The Small Business CARES Relief Grant Program was created by the New Mexico State Legislature in the November 2020 Special Session to provide $100 million in grant funding to New Mexico small businesses that are experiencing financial hardship due to the pandemic. Small Business CARES Relief Grants are available to New Mexico for-profit businesses and nonprofit organizations with 100 or fewer employees. According to the New Mexico Finance Authority, 40% of the funds have been set aside for businesses in rural areas.
The application window will open the week of December 7 and will close at noon on Friday, December 18. To review the eligibility requirements, application details, and program overview, please click here.
Over the next several days, business associations and government agencies will be hosting informational webinars to provide several opportunities to learn and ask questions about the program. Please see the list of four opportunities below.
New Mexico Tourism Department
The New Mexico Tourism Department and the New Mexico Finance Authority will be hosting a webinar to review the application process and criteria for the Small Business CARES Relief Grants program.
Date: Friday, December 4
Time: 2:00 p.m.
Venue: Webinar
Target Audience: Hospitality & Tourism Industry
New Mexico Hospitality Association
The New Mexico Hospitality Association is hosting a Q&A session with the New Mexico Finance Authority to discuss the new CARES Continuity Grant program.
Date: Monday, December 7
Time: 3:00 p.m.
Venue: Webinar
Target Audience: Hospitality & Tourism Industry