Market your products overseas
If you have a product that might have an international market, the U.S. Small Business Administration can help with access to grants, loans and expert advice. Get help with online storefronts and e-commerce platforms.
Grants up to $10,000 are available through the SBA to help.
Nearly 60 percent of the entire world population is on the internet and most are from outside the United States, according to an SBA press release. “Our neighbors – Mexico and Canada – are especially attractive international trade markets. Under the U.S.-Mexico-Canada Agreement, this trade partnership is committed to prohibiting customs charges on digital trade products and is no longer requiring companies that export services to have a physical presence in their countries,” according to the statement.
Get more information in a webinar: Grants for U.S. Small Businesses to Sell Overseas, 2 p.m. EST, Tuesday (Dec. 15). Sign up on Event Brite at bit. ly/2VQC6dE.
More financial help wfor businesses
New Mexico State University’s Arrowhead Center has put together a list of resources to help businesses struggling during the pandemic.
Here are a few of the resources on the center’s list.
• CORONAVIRUS AND USDA ASSISTANCE FOR FARMERS: Expansion of the Coronavirus Food Assistance Program, offering an additional $14B for agricultural producers impacted by COVID-19
Program ends Friday (Dec. 11). More information is at farmers.gov/ coronavirus.
• CHAMIZA FOUNDATION COVID-19 EMERGENCY RELIEF FUND:
Applications are being accepted from Pueblo community member organizations and
organizations that serve Pueblo communities impacted by COVID-19. Deadlines: Feb. 12 and May 7, 2021. More information at chamiza.org/ application/.
• BUSINESS AND INDUSTRY CARES ACT PROGRAM:
Up to $1B in loan guarantees from the USDA to help rural businesses during the pandemic.
Deadline: Sept. 15, 2021, or until funds are expended.
Visit rd.usda.gov for more information.
• WOOD INNOVATION AND WOOD ENERGY GRANTS: U.S. Forest Service grant opportunities to support active forest management and to help grow the forest/wood industry.
Wood Innovations deadline:
Jan. 20, 2021.
Community Wood Energy deadline: Feb. 3, 2021.
More information for both opportunities can be found at fs.usda.gov/.
• FARM BUSINESS MANAGEMENT AND BENCHMARKING: Grant funding to improve knowledge and skills of agricultural producers.
Deadline: April 8, 2021.
More information can be found at nifa.usda.gov/.
• DISASTER LOAN ASSISTANCE TO N.M. SMALL BUSINESSES: Low-interest loans for small, non-farm businesses in New Mexico and neighboring counties in Texas to offset economic losses because of reduced revenue caused by drought beginning August 2020.
More information is available at disasterloanassistance.sba.gov/s/.
• EDD COLLATERAL ASSISTANCE PROGRAM:
Accepting applications to cover collateral shortfall for small businesses.
More information is available from the New Mexico Economic Development Department, gonm.biz/businessdevelopment/edd-programs-for-business/ finance-development/nm-creditenhancement-program/.
• EDD RURAL EFFICIENT BUSINESS PROGRAM: Assistance for rural businesses in addressing energy consumption and renewable energy systems.
More information at nmruralbiz. com/.