With more than $6,953.00 million dollars in grants and additional local government funding sources of $6,635.00 million dollars, the majority of the federal budget in government grants is put into the business sector every year as small businesses and large corporations are the foundation of the economic growth in New Mexico. There are 36,326 business establishments in the state of New Mexico, and they break down to the following:

New Mexico Business Sector Breakdown by Size:

  • 20,365 registered businesses in New Mexico have 0 to 4 employees. People who work at home with sole proprietorship are included in this breakdown.
  • 6,218 registered businesses in New Mexico have 5 to 9 employees.
  • 3,992 registered businesses in New Mexico have 10-19 employees.
  • 3,352 registered businesses in New Mexico have 20-99 employees.
  • 859 registered businesses in New Mexico have 100 to 499 employees.
  • Over 1,540 registered businesses in New Mexico have over 500 employees.

New Mexico Business Sector Breakdown in Service Industries:

  • 4,812 registered businesses in New Mexico are in the Professional, Scientific and Technical Services sector.
  • 1,992 registered businesses in New Mexico are in the Administrative, Support, Waste Management, and Remediation Services sector.
  • 4,060 registered businesses in New Mexico are in the Accommodation and Food Services sector.
  • More than 4,127 registered businesses in New Mexico are also service orientated businesses but are not categorized to the above sectors.

If you are in the farming industry, you may be eligible to apply for small business grants as well. There are more than 21,000 farms in the state of New Mexico.

Starting and managing a small business in New Mexico is not an easy task. Over $21,378,606,000.00 US dollars are paid to employee salaries/payroll alone in the state of New Mexico and more than 6,626 businesses declare bankruptcy every single year. Although the federal government does not publically provide grants for starting and expanding a business, in New Mexico, some small business grants are given to business owners to start and grow their ventures, and grant recipients do not have to pay back the funding from government. Therefore, it makes sense to look into small business grants as one of your sources to fund your business.

To apply for business grants in New Mexico, contact New Mexico financial aid agencies, or

Access Applicant Portal

Current online applicants in New Mexico are browsing from the following cities: Encino, Santo Domingo Pueblo, Maxwell, Texico, Mescalero, Las Cruces, Villanueva, Jemez Springs, Ruidoso, Watrous

Recent State Funding Opportunities

Below is a list of opportunities recently published in the local state:

Funding Opportunity
New Mexico Conservation Technical Assistance for Outreach and Education (apply)

Funding Number: USDA NRCS NM CTA 22 NOFO0001198
Agency: Department of Agriculture, Natural Resources Conservation Service
Category: Agriculture, Environment, Natural Resources
Funding Amount: $20,000
Announcement for Program Funding for NRCS’ Conservation Innovation Grants (CIG) for Federal fiscal year (FY) 2022 – New Mexico (apply)

Funding Number: USDA NRCS NM CIG 22 NOFO0001159
Agency: Department of Agriculture, Natural Resources Conservation Service
Category: Agriculture, Environment, Natural Resources
Funding Amount: $50,000
New Mexico Pretrial Implementation Project. (apply)

Funding Number: 21CS27
Agency: Department of Justice, National Institute of Corrections
Category: Other (see text field entitled Explanation of Other Category of Funding Activity for clarification)
Funding Amount: $85,000
OJJDP FY 2020 and 2021 Nonparticipating States: American Samoa (2020), Connecticut (2020 and 2021), Nebraska (2020 and 2021), New Mexico (2020), Texas (2020 and 2021), Wyoming (2020 and 2021), and Virgin Islands (2020) Solicitation (apply)

Funding Number: O OJJDP 2021 30002
Agency: Department of Justice, Office of Juvenile Justice Delinquency Prevention
Category: Law, Justice and Legal Services
Funding Amount: $3,500,000
New Mexico Conservation Technical Assistance for Outreach and Education (apply)

Funding Number: USDA NRCS NM CTA 21 NOFO0001078
Agency: Department of Agriculture, Natural Resources Conservation Service
Category: Agriculture, Environment, Natural Resources
Funding Amount: $20,000
New Mexico Conservation Technical Assistance for Outreach and Education (apply)

Funding Number: USDA NRCS NM CTA NOFO0001078
Agency: Department of Agriculture, Natural Resources Conservation Service
Category: Agriculture, Education, Environment, Natural Resources
Funding Amount: $20,000
New Mexico State Conservation Innovation Grants (apply)

Funding Number: USDA NRCS NM CIG 21 NOFO0001061
Agency: Department of Agriculture, Natural Resources Conservation Service
Category: Agriculture, Environment, Natural Resources
Funding Amount: $50,000
Head Start/Early Head Start Grantee -- Communities in the state of New Mexico (apply)

Funding Number: HHS 2021 ACF OHS CH R06 1880
Agency: Department of Health and Human Services, Administration for Children and Families - OHS
Category: Income Security and Social Services
Funding Amount: $20,324,147
An investigation of the Impact of the NPS to New Mexico's Outdoor Recreation Economy and Tourism Trends (apply)

Funding Number: P20AS00086
Agency: Department of the Interior, National Park Service
Category: Natural Resources
Funding Amount: $13,997
New Mexico Pretrial Implementation Support (apply)

Funding Number: 20CS18
Agency: Department of Justice, National Institute of Corrections
Category: Other (see text field entitled Explanation of Other Category of Funding Activity for clarification)
Funding Amount: $30,000

 

Small Business Grants in Local States

Alabama Alaska Arkansas Arizona California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

 

Grant application guides and resources

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