Local Business
Here to Help
Dozens of organizations, public and private, local and national, are in business to help business. They offer free or low-cost advice, training, technical assistance and industry expertise. Some will connect you with money, whether it's a loan, a grant or direct investment.
Many nonprofit organizations and government agencies have offices or field representatives throughout New Mexico and they are only a phone call or email away.
Local Area Assistance, Networking and Workshops
- Small Business Development Center at New Mexico Junior College - Hobbs (492-4700 or nmsbdc.org) for workshops and business consulting
- Economic Development Corporation of Lea County ((575) 397-2039 or edclc.org) for regional market statistics and potential business development incentives
- Hobbs Chamber of Commerce ((575) 397-3202) for networking, events and connections
- Hobbs Hispano Chamber of Commerce ((575) 393-1030) for networking, events and connections
- Fast Forward NM (fastforwardnm.org) for computer classes
- New Mexico Biz Calendar, Southeast Region (bizcalendar.org) for business events
Specialized Assistance Offered By New Mexico-Based Organizations
(Many Of Which Have Field Representatives Who Serve Our Area)
- New Mexico Economic Development Department (gonm.biz) for potential tax incentives, certification training, international trade assistance and community programs such as Arts & Culture District development and the MainStreet Program.
- New Mexico Manufacturing Extension Partnership (newmexicomep.org) for help setting up or streamlining manufacturing processes that lead to higher profits
- Veteran's Business Outreach Center (vboc.org) for business assistance provided to U.S. Armed Forces Veterans
- Arrowhead Center at NMSU Las Cruces (arrowheadcenter.nmsu.edu) for research and support of technology ventures
Capital, Financing And Special Grants
- Your community bank for financing your business; your local banker knows the community and has an interest in helping it thrive
- USDA Rural Development (rurdev.usda.gov/nm) for business development loans, grants to upgrade energy systems and loan guarantees for biorefineries; the agency also offers various producer grants on a competitive basis
- WESST (wesst.org) for microloans smaller than your bank may provide
- Accion (accionnm.org) for startup loans your bank may not be able to accommodate
- The Loan Fund (loanfund.org) for startup and expansion loans and lines of credit
- The City of Hobbs (hobbsnm.org) for potential business development incent