NM Finance Authority provides small business grants through CARES Act

SANTA FE – The grant application for Small Business CARES Relief Grants for New Mexico…

SANTA FE – The grant application for Small Business CARES Relief Grants for New Mexico businesses was open at noon today, Monday, December 7, and will close at noon on Friday, December 18. The grant application will be available at www.nmfinance.com.

Information on the guidelines, eligibility requirements, required documents, and the application process is available at www.nmfinance.com. Eligible businesses of 100 or fewer employees include for-profit businesses that are at least 51{a25bda0f8ab6dac90e68079d6f038584ef6ac53f1f4621de3ad526e35cd6c0d6} owned by New Mexico residents, and nonprofit organizations designated as a 501(c)(3), 501(C)(6) or 501(c)(8) entity, or a 501(c) that serves members of the U.S. Armed Forces.

Applications will be reviewed in three funding rounds. If applications exceed available funds in a round, the applications will be prioritized based on the severity of economic impact experienced by the business.