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Monday, May 6, 2024

RIO RANCHO REGIONAL CHAMBER OF COMMERCE: New Mexico Finance Authority Grant

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Rio Rancho Regional Chamber of Commerce issued the following announcement on Dec. 4. 

This Grants starts on Monday December 7th and benefits businesses and non-profits with 0 to 100 employees.

Please review how to apply from the Chambers page with this link here.

 

To maximize your application amount please ensure the following plus what is in the deck:

  • Ensure you have all items listed in the deck to apply for funds.
  • You will not be able to save and continue later, it must be completed all at once
  • Incomplete applications will not be approved and you may not receive notification to update the application
  • Choose the month with the maximum amount of employees you had on payroll as long as it is less than 100.
  • If you have over 100 employees you need to find a month when you were below 100 to qualify
  • Know your NAICS code
  • Make sure you have a cancelled or voided check to attach
  • All documentation must be attached
  • If you have received grants from the city, county, PPP or even an EIDL loan you will still qualify
More Important Info:

  • Grants are awarded based on NUMBER OF EMPLOYEES and contract employees do not count toward that number. However, part-time employees do.
  • Grants are from $2k for solopreneurs up to $50k for those with large numbers of employees.
  • Begin working on the application immediately! 
If you have a question please email Jerry at Jerry@RRRCC.org or call 505-892-1533.

Original source can be found here.

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