Business Advocacy

On Monday, the City Council unanimously approved a proposal to dedicate $10 million of the City’s federal CARES Act coronavirus relief funding to struggling small businesses in the area. The measure will make $10 million available for grants of up to $10,000 apiece. Eligible businesses include those located within Albuquerque that have 50 or fewer […]

The Chamber is backing a proposal that will be in front of the City Council TONIGHT to use federal Coronavirus relief money from the CARES Act to award up to $10 million in recovery grants for Albuquerque small businesses. City Councilors Brook Bassan and Trudy Jones, pictured above, are seeking to make $10 million in

This week, the Chamber sent two letters to New Mexico’s congressional delegation, urging them to support liability protections for businesses, an additional round of PPP forgivable loans for certain especially hard-hit sectors (like our tourism/hospitality sector), and the extension of PPP eligibility to all non-profit organizations. Congress continues to discuss a potential “phase 4” Coronavirus relief

Yesterday, the Bernalillo County Commission approved a second round of applications for CARES small business grants, with applications opening Monday. Awards will distribute the $1.8 million that remain of the original $5 million dedicated to the program. Since the program launched June 22, the county has distributed approximately $3.2 million in 345 grants of up