News and Articles

02/12/2024

RDC Fund Supports Manufacturing and Technology Companies in Northern New Mexico with No-Interest Loans

Santa Fe, NM– The Santa Fe County Economic Development Division is excited to announce the launch of the Regional Development Corporation (RDC) Technology and Manufacturing (TEAM) fund, aimed at providing no-interest loans to manufacturing and technology-based companies in Northern New Mexico. The TEAM Fund is designed to support growth-oriented businesses on a trajectory to add jobs, boost revenues, and attract additional funding or investment.

The TEAM Fund is a testament to RDC's commitment to sustaining and assisting developing businesses in Northern New Mexico, with a primary focus on job creation and diversifying the regional economy. The fund will provide financial assistance of up to $20,000.00 to eligible for-profit manufacturing or technology businesses headquartered in Los Alamos, Mora, Rio Arriba, San Miguel, Northern Sandoval, Santa Fe, or Taos County.

See Eligibility Requirements here

Application Period: February 15-March 17, 2024

Get Application Help via TEAM Fund Information Sessions: Santa Fe TEAM Fund Info Session: Tuesday, February 27th 11:00 am-Noon at the Santa Fe Business Incubator. Information sessions are highly recommended.  

Register here

For more information, contact Carla Rachkowski, Director of Operations for RDC at carla@rdcnm.org.

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