We dug through every city, state, and federal program so you don't have to. If it helps Albuquerque business owners, it's here.
Free one-on-one mentoring from experienced business owners. They also run workshops on everything from business plans to marketing. Completely free, completely confidential. Call (505) 248-8232 to get matched with a mentor.
No-cost business consulting and low-cost training through CNM. They help with startup planning, marketing, business plans, and funding options. Serves Bernalillo and Sandoval counties.
The city's central point of entry for entrepreneurs. They'll help you navigate permitting, licensing, procurement, and connect you to the right people. Business Advisor Ken Jackson: (505) 520-5400.
Your library card gets you free access to business databases, market research tools, and startup guides. They also host workshops and have a dedicated business librarian. Seriously underrated.
One-time grants for startups in Albuquerque city limits with 50 or fewer employees. Competitive — they get a lot of applicants — but $10K with no strings attached is worth the effort.
State-funded grants between $25,000 and $50,000 for businesses doing research and development of new products or technology in New Mexico.
The federal Small Business Administration covers all 33 NM counties from their Albuquerque office at 500 Gold Ave SW. Loan programs, disaster relief, and grant opportunities. Start here if you're not sure where to start.
Connects entrepreneurs to funding resources across the state. They help you figure out what you qualify for and get your application ready — whether it's a loan, equity investment, or grant.
Grants and opportunities for businesses in designated MainStreet districts. If your business is in a historic or revitalization area, check here first.
A refundable credit equal to 8.5% of wages and benefits for each new job you create and keep for 44 weeks. Positions need to pay at least $60K/year in ABQ. Credit can be claimed for 4 years — up to $12,750 per job, per year.
Up to $1,000 credit for each new job you create. Simpler and more accessible than the high-wage version — good for businesses that are growing but not yet at the $60K salary tier.
5% credit on qualified research expenditures (10% if you're in a rural area). Covers payroll, equipment, software, consultants, and more — as long as the work happens in New Mexico.
Encourages individuals to invest in NM startups by giving them a tax credit on their qualified investment. If you're raising money, this makes your pitch to local investors a lot stronger.
5.125% credit on the value of qualified equipment. For every $750K of equipment, you add 1 employee. If you're buying machinery, tools, or production equipment in NM, this one's for you.
The city's economic development arm. They run programs, connect businesses to incentives, and are a good first call if you're thinking about expanding or relocating within Albuquerque.
Business training, consulting, and microloans — especially for women, minorities, veterans, and people with low income. They've been doing this across New Mexico for over 30 years.
A nonprofit that provides loans, training, and business consulting to entrepreneurs across the state. They specialize in working with business owners who might not qualify for traditional bank loans.
We want this to be the most useful list in Albuquerque. If you know about a grant, program, or organization that should be here, tell us.
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