Small Business Recovery Loan Fund
Information provided by the New Mexico Finance Authority What is the Small Business Recovery Loan Fund? Created by the Small Business Recovery Act of 2020 (June 2020 Special Session) and signed into law by Governor Michelle Lujan Grisham on July 7th. The $400 million program provides low-interest rate loans to businesses that experienced financial hardship […]
Small Business Recovery Loan Fund Webinar Series for Lenders, Intermediaries & Business
The New Mexico Finance Authority is partnering with the New Mexico Economic Development Department to present a series of webinars on the Small Business Recovery Act. Webinars are free to attend. Registration for the session you wish to attend is required. Small Business Recovery Loan Fund: The Role of Participating Lenders July 28 at 11 […]
Governor Michelle Lujan Grisham approves $178 million of CARES Act funding for small businesses, tribal & local governments
$150 million for local governments & small businesses, $28 million for tribal governments July 27, 2020 SANTA FE – The office of Gov. Michelle Lujan Grisham on Monday announced that applications have gone out for $178 million of CARES Act funding for tribal and local governments. $28 million is available for tribal government grants and […]
State updates school reopening guidance, hits pause on ‘hybrid model’ for start of school year
Eligibility date for in-person learning postponed through Labor Day; professional development for educators and additional preparation for ‘hybrid model’ encouraged through August July 23, 2020 SANTA FE – The New Mexico Public Education Department on Thursday announced updates to the state’s plan for the safe and methodical reentry into school for students and educators this […]
Gov. Lujan-Grisham Signs Measure to Help Small Businesses Recover from COVID-19
July 7, 2020SANTA FE – Gov. Michelle Lujan Grisham on Tuesday delivered hundreds of millions of dollars for low-interest, low-risk loans to help small New Mexico businesses recover financially from COVID-19.The Small Business Recovery Act of 2020 allocates $400 million from the state’s $5 billion Severance Tax Permanent Fund for loans to small New Mexico […]
State Extends Emergency Public Health Order
SANTA FE – Gov. Michelle Lujan Grisham on Wednesday extended the state’s emergency public health order through July 15 and issued a severe warning about the risk of New Mexico being forced to re-enact more severe public health restrictions in order to curb the spread of COVID-19 across the state. Reflecting the rising case count […]
Otero County 2020 Census Response Rate Challenge
Otero County, NM June 9, 2020 The County of Otero and City of Alamogordo are proud to announce a unique opportunity for all of our county residents! Starting June 9, 2020, the Otero County Complete Count Committee is challenging YOU to get Otero County counted! Help increase Otero County’s total Census response rate by getting […]
For Immediate ReleaseJune 3, 2020Contact: Stacy JohnstonActing Public Information Officer505.250.3926 Virtual Town Hall – Resources for Reopening New Mexico Businesses(Albuquerque, NM) – The New Mexico Departments of Economic Development, Workforce Solutions, and Environment, as well as the New Mexico Small Business Development Center have partnered to offer a series of Virtual Discussions for New Mexico Employers. […]
State LEDA Investments Boost Rural Communities
FOR IMMEDIATE RELEASE: Contact: Bruce Krasnow Bruce.Krasnow@state.nm.us (505) 827-0226, cell: (505) 795-0119 June 4, 2020 SANTA FE, N.M. – The New Mexico Economic Development Department has worked quickly in the past year to help rural communities across the state bring new life to some vacant properties through a series of Local Economic Development Act (LEDA) fund […]
Governor announces limited reopening for dine-in restaurants, indoor malls, gyms, salons and more
Thursday, May 28, 2020 This article was first published by the Office of Governor Michelle Lujan Grisham SANTA FE – New Mexico’s emergency public health order will be extended and amended to permit indoor dining, hair salons, gyms and indoor shopping malls to reopen next week on a limited basis and in accordance with required […]
Economic Recovery after COVID-19
On Wednesday, May 13, Governor Michelle Lujan Grisham announced updates to the Public Health Order. Below are some of the key takeaways:What will change come Saturday, May 16: All retailers may operate according to COVID-Safe Practices (“CSPs”) at 25 percent fire code occupancy (a “retailer” is any business that sells goods directly to the ultimate […]
NM Economic Development Department Ramps Up Public Outreach: Agency Provides Ongoing Webinars to help Businesses and Communities
SANTA FE, N.M. – The New Mexico Economic Development Department is announcing 10 additional webinars to help business owners and community developers maximize their online footprint and to navigate federal and state economic emergency assistance. “Small businesses in New Mexico are hurting, as they are everywhere during this unprecedented health crisis. As a state, we must […]