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Albuquerque Business First
T or C Pride Market highlights LGBTQIA artists
Parades and other celebratory events are frequently the most tangible representations of Pride Month, but they’re often reserved for bigger cities.<\p> However, the small town of Truth or Consequences bucked that trend throughout June with its community events that included a brunch with live music, river float and discount soaks in its famous hot springs.<\p>
$2.4M awarded in JTIP funds
A month after breaking a record for the amount of funding awarded to companies in the state, New Mexico's Job Training Incentive Program, or JTIP, doled out awards to nine companies in June, totaling up to $2.4 million.<\p> New Mexico Economic Development Department Acting Cabinet Secretary Mark Roper said Wednesday three of the nine June awardees received JTIP support for the first time. The program assists companies in hiring and training employees in the state through reimbursements of 50% or more for hiring or training expenditures.<\p>
Kathie Winograd to leave Economic Forum
Kathie Winograd, who's led the Economic Forum of Albuquerque for two and a half years, will leave that role at the end of this year, the Forum's board chair said Wednesday. <\p> Winograd was named executive director of Albuquerque's Economic Forum, a membership-based organization for business leaders in the Albuquerque-Rio Rancho area, in November 2021, for a term that started in January 2022. She took over Forum leadership after serving as Central New Mexico Community College (CNM) president for over a decade, from 2007 to 2020. <\p>
Papa Felipe's sold
A longstanding Mexican restaurant in Albuquerque's Northeast Heights has found new ownership. <\p> Papa Felipe's, located at 9800 Menaul Blvd. NE, sold for just under $2 million to a local restaurateur in late May, John Algermissen, senior advisor at NAI SunVista, said. The home-style Mexican and New Mexican restaurant was established in 1982.<\p>
‘Lock-in effect’ restricts homeowners despite inventory improvements
A U.S. housing market that continues to see home-price appreciation, paired with higher-for-longer mortgage rates, may prolong the lock-in effect that's stymied inventory the past couple of years.<\p> Many housing economists predicted 2024 would see more relief for homebuyers by way of greater inventory and households more willing to sell their homes after being tethered to record-low mortgage rates obtained during the Covid-19 pandemic.<\p>
AFRL lead named UTEP Aerospace Center director
Shery Welsh, most recently the director of the Air Force Research Lab Directed Energy Directorate at Kirtland Air Force Base, will soon serve as executive director of the University of Texas at El Paso’s Aerospace Center.<\p> Welsh has had a number of leadership roles during her 37 years of federal service in aerospace science and engineering, including director of science and technology for the Department of Defense’s Missile Defense Agency and chief engineer for the USAF’s Airborne Laser Program.<\p>
Here are 5 public speaking tips
It’s that time of year. The time of year when thousands of graduation speeches are delivered across the country at everything from kindergarten graduation ceremonies to high school and prestigious college ceremonies. Sometimes we leave these ceremonies filled with motivation and emotion. Other times, we feel thankful that the event has finally ended. <\p> Though finding well-known elected officials, community leaders and alums to speak at these coveted events is not a challenge, finding a truly good speaker that meets the mark is another story. <\p>
Fire recovery resources move closer to Ruidoso, reservation
Organizations that have provided resources to the thousands of evacuees from the ongoing South Fork and Salt fires in and around the Village of Ruidoso, the City of Ruidoso Downs and the Mescalero Apache Reservation said they plan to move resources closer to those sites as local residents begin to return to their homes and businesses.<\p> The pair of fires, which have burned more than 25,000 acres combined since starting on the Mescalero Apache Reservation on June 17, forced evacuation orders from Ruidoso, Ruidoso Downs, the reservation and surrounding areas the next day. <\p>
These jobs soared during the pandemic and are here to stay
Part-time job listings soared during the Covid-19 pandemic and have yet to recede — a potential sign that both workers and employers see benefits in the arrangements. <\p> Beginning in early 2022, the share of part-time jobs posted on job-search engine Indeed grew 10% before leveling off in 2023. <\p>
SLFCU names CFO
Sandia Laboratory Federal Credit Union has named Mag Wangsuwana its new CFO after previously serving as interim CFO.<\p> Wangsuwana brings 25 years to the position, which manages the credit union’s $4 billion balance sheet. He and his team will also oversee all finance and accounting operations, including budgeting, forecasting and planning. <\p>
NAR settlement means 'summer of uncertainty' for real estate agents
Teresa King Kinney is no stranger to abrupt change in the real estate industry — and the National Association of Realtors' recent settlement is no exception.<\p> She’s been the CEO of the Miami Association of Realtors and its 60,000-plus agents since 1993. In that time, she's navigated several recessions, the Global Financial Crisis and the turbulent, unpredictable Covid-19 pandemic.<\p>
$34M renovation starts on Encino Gardens
On Monday, the New Mexico Mortgage Finance Authority held a groundbreaking ceremony for the rehabilitation of a senior housing community in Southeast Albuquerque.<\p> Encino Gardens, located at 412 Alvarado Drive SE, is a 165-unit community designed for individuals aged 62 or older and those with disabilities. The 2.6-acre property will be managed by Monarch Properties Inc., an Albuquerque-based real estate investment trust.<\p>
How this Santa Fe Wildflower grew
Kimberly deCastro is quick to say she is not an entrepreneur. <\p> The founder of Santa Fe-based government contractor, Wildflower International Ltd., deCastro said the creation of the company was simply the byproduct of survival mode. She was a soon-to-be mom and she needed to provide for her daughter. <\p>
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