New $100 million Grant Program for NM Small Businesses to Open Dec. 7, 2020
Important information for Ruidoso small business owners.
The New Mexico state legislature approved $100 Million in CARES Act money to go to small businesses with priority given to the hospitality and leisure businesses. These small business grants will go to New Mexico businesses with fewer than 100 employees and will not exceed $50,000. The grants will be administered through the NM Finance Authority.
You can sign up to receive information about the program here:
There will also be three opportunities to learn about the program in the next few days:
NMRA Event
NMRA Facebook live broadcast on Thursday, December 3 at 10:00 AM.
Economic Development Department Webinar (registration required) on Thursday, December 3 at 12:30PM.
New Mexico Hospitality Association Meeting with NMFA Officials on Monday, December 7 at 3:00 PM.
If you have other questions about the grant fund, please email cares@nmfa.net.
