While startup cash is becoming harder and harder to come by and VC deals continue to plummet, entrepreneurs do have several options for grant funding and other equity-free forms of startup capital to help grow their businesses. Here's a list of annual grant programs founders can apply for today, or...

WESST — the Women's Economic Self-Sufficiency Team — established its Enterprise Center in 2009. Located at 609 Broadway Blvd. NE just outside Downtown Albuquerque, the center comes with 37,000 square feet of space for a mix of different purposes.

The Herb Taxi, an Albuquerque-based cannabis delivery company, is the first cannabis company to partner with New Mexico United.

“Despite some of the headwinds and interest rates and pricing of construction goods and commodities, we're still seeing a need for housing at all different price points in different locations,” said Garret Price, founder of Price Land Development Group. THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your...

X-Bow Systems, an aerospace company based in Albuquerque that's developing rocket motor and propellant technologies, landed a chunk of money from a mix of sources to help test and mature its tech. The company announced last week that it received a STRATFI, or strategic funding increase, award for $60 million...

With two Uptown projects underway and the company’s first out-of-state development in the works, one of Allen Sigmon Real Estate Group’s principals said the current real estate cycle reminds him of a “Wild West movie.”. THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your subscription. Access...

The show, which will be available on the newly rebranded Max streaming service, will employ around 4,000 New Mexicans as background talent, 350 resident crew members and 50 principal actors. THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your subscription. Access 4 weeks of business news and insights.

An Albuquerque-based early-stage investment firm has found a few national technology startups to invest in thanks to its founder's real estate ties. Scott Goodman founded GOS Capital, a boutique investment firm, in 2021. He's also the president of Goodman Realty, an Albuquerque development firm with properties across the Southwest and parts of the Midwest.

Since its founding in 1985, HopeWorks has grown to become one of the largest service providers in the state for people experiencing homelessness. In that time, the Albuquerque-based organization’s mission has changed from ending homelessness to healing homelessness. THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your subscription.

Opening a new business on one’s own, particularly a cannabis dispensary, is steeped in complications and pitfalls that can doom the best-laid plans.

The City of Albuquerque issued 27 commercial building permits between April 23 and April 30 with the largest in terms of square issued for alterations at 6300 Jefferson St. NE at about 30,021 square feet, and the largest in terms of estimated cost was issued for alterations at 400 Elm St. SE which is estimated to cost about $950,289.

Natural disasters have taken a significant toll on small businesses in recent years. Here's why small and midsize companies are uniquely vulnerable — and how they can mitigate their climate risks. THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your subscription. Access 4 weeks of business news and...

Innovation is a broad term, even by its own definition: "the introduction of something new." We believe each of this year's Innovation Awards honorees match that definition perfectly. Whether it's inventing a crime-stopping technology, paving the way for Indigenous entrepreneurship or breaking outside the clothing binary, they are all innovating in their own ways.

Ahead of her stop in Albuquerque on Friday, May 5, SBA Administrator Isabella Casillas Guzman talked with Business First about visiting Albuquerque and the SBA’s programming. THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your subscription. Access 4 weeks of business news and insights.

The Land of Enchantment is known for its rich culture and diversity, and April's New Mexicans to Know includes four people — from all walks of life — who are prime examples of that magical makeup. THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your subscription. Access...

In 2020, the world's largest buyer of waste, China, announced it would no longer buy or recycle trash from the rest of the world, leaving 120 million tons of materials looking for a new home and up for grabs. With this change, the fragility and importance of our entire waste management & recycling system came alarmingly into focus. When properly planned and executed, recycling protects and conserves our environment and allows us to reuse valuable resources that would otherwise be wasted. Having the latest, cutting-edge recycling equipment and technologies in your corner can also make recycling ventures very lucrative. Industrial recycling equipment manufacturers like sister companies Schutte Hammermill and CM Shredders are at the tip of the sustainability spear, providing corporate ESG initiatives, recycling businesses and waste management operators with innovative industrial recycling equipment. Designed to provide industry-leading recycling rates and improved material recovery, the equipment also addresses the challenges generated by waste contamination while managing energy consumption. With a combined company history of over 100 years in business, the two sister companies are part of the privately owned Bengal Machine family of brands with headquarters located in Buffalo, New York. Both companies have developed solid reputations and a loyal following of clients over the years for their design and manufacture of state-of-the-art mobile and stationary recycling systems. CM EQUIPMENT: Many recycling processes begin with primary size reduction (typically shredding) and the separation of different materials in the waste stream. This brute force cutting process is where CM excels by designing their shredders to utilize cutting-edge and patented knife technology that has been tested and perfected in the demanding world of tire processing. CM system designs focus on engineering equipment that can handle large capacities, is easy to maintain, durable and cost-effective - making it an ideal choice for businesses looking to cut costs while still being earth-friendly. CM’s full line of industrial shredders can process materials from a wide range of market verticals, including wood, plastics, municipal solid waste, and glass, among other things. CM has also developed a comprehensive portfolio of turnkey solutions for the tire recycling industry, including tire shredders, wire liberators, granulators, mills, and crumb rubber systems that can process end-of-life tires down to a premium and reusable crumb rubber. The applications for recycled tire rubber are numerous and bound only by an entrepreneur or organization's own imagination. Tire chips are widely used in the U.S. and worldwide as a source of energy or tire-tired fuel (TDF), including for cement kilns, paper mills, and electric utilities. Using TDF as a supplemental fuel increases boiler efficiency, decreases air emissions, and lowers costs. CM equipment also removes the steel from the tire in other downstream tire recycling processes. This wire-free rubber product is often used for mulch in landscaping projects for playgrounds, track and field arenas, soccer and football turf, and equestrian footing. SCHUTTE EQUIPMENT: Other recycling processes, typically of friable materials require initial size reduction that involves impact rather than shredding. Where CM handles shredding materials, Schutte specializes in manufacturing hammer mills, lump breakers and crushers for size reduction technology that typically process materials to a finer and more precise product. An essential tool for processing materials such as wood, concrete/asphalt, grains, paper, glass, and biomass, Schutte hammer mill technology employs rotating hammers and screens to crush, pulverize or mill materials into smaller particles. Schutte’s series of RC Crushers help maximize material recovery of solar glass panels for the largest solar recyclers at end-of-life, allowing a process that recovers more than 90% of solar glass module materials for reuse. This provides high-quality secondary resources for new solar panels, glass, rubber, and aluminum products. m perfect for handling large volumes of broken pieces of solar glass. Biofuels offer an exciting opportunity to deliver sustainable, environmentally friendly fuel to the people and places who need and care about where their energy comes from. For Schutte and their clients, that commitment extends beyond the current U.S. standards, as most of the consumption of these fuels occurs in Europe or the Far East. Schutte equipment is integral for processes that create fuels in compliance with stringent European standards provided by the Sustainable Biomass Program. Recycling and using sustainable business practices aren't just good for the environment - they also help businesses save and make money in the long run.

Albuquerque’s favorite men’s salon, located in the North Towne Plaza, is celebrating its second year as one of Salon Today Magazine’s Top 200 Salons. Co-owners Stacey Holmes and Brandie Lohmann are so grateful to receive this award for the second year in a row. Salon Today is the leading magazine for salon professionals and has over 10 thousand applicants each year. Of those applicants, only 200 make it onto their prestigious list of top salons. Holmes and Lohmann are proud to be included among such an elite group of salons. the women opened their doors two years ago with the goal of providing customers with an unparalleled experience that would keep them coming back time and time again. They offer a wide range of services including haircuts, beard trims, shaves, waxing and more. Their talented team provides a personalized approach to each customer’s needs while utilizing only the best products on the market today. The duo has worked hard to create an inviting atmosphere that makes every customer feel like part of their family. They go above and beyond to ensure every visit is enjoyable from start to finish. Lohmann shared her thoughts on receiving this award for a second year in a row: “We are so honored and humbled by this recognition from Salon Today Magazine! We believe it speaks volumes about our dedication to excellence and we will continue striving to provide our customers with an exceptional experience each time they visit us." Holmes added: “We want our clients to look good but also feel good when they leave our salon! This award shows that we have achieved our goal and we look forward to continuing offering them the best service possible in Albuquerque."

Economic Development Department Cabinet Secretary Alicia Keyes briefed lawmakers earlier this week on legislative priorities including the Next Generation Film Academy, Spaceport America and the Borderplex. Join Albuquerque Business First as we celebrate the 2022 class of 40 Under 40! This event honors young professionals climbing the charts in their...

“The Downtowner” would create more than 207 housing units at the intersection of 1st Street and Silver Avenue in Albuquerque. Join Albuquerque Business First as we celebrate the 2022 class of 40 Under 40! This event honors young professionals climbing the charts in their industries and making an impact in New Mexico.

Data for this list was provided through individual surveys, the Brewers Association and additional research.