You can now apply for the LEDA Recovery Grants 2021/2022 for interested persons. All applicants will need to create a new account with a username and password.
The LEDA Recovery Grants were created by the State of New Mexico in the 2021 Legislative Session by House Bill 11 to provide $200 million in grant funding to New Mexico small businesses that are experiencing financial hardship due to the pandemic.
These grants are specifically tied to job creation, must be used as reimbursements of rent, lease or mortgage payments, and are prioritized based on the severity of economic decline experienced by the business.
This program is administered by NMFA on behalf of the New Mexico Economic Development Department.
READ –USA COVID-19 Small Business Loans/Grant
A grant is money given for a specific purpose without any obligation to repay the funding. In this case, the grants are based on job creation. Unlike a loan, a grant does not need to be paid back.
READ – COVID-19 Action Recovery and Economic Stimulus Program Registration for Business Loan
Who can apply for a LEDA Recovery Grant?
READ – Credit Personal Loans in Canada
To apply for the Leda recovery grant, visit: https://www.nmfinance.com/leda-recovery-grants/
The application rounds will be open on a rolling basis until the funds are gone or December 31, 2021, whichever comes first.
Please see the top of this webpage for the most current application round and deadline.
Each round after the initial round will be open for approximately two weeks. More application rounds may be added as long as funds are available through December 31, 2021.
The grant applications will be prioritized and grants will be awarded after each application round. The grants will be awarded based on the prioritization, not on a first-come, first-served basis.
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