New Mexico small business grantsThe cottage industry, ecommerce, agriculture, technology, human services and education are the prime areas in which New Mexico entrepreneurs are spotting opportunities. Government and private funding programs are available for covering startup costs when enterprises are about to start developing. You can be less worried about turning into a defaulter when the grant is given to you on the usual conditions. The licensing of your firm may not be an issue, but whoever provides a grant, does so with a certain element of vision. Small business grants in New Mexico come from top educational institutions, the local government and a gamut of private companies.

New Mexico rules for using grants

If you decide to take small business grants in New Mexico, you will have the option to choose between private corporations and governmental departments. While the government state grants have similar rules of compliance, patents and methods, private grants come in a range of expectations from the financer. However, the rules depend on contracts, which may exist as part, or outside the grant writing. Such deals are usually made between the business owner and the grant maker outside the purview of the courts. For grants from private financers, the rules are usually wide-ranging.

Small business grants in New Mexico are a new trend in a federal effort to revive the market. Some sectors are benefiting, as adequately qualified professionals are clinching the programs. You can also try, as no specific educational qualification is required, especially if you have a good business plan. Besides, running a business comes with overheads and that makes grants a great boon for the rookie in the market. Proposals must carry proof of your expertise, and the minimum level of detail required by the grant maker. So prepare yourself for a grant program, so that you might sail through a tough market.

Brief summary of the major grants in New Mexico

Cooperative Ecosystem Studies Unit, Gulf Coast CESU

Department of interior logoDate for applicants: Jun 25, 2012 – Jul 06, 2012
Estimated Total Program Funding: $137,028
Expected Number of Awards: 1
Category of Funding Activity: Science and Technology and other Research
Agency Name: Geological Survey
Contact Person: Faith Graves 703-648-7356

Cooperative Research Program

Department of CommerceDate for applicants: Jun 25, 2012 – Aug 24, 2012
Estimated Total Program Funding: $2,000,000
Expected Number of Awards: 8
Award Ceiling: $300,000
Category of Funding Activity: Science and Technology and other Research
Agency Name: Department of Commerce
Contact Person: Michele Pollard

Development of an Academic Certificate Program in Nuclear Security

Department of StateDate for applicants: Jun 23, 2012 – Jul 23, 2012
Award Ceiling: $200,000
Award Floor: $125,000
Category of Funding Activity: Education
Agency Name: Bureau of International Security and Nonproliferat
Contact Person: Contact Center 1-800-518-4726

Support of Competitive Research (SCORE) Pilot Project Award (SC2)

health logoDate for applicants: Feb 25, 2011 – Sep 07, 2012
Award Ceiling: $100,000
Award Floor: $125,000
Category of Funding Activity: Health
Agency Name: National Institutes of Health
Contact Person: NIH OER Webmaster FBOWebmaster@OD.NIH.GOV

Science of Learning Centers

NSF LogoDate for applicants: Feb 17, 2012 – Aug 06, 2012
Estimated Total Program Funding: $3,000,000
Award Ceiling: $250,000
Expected Number of Awards: 15
Category of Funding Activity: Science and Technology and other Research
Agency Name: National Science Foundation
Contact Person: NSF

How does one get a grant for starting a business?

New Mexico is a place where certain strategies of developing a business are sure to work. If you are interested in an independent source of income, starting a business by collaborating with different organizations will be a great move. NMWF (New Mexico Women’s Foundation) is one of the most lucrative associations you can have as an entrepreneur in handicraft, textile and other cottage industry products. You can also approach governmental state grant programs such as SBIR and SBTT for improving infrastructure with the granted money.

How to know about grant programs

SBIR and SBTT programs are available from various departments of the federal and local governments. These are meant for businesses to improve their organizational features, such as the use of AMS, CRM, ERP and other solutions. While you could feel restricted in a government project, you will also have enough scope of taking the business in a groundbreaking direction once it gains steam. Private grant programs for small businesses are also available from corporations. In order to stay updated, you should engage in browsing the news and do some social networking, as grant programs are often advertised by large companies in New Mexico.

More proposals for your business

Small Business Development Center
2345 Nevada Avenue, Las Cruces, NM
(575) 527-7676 ‎ ·

Law for Small Business
9510 Glendale Avenue Northeast, Albuquerque, NM
(505) 715-5700 ‎ ·

Starting A Small Business
221 South Canyon Street, Carlsbad, NM
(575) 885-9531 ‎ ·

Small Business for Success
6401 S Richards Ave, Santa Fe, NM
(505) 428-1343 ‎ ·

Small Business Enterprise Center

709 Mechem Drive, Ruidoso, NM
(575) 937-9593 ‎ ·