Albuquerque’s entrepreneurial spirit is thriving, thanks to a variety of local programs designed to support small businesses and startups. These initiatives provide essential resources, mentorship, and funding opportunities to help entrepreneurs succeed.
Silver Entrepreneurship Initiative (SEI)
Offered by Central New Mexico Community College (CNM), the SEI supports residents aged 50 and above who are interested in developing entrepreneurial projects. The program provides mentoring, support, and guidance on available resources in the metropolitan area. All services are free, and participants do not need to be CNM students to benefit. For more information, contact Lucio Lanucara at [email protected] or (505) 224-4000 ext. 53475.
Emprendedores Program
The Albuquerque Hispano Chamber of Commerce offers the Emprendedores Program, a dynamic initiative designed to empower Hispanic and immigrant entrepreneurs. The program includes specialized workshops, mentorship opportunities, and networking events. The next session runs from May 20 to July 8, 2026, with classes offered in Spanish. For more details, contact Sandra Gonzalez at (505) 842-9003 or [email protected].
WESST Enterprise Center
Located near downtown Albuquerque, the WESST Enterprise Center is a hub for entrepreneurship and small business development. The 37,000-square-foot facility offers operational support, access to mentors and workshops, and infrastructure such as high-speed internet, conference rooms, and a business resource library. The center supports up to 20 light manufacturing, service, professional, and technology businesses. For more information, visit their website or call (505) 246-6900.
South Valley Economic Development Center (SVEDC) Food Business Incubation Programs
SVEDC offers two incubation programs for food entrepreneurs:
- Semilla Program: A six-month program for early-stage food entrepreneurs who have an idea, recipe, or dream and need the tools, knowledge, and community to make it real.
- Mariposa Program: Supports food industry businesses in scaling up, providing facility access, equipment, and guidance.
For more information, contact SVEDC at (505) 877-0373 or [email protected].
Metropolitan Redevelopment Agency (MRA) Boutique Business & Property Grants
The MRA offers various grant programs to support small businesses and property owners in designated Metropolitan Redevelopment Areas. These grants aim to boost the local economy, encourage business innovation, improve storefronts and signage, and support public safety and community connection. For more information, contact Mara Salcido at [email protected].
These programs are instrumental in fostering a vibrant entrepreneurial ecosystem in Albuquerque, providing the necessary support for local businesses to thrive and contribute to the city’s economic growth.