Regional Development Corporation’s Micro-Grant Fund provides 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
County: Los Alamos County (NM), Mora County (NM), Rio Arriba County (NM), San Miguel County (NM), Sandoval County (NM), Santa Fe County (NM), Taos County (NM)
Type of Grant: Grant
Deadline: 05/03/2024
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
The RDC provides technical support and information on other funding opportunities to all applicants, regardless of whether or not funding is received.
The goal is to sustain and assist developing businesses in Northern New Mexico with job creation and diversifying the region’s economy.
Funding Information
Up to $3,000.
Eligibility Criteria
- For-profit business of any type, size, or stage
- Headquartered in either Los Alamos, Mora, Rio Arriba, San Miguel, Northern 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 3rd 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 RDC.
