Dear DATA Community,
We at DATA are particularly aware that pandemic response has impacted everyone in our immediate and broader communities. We are encouraged that there is help available if you or someone you know has been impacted in some way by the pandemic. I am passing along an announcement of an opportunity for businesses affected to receive grant assistance.
We will always pass on relief efforts as we learn of resources and services that might help any in our community during this challenging time. Our school counselors are tied into the local network of resources, if you or a loved one need help and don’t know where to turn, please feel free to call the school and we might be able to connect your with the right resource.
While this grant increases by the number of employees in your business, it is available to those who own a business, even if you are the sole proprietor.
CARES Relief Grants through
NM Finance Authority
**Application open: December 7th-10th**
Application due: by noon on December 10, 15 or 18, 2020
NM Finance Authority Webinar https://www.youtube.com/watch?v=CGu-4U-iC-s&t=147s
What are Small Business CARES Relief Grants?
The Small Business CARES Relief Grants were created by the State of New Mexico 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.
What is a grant? A grant is money given for a specific purpose without any obligation to repay the funding. In this case, grants will be given to help New Mexico businesses weather the economic hardship due to the pandemic. This grant does not need to be paid back.
Small Business CARES Relief Grants are available to New Mexico for-profit businesses and nonprofit organizations with 100 or fewer employees that meet one of the following requirements:
1. Sole proprietorship owned by a New Mexico resident, or
2. Corporations, partnerships, joint ventures, limited liability companies or limited partnerships that are at least 51% owned by one or more New Mexico residents, or
3. Nonprofit corporation designated as a 501(c)(3), 501(C)(6) or 501(c)(8) entity, or a 501(c) organization that serves past or present members of the Armed Forces of the United States.
Note: The application should take about 10-15 minutes to fill out, but applicants should have all relevant documents they need to fill it out, as the application must be completed in one sitting