Resources for Local Businesses

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Technical Assistance

Sandia National Laboratories (Regional Small Business Partnering)

Sandia provides technical and business assistance services to New Mexico’s small businesses (generally defined as any with 500 employees or fewer). Small businesses can qualify for research hours valued up to $20,000 in rural counties or $10,000 in Bernalillo County. Click here to view the Sandia National Laboratories website.
New Mexico Manufacturing Extension Program (MEP)

New Mexico MEP is part of a national network that provides technical and business resources to manufacturers who are prepared to expand their capabilities and increase profitability. New Mexico MEP has an experienced technical staff with more than 250 years combined experience in areas that include: Lean Manufacturing, Quality Systems, Supply Chain Management, Business Planning, and Technical Standards. New Mexico MEP delivers comprehensive solutions to help strengthen the company’s local and global competitiveness. The program is affiliated with the National Institute of Standards and Technology (NIST). Click here to view the New Mexico Manufacturing Extension Program website.
WESST

WESST Corp provides business skills training, product marketing/development opportunities and financial assistance to viable start-up and existing businesses throughout New Mexico. Financial assistance is provided through a micro-loan fund. I addition, WESST Corp is an SBA approved intermediary with staff qualified to aid clients in obtaining SBA or other loans. Through training programs that include classes and individual consulting, they help entrepreneurs make informed decisions, set realistic goals, create business and marketing plans and apply for loans. Click here to view the WESST website.
Quality New Mexico

Quality New Mexico has the tools to equip New Mexico businesses/ organizations to successfully accomplish their mission and achieve their vision. Quality NM is a not-for-profit service organization fostering and promoting performance excellence to all New Mexico businesses and organizations. Click here to view the Quality New Mexico website.

State & Local Government

City of Albuquerque Economic Development Department
The City’s Economic Development Department is the point of contact for assistance in obtaining Industrial Revenue Bonds and obtaining help from other city departments. Click here to view the City of Albuquerque Economic Development Department website.
New Mexico Economic Development Department
The state's Economic Development Department assists with business recruitment and technical assistance, statewide research and statistic development, redevelopment and revitalization assistance, international trade and small business resources. Click here to view the New Mexico Economic Development Department website.
Bernalillo County Economic Development Department

The county government agency assists the business community in locating and expanding to Bernalillo County. Click here to view the Bernalillo County Economic Development Department website.

Financing/Taxes

Enchantment Land Certified Development Company (ELCDC)
The ELDC administers the SBA-504 loan program in New Mexico. Loans can be obtained for land, buildings and equipment. Simply put, the small business puts up a minimum of 10 percent, the SBA provides up to 40 percent at a fixed rate, and your bank provides the remaining 50 percent. Your bank becomes the first lien holder. Click here to view the Enchantment Land Certified Development Company website.
Capital Certified Development (Capital CDC)
Capital Certified Development Corporation (Capital CDC) is a leading private, non-profit provider of business financing solutions throughout New Mexico.Click here to view the Capital Certified Development website.
ACCION - New Mexico

ACCION provides access to business credit and training for entrepreneurs and is known for “micro-lending.” The organization provides loans from $500 to $50,000 in many New Mexico communities and recently began a significant expansion with $2.5 million provided by the New Mexico Small Business Investment Corporation, a state-chartered entity charged with filling capital gaps for business in New Mexico. Click here to view the ACCION-New Mexico website.
The Loan Fund

Formed in 1989, the New Mexico Community Development Loan Fund is a private, tax-exempt organization that provides loans, training and business consulting to entrepreneurs, business owners and non-profit organizations throughout the state and the entire Navajo Nation. Their services support the efforts of low-income individuals and their communities to achieve self-reliance and control over their economic destinies. Click here to view The Loan Fund website.

Training/Education

University of New Mexico Manufacturing Engineering Masters Program

Students enrolled in this program are required to complete project work and summer internships at manufacturing companies. Students can assist you on such projects as plant layouts, process flow, studies, constraint analysis, and design for assembly — in short, any work performed by manufacturing engineers. Click here to view the University of New Mexico Manufacturing Engineering Masters Program website.
Central New Mexico Community College (CNM)

CNM offers excellent educational programs to prepare students for entering the workforce and for advanced and continuing education.CNM works with the business community to put together customized training courses for employers. Click here to view the Central New Mexico Community College website.
CNM Workforce Training Center (WTC)

The WTC provides innovative, customized training at their location or company location and job training courses designed for professional development and skills upgrade. Click here to visit the Workforce Training Center website.

Other Partners

Sandia Science & Technology Park (SSTP)

The Sandia Science & Technology Park is a 300+ acre internationally recognized technology community affiliated with Sandia National Laboratories (SNL) and adjacent to Kirtland Air Force Base (KAFB). Resident companies and organizations have easy access to world-class facilities, technologies, scientists, and engineers. Currently 33 companies and organizations and more than 2,000 employees reside at the Sandia Science & Technology Park.Click here to view the Sandia Science & Technology Park website.
PNM Economic Development Department

PNM's Economic Development Department can provide businesses with detailed electricity cost estimates based on projected usage and site-specific power system designs to meet customer load and reliability requirements. In addition, they can provide assistance in addressing power-quality issues, assistance qualifying for best available rates and help with regulatory compliance and environmental permitting.Click here to view the PNM Economic Development Department website.
Procurement Technical Assistance Program (PTAP)
Administered by the Department of Defense Logistics Agency,PTAP provides government procurement assistance to small businesses.PTAP's business advisors are experienced in government contracting and offer a wide range of services, including individual counseling and training to enable businesses to successfully compete for government contracts. Click here to visit the New Mexico PTAP website.
New Mexico Workforce Connection - Workforce Innovation & Opportunity Act (WIOA)

WIOA was enacted with the intent to insure that all Americans have the training they need to qualify for good jobs and to successfully manage their careers.WIOA can assist employers with their training needs though customized and on-the-job training. Click here to view the New Mexico Workforce Connection - Workforce Investment Act website.

Our Business is You

Resources for Existing Businesses

AED's Existing Business Development Team

Technical Assistance

State & Local Government

Financing/Taxes

Training/Education

Other Partners