skip to main content

New Miexico

These resources – like the public health crisis itself – are constantly evolving and are only current as to the date of publication. This page was last updated on May 14, 2020.

For more up-to-date information on the relief programs available in New Mexico, we recommend that you visit the state’s COVID-19 Resources website.

resource search icon

Description of Program and Relief

Albuquerque, New Mexico: Micro-Business Relief Program

The Mayor of Albuquerque and the City of Albuquerque Economic Development Department have announced a $500,000 Micro-Business relief Program to provide economic support to Albuquerque businesses needing assistance in overcoming the temporary loss of revenue due to COVID-19. The City of Albuquerque will provide working capital grants of up to $5,000 for qualifying small businesses impacted by COVID-19.

Government or Lead Agency

The City of Albuquerque Economic Development Department

Dates Available

Effective as of March 30, 2020

Eligibility Requirements/Restrictions

Requirements include, but are not limited to:

• The business must have 5 or fewer employees, including the owner/s.

• The business must be registered and physically located within the Albuquerque city limits.

• The business must have experienced financial hardship due to COVID-19.

• The business must have been a business for the last 6 months.

• Grant funds must be deposited into a business bank account and only be used for business expenses.

• Business owners must agree to provide a report about the use and results of the grant fund six months after receipt.

• Businesses that are franchises or restricted to patrons above the age of 18 or older will not be eligible for an award.

Application Deadlines (If Applicable)

N/A

Contact for More Information

More information can be found here.


© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.

© 2022 Paul, Weiss, Rifkind, Wharton & Garrison LLP

Privacy Policy