News & Announcements

March 16, 2021
Office of Economic Development Updates


City of Santa Fe Economic Development Newsletter March 2021

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City of Santa Fe Updates

COVID Orders Remain in Effect, With Fewer Restrictions

"Green" Designation Prompts Amendments to Mayor's COVID-19 Emergency Proclamation
In response to New Mexico Department of Health’s announcement that Santa Fe County is for the next two weeks qualified for the “Green” risk level designation, Mayor Alan Webber issued amendments to certain Orders in Emergency Proclamation VII-COVID-19
. More information.

March 10, 2021 COVID-19 UPDATE 

Safe. Open. Together #AllTogetherSantaFe #SantaFePromise. The New Mexico Department of Health (DOH) updated its numbers today, and Santa Fe County has earned the Green risk level rating. For more information. 
Support Local Businesses at Santa Fe Marketplace
The Santa Fe Chamber of Commerce and TOURISM Santa Fe have set up a new online retail website. It will allow anyone with access to the internet the opportunity to shop in Santa Fe from their home. Each participating retailer will have its own “storefront” and will control what is being offered and sold. There is no charge for participation. 
Platform / Benefits Prepare to Sell Online  Visit us
Las Estrellas at Santa Fe Estates Update Q & A
Watch the March 3, 2021 pre-proposal Q+A session for Las Estrellas at Santa Fe Estates with the City of Santa Fe’s asset development team. More information

For the latest news & announcements from City of Santa Fe visit here.

COVID Prevention

Five things we can all do to help:

1. Get tested: Order your free test and get it delivered to your home.
2. Register to get vaccinated.
3. Wear a mask.
4. Wash your hands and sanitize them often.
5. Practice physical distancing

Environment Department launches webform reporting tool for employers 

In an effort to continue to ensure New Mexico workplaces are safe, to help businesses safely stay open during the COVID-19 pandemic, and to make it easier, more efficient, and more accurate to report positive COVID-19 cases among employees, the New Mexico Envronment Dept. launched a new webform for employers. 
 Learn More

Small Business Grant Opportunities

Historic Small Restaurants Grant

The general public may suggest a restaurant for consideration or restaurant owners may apply. Grants of $40,000 and other support. For more information.
House Bill 11, delivering $200M to N.M. businesses
Gov. Michelle Lujan Grisham on Friday signed House Bill 11 into law, delivering $200 million in grants to support New Mexico businesses to ease the hiring or rehiring of employees.
The applications and payments for the grants provided for in House Bill 11will be managed by the New Mexico Finance Authority at
A formal announcement will be made when the application portal is open for HB 11 grants.

Science & Technology Business Start-Up Grants

Business Start-Up Grants can be used by potentially high-growth, for-profit companies in New Mexico, with fewer than 50 employees, in the science and technology fields.
Grant amounts are $10,000- $25,000 each. Awarded companies must agree to seek out additional funding and provide 6-month and 12-month status reports.
The submission deadline is Monday, March 29, 2021, by 5 pm MST
Learn more 
National Assoc. for the Self-Employed (NASE) Growth Grant
NASE members can receive up to $4,000 for their small business. Grants can be used for marketing, advertising, hiring employees, expanding facilities, and other specific business needs. Grant applications are reviewed quarterly.
Learn More
The Advanced Research Projects Agency-Energy Funds
The Advanced Research Projects Agency-Energy (ARPA-E) at the U.S. Department of Energy funds high-potential, high-impact energy technologies that are too early-stage for private sector investment. ARPA-E awardees are developing entirely new ways to generate, store, and use energy. Projects have the potential to radically improve economic prosperity, national security, and environmental wellbeing. They focus on transformational energy projects that can be meaningfully advanced with a small amount of funding over a defined period, typically two to four years. Deadline: April 6.
Learn More
Rural Economic Development Initiative (REDI)
The Rural Economic Development Innovation (REDI) initiative provides free technical assistance from five capacity-building organizations for up to two years to help rural towns and regions
create and implement economic development plans.
More information 
The Shuttered Venue Operator Grant
The Shuttered Venue Operators (SVO) Grant program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act. The program includes $15 billion in grants to shuttered venues, to be administered by the SBA’s Office of Disaster Assistance. Eligible applicants may qualify for SVO Grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees.
Learn more 

Updated Info For SVOG Shuttered Venue Grant

SBA posted the following Shuttered Venue Operators Grant (SVOG) informational documents on March 5. Tutorial on Eligibility for Museum Operators

SBA Loans & Small Business Guidance

Paycheck Protection Program
  • Discover equitable changes to PPP program.
  • Find lenders and first and second draw applications with SBA.
  • New guidance clarifying that legal U.S. residents without citizenship are eligible, as are business owners delinquent on student loans and those with non-fraud felony arrests or convictions.
  • For more information.
  • REMINDER! PPP Deadline is March 31! Get your applications in as soon as possible.
Go deeper: Small biz says PPP 2 isn't enough, more relief needed
SBA's PayCheck Protection Program Round Two Updates Webinar from NM Economic Development Department

Business  Expansion and
Maintenance E

Custom Marketing to Reach Your Ideal Clients Santa Fe SCORE Event
Learn how to use your company data to create a custom marketing strategy to reach your ideal clients and the basics for crafting timely, pertinent and targeted email campaigns. March 18 at 3 pm Register

Ask the Expert: One Hour of Q&A on Business Funding

Is access to capital for your small business keeping you up at night? If so, bring your business funding and alternative financing questions to this interactive Q&A style one-hour session, held March 23, 2021 from 12pm-1pm. SCORE finance and accounting experts will provide answers! Registration required. Fee: $7.99. Online via Zoom.
Register here 

Promote Your Business Online to the World for $5 WEBINAR

Getting the word out on the Internet has always been challenging. Between your website and social media, how do you know the most effective channel to reach the most people for the least amount of money? Facebook’s “Promoted Post” is one of the tools you ought to consider, especially at its starting price point: $5. In this webinar, Eric shows you how to create incredible amounts of engagement with customers and prospects using this method. And no, he is not getting paid by Facebook to talk about this. He uses these techniques himself and has seen amazing results. March 23, 2021, at 12:00 pm. 
Register Here 

LLC’s, DBA’S, Corporations and S-Corps? Which One Is the Best Structure for Your Business? WEBINAR

Oh great. Yet, another thing to think/worry about when it comes to your business, right? Not to worry, in this workshop, we will tackle the different types of business entities. You will learn and understand the potential risks or rewards resulting from the decision that comes with an entity selection for your business. March 25, 2021 12:00PM MDT
Register Here 

NM Angels will be joining with ActivateNM for Monthly Office Hours

Connect, learn about the organization, plug into Angel investing, get feedback on a venture, and network on entrepreneurial resources. Office hours are virtual and held the 3rd Friday of every month. For more information.

Trademarks & Trademark Searching in the USPTO Trademark Database WEBINAR

Come learn about trademarks, why they are important, what type of trademarks are registered and steps to help verify if your trademark idea can or should be registered. This presentation will expose you to trademarks and the process to verify if your trademark is unique. March 16th, 2021 at 9:00 am 
 Register Here 

Start Up Events

Basic Steps to Starting a Business in NM WEBINAR

Join Small Business Specialist, Christopher Garcia, as we learn how the Small Business Development Center can assist you, the 13 basic steps every person should know before starting a business, and important COVID Safe Practices. We will also cover industry and market research tools including IBIS World, Data Axle, COGS Traffic Counts interactive map, and Census Business Builder.  March 17th, 2021 at 11:00 AM (MDT)
Register Here

Click here for the full news letter

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