandia national laboratories. At no cost to the business, small businesses with a technical challenge can seek assistance from lab scientists or engineers for projects that require testing, design consultation and access to special equipment or facilities.

http://www.nmsbaprogram.org/

NMSU Arrowhead

Arrowhead delivers education and experiences to a wide range of aspiring and practicing entrepreneurs. Arrowhead also provides a variety of resources for individuals launching and growing small businesses, powered by our network of expert partners. Finally, it serves as a touchstone for collaborative efforts to improve the economic landscape of New Mexico and the Borderplex.

https://arrowheadcenter.nmsu.edu/

Opportunity Zones

Public Law 115-97, also known as the Tax Cuts and Jobs Act of 2017, provides for the governor of each state to nominate certain census tracts as “Opportunity Zones.” Designation as an Opportunity Zone allows for the creation of a new class of investment vehicle with tax advantages authorized to aggregate and deploy private investment located in Opportunity Zones. The purpose of these tax advantages is to attract capital investment into economically distressed areas.

https://edd.newmexico.gov/business-directory/opportunity-zones/

Rural Efficient Business Program

The Rural Efficient Business Program (REBP) offers assistance to small businesses and agricultural producers in New Mexico. We offer resources to reduce energy consumption, increase profits, and implement renewable energy systems. We’re here for your rural business.

https://nmruralbiz.com/

Small Business Development Centers

The program provides no cost business consulting and low cost business training to entrepreneurs throughout the state. Strategically located in 26 communities throughout New Mexico, NMSBDC’s consultants bring over 773 years of combined small business management and ownership expertise and have helped to create more than 26,000 jobs in the state since NMSBDC’s inception.

http://www.nmsbdc.org/

WESST

WESST is a statewide small business development and training organization committed to growing New Mexico’s economy by cultivating entrepreneurship. Founded in 1989 as a 501(c)3 nonprofit by two PNM executives, Joellyn Murphy and Carol Radosevich, and an initial Executive Director, Jessica Glicken, WESST has nurtured the entrepreneurial dreams of thousands of New Mexicans by providing training, technical assistance and access to capital.

https://www.wesst.org/

 

 

New Mexico FUNDIT

Communities are able to present their projects to an informal group of Federal and State funding agencies to receive feedback and guidance as to where to go to receive funding for their economic and community development and infrastructure projects.