Resources for Businesses Impacted by COVID-19

The Office of the Governor, Economic Development Department, Workforce Solutions Department, and Tourism Department announced the launch of a clearinghouse to enhance communications and create a central entry-point for businesses to submit questions, challenges, and feedback through the Business Rapid Response online submission form.

 

Click here to submit a question. 

Links to NM Programs and Resources

  • Taxation and Revenue Department

    • Tax Relief for COVID-19 Extension of Time to File New Mexico Taxes (click here for more information)

    • Income Tax Extensions Will Not Trigger Interest Charges (click here for the bulletin)

  • The New Mexico Small Business Investment Corp. has committed up to $25 million to its lending partners to help New Mexico businesses impacted by COVID-19. Interested businesses should contact NMSBIC's lending partners.

  • New Mexico State Investment Council: approved the creation of a $100 million recovery fund to provide discounted, short-term loans to businesses during COVID-19, the Albuquerque Journal reported.

  • New Mexico Association of Grant Makers has compiled tips and resources for nonprofits on its website

  • All Together NM Fund: to help with the procurement of food, medical and cleaning supplies for at-risk communities, support for child-care workers supporting front-line employees, and grants to address income insecurity among smaller businesses and employees affected by COVID-19.

  • City of Rio Rancho Economic Rescue Programs and Tools Dashboard can be found here.

Other Programs and Resources

USA SBA COVID-19 Programs:

 

Coronavirus Aid, Relief, and Economic Security (CARES) Act.: Click here for more information.

Washington Federal: 5-year business lines of credit with 90 days interest free to business affected by COVID-19

Facebook: Small Business Grants program - offering $100M in cash grants and ad credits

BBVA USA: is providing COVID-19 assistance including offering fixed-rate small business loans of up to $50,000 with first payment not due until 90 days after opening and allowing consumers and small businesses to request refunds of overdraft fees, deferred and extension payments on existing consumer and small business loans and credit cards.

Promoting New Mexico's economic growth through focused advocacy of economic development issues, providing networking, professional development, education, and training opportunities for its members.

  • Facebook
  • Twitter

© 2020 by NM IDEA.
Proudly created with Wix.com