The Regional Development Corporation is pleased to announce the Micro-Grant Fund to provide a small infusion of capital to help businesses diversify, sustain or grow revenue, leverage other investments, and put systems in place that lead to growth and create job opportunities.
Donor Name: Regional Development Corporation
State: New Mexico
Counties: Selected Counties
Type of Grant: Grant
Deadline: 05/12/2023
Size of the Grant: $500- $3,000
Details:
The RDC provides technical support and information on other funding opportunities to all applicants, regardless of whether or not they are awarded funding.
The goal is to sustain and assist developing businesses in Northern New Mexico with job creation and diversifying the region’s economy.
Funding Information
$500- $3,000.
Eligibility Criteria
- For-profit business of any type, size, or stage
- Headquartered in either Los Alamos, Mora, Rio Arriba, San Miguel, Sandoval, Santa Fe, or Taos County
- Business license, CRS#, and a business-only bank account
- In business at least 6 months or more from the opening date of the application process
- Preference given to businesses located in rural areas and those not previously awarded
Requirements
- Each proposal must detail critical purchases that will advance the commercial progress of the company
- Grant funds can be used to purchase:
- Needed business equipment(computers, printers, manufacturing equipment, construction equipment, restaurant equipment, point of sale (POS) system, etc)
- Consulting services(legal services, e-commerce site development, training, CAD design, equipment installation, etc)
- Specialized software (must be purchased outright, subscription service not eligible)
- Submit an application by the May 12th deadline.
- If awarded, have the ability to pay for funded purchases and submit paid invoices for reimbursement.
- Complete purchases within 6 months of signed award agreement.
For more information, visit Micro-Grant Fund.