We are helping families and businesses reach their economic potential and build better lives.
We advance our mission by supporting companies through advisory services, targeted coaching, and support for startups, and by providing high-caliber governance through board oversight. Our decades of on-the-ground experience in what the poor need and insights into new technologies set us apart.
FatPipe is headed up by a team of business leaders who know the community and know how to bring people together to make things happen – for startups and existing businesses alike.
Finance New Mexico
Venture Acceleration Fund
The Venture Acceleration Fund (VAF) makes investments in early-stage and growth-stage businesses. Established in 2006 as a grant program by Los Alamos National Laboratory LANL), VAF changed in 2014 to include funding payback that is triggered by defined conditions. Under the new protocol, VAF is structured as an interest-free loan, with repayment only if a company is acquired, achieves certain revenue goals or leaves New Mexico within a specified time frame. Payback trigger ensures funds are available to assist additional eligible companies in the future. Read the full terms here: vafnm.org/terms. Companies located in these northern New Mexico counties are eligible: Los Alamos, Santa Fe, Sandoval, Rio Arriba, Taos, San Miguel and Mora.
While VAF is largely funded by Los Alamos National Laboratory and other economic development organizations, which contribute to the total amount available. For example, in 2015, LANL contributed $83,000, New Mexico Manufacturing Extension Partnership (NM MEP) contributed $25,000, Santa Fe County contributed $20,000, and Los Alamos County contributed $16,000 to the $144,000 total fund.
Job Training Incentive Program
New Mexico has one of the most generous training incentive programs in the country. The Job Training Incentive Program (JTIP) funds classroom and on-the-job training for newly-created jobs in expanding or relocating businesses for up to 6 months. The program reimburses 50-75% of employee wages. Custom training at a New Mexico public educational institution may also be reimbursed.
Who Qualifies: Eligibility for JTIP funds depends on the company’s business, the role of the newly-created jobs in that business, and the trainees themselves. Please read through the eligibility guidelines (see Policy and Procedures below) and then fill out the Eligibility Questionnaire to begin the JTIP application process. A member of JTIP staff will contact you to determine your company’s eligibility and discuss the program in detail.
CONTACT: Patrick Gannon, JTIP Program Manager, (505) 827-2162, Patrick.Gannon@state.nm.us, FY20 Policy/Procedures Manual
The mission of the New Mexico Economic Development Department is to Improve the lives of New Mexico families by increasing economic opportunities and providing a place for businesses to thrive.
Our programs and initiatives support our mission. The New Mexico Partnership is a statutorily-created public-private organization under contract to the department to market the state globally in order to attract new jobs and investment. Department programs provide direct assistance to New Mexico businesses and communities. Programs and services for businesses can be found in the Business Resource Center. EDD also administers several programs that support Community Development.
The State of New Mexico’s fiscal year begins on July 1 and ends on June 30th of each year. During the summer months each state agency compiles a strategic plan of program initiatives, an accompanying budget, and a set of performance metrics that reflect the key work of each of our programs. These documents are submitted to both the executive and legislative branches on September 1. At the end of each fiscal year we report our progress in an annual report. EDD strategic plans, and quarterly and annual reports can be found on our Publications page.
Economic Development Department
Joseph M. Montoya Building
1100 S. St. Francis Drive
Santa Fe, NM 87505-4147
The RDC is a regional economic development organization for Northern New Mexico, focused on creating a diverse and sustainable economy. Our principal service areas are Los Alamos, Rio Arriba, Santa Fe, Taos, San Miguel, Mora and Sandoval counties.
The RDC works collaboratively to create new jobs in the region by strengthening services to businesses and developing the infrastructure, public policy and workforce to support job growth.
SCORE: Business Success Starts Here.
SCORE is the nation’s largest network of volunteer, expert business mentors, with more than 10,000 volunteers in 300 chapters.
SCORE offers live and recorded webinars as well as in-person events at more than 300 chapters.
See what’s available, and sign up today!
Herndon, VA 20170
The SBDC at UNM Taos provides entrepreneurs with professional business consulting at no cost, low cost business training, and vital information they need to start, grow, and succeed in a complex and competitive and global environment. We are a full-service office located in downtown Taos, serving emerging and existing businesses in Taos County.
The New Mexico Small Business Development Center (NMSBDC) Network was established in 1989 through a partnership with the US Small Business Administration, the State of New Mexico, the New Mexico Association of Community Colleges, and the New Mexico Association of Independent Community Colleges. The NMSBDC Network State Office is located on Santa Fe Community College campus. The program provides confidential, no-cost business consulting and low-cost business training to entrepreneurs and small businesses throughout the state. Strategically located in 24 communities, we serve all 33 New Mexico counties. NMSBDC consultants have countless years of combined management and ownership expertise and have helped to create more than 35,000 jobs in the state since its inception. Entrepreneurs have access to subject matter experts to help them start, expand and be profitable.
115 Civic Plaza Drive
Taos, NM 87571
Taos County Chamber of Commerce MEMBERS Make Business Better!The Taos County Chamber of Commerce exists to cultivate and sustain a healthy business environment.
1139 Paseo del Pueblo, NM 87571
The Taos Education & Career Center (TECC) considers education to be a basic human right throughout the lifespan of a human being. We work with adults and youth, at least 16 years of age, to improve their academic skills in order to:
* Discover and prepare for a career that is meaningful and financially supportive.
*Obtain a High School Equivalency (GED® or HiSET) and prepare for the college entrance exam (ACT Compass®) via College and Career Readiness Classes (CCRS).
*Communicate fluently in English.
*Develop skills to succeed in the workplace, such as technology, workplace communications, and leadership skills.
*Gain Life Skills to be successful and healthy at school, work, and home.
These academic programs are free of charge. Classes are offered during the days and evening or via our Distance Education Program. We also have a computer lab for independent work and the help of volunteer tutors to provide one-on-one instruction.
Camino Rael Hall
115 Civic Plaza Drive
Taos, NM 87571
The goal of TEN is grass roots economic development through Network Facilitation, use of volunteer time – neighbor helping neighbor and effective use of readily available resources. The activities to achieve these goals are:
*Awareness. This outreach component is aimed at promoting awareness of entrepreneurship throughout the community in an effort to enhance our entrepreneurial culture, generate client inquiries, and recruit volunteers.
*One-on-one client orientation and coaching. The orientation and coaching component is aimed at listening to and assessing the client’s business, strategy, and goals; identifying strategic needs; orienting the client to available services; networking them with the most relevant assistance; and providing on-going coaching to the client.
*Social Capital. The networking component is the core element of the model, upon which effectiveness, results and sustainability are dependent. The networking element involves establishing a network of regional advisors from a variety of industries and professions, who can lend their knowledge and experience to the challenges faced by the entrepreneur.
The Downtown Taos MainStreet project (DTMS) is an independent, local nonprofit, committed to facilitating a shared vision for our downtown by encouraging economic vitality and celebrating Taos’ cultural and historical assets. After a year of working through a rigorous state accelerator program, DTMS obtained its full MainStreet designation from the state and federal programs.
Taos MainStreet is Reimagining Downtown as a place reflecting our rich, authentic culture and creativity which is: served by streets, sidewalks, and paths that promote walkability and access; hosting diverse, thriving businesses that expand opportunity; full of appealing public spaces and events that bring the community together; with affordable, attractive housing and business spaces; and reestablished as the economic and cultural heart of the community. Goals of Taos MainStreet include:
*Promote prudent economic development
*Preserve local characteristics and values
*Support entrepreneurs and creatives
*Foster a healthy community
Taos, NM 87571
The Northern Area Local Workforce Development Board (NALWDB) was incorporated in 2001 as a nonprofit 501(c)(3) to operate as the Administrative Entity (AE) for workforce funds in the ten (10) northern New Mexico counties: Cibola, Colfax, Los Alamos, McKinley, Mora, Rio Arriba, San Juan, San Miguel, Santa Fe, and Taos. The Northern Area serves approximately 27.6 percent of New Mexico’s total population.
Mailing Address: 1000 Cordova Place PMB 810
Santa Fe, NM 87505
Our mission is to support Taoseños and Northern New Mexicans to access high wage, vibrant careers in our rural community. Taos HIVE is a co-working office and small business support center with onsite UNM-Taos classes. Taos HIVE offers an individualized learning journey for those interested in gaining a job and working online and/or opening a small business. We offer workforce training, credentialing, access to resources, and shared professional development.
Taos HIVE is a community-wide, cross-class movement for career training and job creation that is committed to socially responsible development, wealth equality, and opportunity and access for all. HIVE is a public-private partnership between UNM-Taos, Kit Carson Electric Cooperative, Taos Community Foundation, Northern Area Local Workforce Development Board (WIOA), and the Town of Taos. Together we are addressing economic & workforce development in our community which supports our rich heritage and community values.
Taos HIVE brings people from all walks of life together with a shared mission to succeed locally in today’s global market. Are you interested in finding a career where you can work from home or from our co-working office space? Computer Techs, Editors, Managers, Graphic Designers and all kinds of careers can now be done online. Did you ever dream of opening a small business? Or, do you have a small business and need an extra hand to help it succeed or take it to the next level? Need help with Digital Literacy? Or, need to brush up on your basic reading, writing, and math skills while gaining the credentials to find a job? HIVE is open to all levels and will support you every step of the way.
*Small Business Support- Also serving as an entrepreneurial innovation hub, HIVE provides a comprehensive network and menu of supportive services to support those looking to start or expand their small business.
*Coworking space – Our co-working space is for everyone: people just starting out, independent consultants, established small business owners – if you need desk space or a conference room, you’re welcome here!
*Gain credentials and certifications – UNM-Taos offers onsite college classrooms where you can gain your high school equivalency and college credentials that support you to thrive in an online or small business career.
*Wrap-Around Services – Our onsite supportive services office provides a safe place for coaching and advising, as well as access to resources. HIVE offers shared professional development for all clients, students, and staff.
WESST is a home for entrepreneurs, founded 30 years ago by women for women. As a non-profit, we offer consulting, training, and lending to anyone with the passion to start or grow a business. Our committed team nurtures thousands of clients each year to help them build strong and sustainable businesses that support their families and communities throughout New Mexico.Roseanna Perea @ email@example.com