National Small Business Week – Virtual Summit, Sept. 13-15, 2021
National Small Business Week is almost here! Last week, the SBA announced the event schedule. There is still time to register for the National Small Business Week Virtual Summit, September 13 – September 15, to learn new business strategies, meet other business owners, and chat with industry experts. This free online event will include educational webinars, updates on […]
Ultra Health Closes on 225,000 Square Foot Facility, 100-Acre Parcel in Southern NM
(Alamogordo) – Ultra Health, New Mexico’s #1 Cannabis Company with a nationwide presence, has closed on the nation’s largest comprehensive cannabis production and manufacturing campus in the nation. The purchase includes a 225,000 square foot production facility as well as 95 acres of surrounding land.The recently-renovated facility, a former commercial bakery, boasts ample space for […]
COVID-19 related federal unemployment programs are set to expire on Sept. 4, 2021
As a reminder, the following COVID-19 related federal unemployment programs are set to expire on Sept. 4, 2021:Federal Pandemic Unemployment Compensation (FPUC)Pandemic Unemployment Assistance (PUA)Pandemic Emergency Unemployment Compensation (PEUC) and PEUC-AMixed Earner Unemployment Compensation (MEUC)How can employers prepare?Through Ready NM, a cross-agency partnership between the Higher Education Department, Department of Workforce Solutions, and New Mexico […]
Industrial bakery space gets new life as cannabis facility
ALAMOGORDO – Hidden down a country road on the outskirts of Alamogordo is a massive building that could eventually supply nearly half of the cannabis needed to support the state’s soon-to-launch recreational industry. Earlier this summer, Ultra Health, already the state’s largest cannabis producer, purchased a massive 225,000-square-foot industrial space in Alamogordo for around $4 […]
SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portal
Contact U.S. Small Business Administration at Press_Office@sba.govWASHINGTON – The U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA. “The SBA’s new streamlined application portal will simplify forgiveness for millions of our smallest businesses — including many […]
NEW MEXICO: The Ideal Manufacturing Location for the Outdoor Industry
As presented by the New Mexico Partnership, 8/4/21 New Mexico is the ideal world-class setting in which to start, grow, or expand your outdoor recreation business. It provides an innovative top-quality workforce with expertise in everything from cutting edge science and engineering, to materials sciences, product design, logistics, and a host of other skills. It’s […]
New Mexico is the 3rd State to Reach Space After Successful Virgin Galactic Launch
As posted by NM PartnershipBY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITERJuly 11th, 2021 – New Mexico took center stage Sunday when Sir Richard Branson made history with his successful flight from Spaceport America to the edge of space aboard his own passenger rocket ship.Virgin Galactic’s VSS Unity took off from the spaceport about 8:40 a.m. attached to […]
N.M. to lift pandemic restrictions Thursday
SANTA FE – Having met Gov. Michelle Lujan Grisham’s goal of 60 percent of eligible residents completing their COVID-19 vaccination series, the state of New Mexico on Thursday will enjoy the removal of remaining pandemic occupancy restrictions on commercial and day-to-day activities, including the color-coded county-by-county system.Sixty-two percent of eligible New Mexicans have completed their […]
2021 Economic Reports Released for the State and 33 Counties
FOR IMMEDIATE RELEASE:Contact: Bruce KrasnowBruce.Krasnow@state.nm.us505- 795-0119June 7, 20212021 Economic Reports Released for the State and 33 CountiesSANTA FE, N.M. – Today the Economic Development Department released the latest of its quarterly economic reports for the State of New Mexico and all 33 counties. The May 2021 reports include data through the third quarter of fiscal […]
SBA Educational Webinar Series: Getting Back on Track-Help is Here
As posted by SBA, June 1, 2021 The U.S. Small Business Administration and Public Private Strategies Institute are hosting several webinars to help you get your business back on track. Hear about what steps you can take now to learn and take advantage of new and existing programs that are available at the SBA Get an update […]
REMINDER: LEDA Recovery Grants Program for New Mexico Businesses is June 15, 2021
The LEDA Recovery Grants were created by the State of New Mexico in the 2021 Legislative Session by House Bill 11 to provide $200 million in grant funding to New Mexico small businesses that are experiencing financial hardship due to the pandemic.Grant amounts of up to $100,000 are available.Unlike a loan, a grant does not need to be […]
Under the American Rescue Plan, employers are entitled to tax credits for providing paid leave to employees who take time off related to COVID-19 vaccinations
The American Rescue Plan Act of 2021 (ARP) allows small and midsize employers, and certain governmental employers, to claim refundable tax credits that reimburse them for the cost of providing paid sick and family leave to their employees due to COVID-19, including leave taken by employees to receive or recover from COVID-19 vaccinations. The ARP […]