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County to Host Small Business Assistance Q & A

on December 5, 2012 - 8:44am

COUNTY News:

Los Alamos County’s Economic Development Division will host a question and answer session for area businesses from 10 a.m. to noon, Dec. 12 in the Nambe Room of historic Fuller Lodge (2nd floor.)

Business owners and representatives are encouraged to bring their questions and comments regarding issues facing the small business sector. In turn, the County will present its small business assistance programs, services and funding.

“Small businesses form the backbone of any vibrant community and we realize the unique challenges faced by small business in Los Alamos and want to help,” County Administrator Harry Burgess said. 

The County offers site location assistance, planning, development and infrastructure assistance, and direct loans and grants to businesses under the New Mexico Local Economic Development Act (LEDA.)

The LEDA program offers low interest loans and grants to businesses that are expanding and commit to economic development in an agreement with the County. Economic development commitments may include new employment and new investment leading to expanded business activity.

The Façade Grant program offers awards for renovation projects that improve vertical elements such walls, windows, wall signs and lighting attached to a wall facing the public right-of-way, as well as pedestrian friendly improvements. In addition, businesses located within the Downtown Los Alamos Creative District may qualify for up to $100,000 in low interest loans and/or grants designed to help improve street-facing building elements within the Downtown Creative District.

All improvements must comply with adopted Downtown Architectural and Streetscape Codes and Guidelines. The County is available to assist in producing an economic impact analysis in determining awards.

“A key goal is that this meeting is solution oriented,” says Greg Fisher, the County’s Economic Vitality Administrator. “In addition to the local business owners and entrepreneurs, we are inviting our business partners to provide information on other assistance programs including loans, grants and technical assistance.”

Representatives from the Los Alamos Small Business Development Center and MainStreet, LLC are scheduled to be in attendance.

Applications are available at www.lacnm.us /ecodev (click here). Applications are reviewed by the County Administrator staff and then sent on to the County Council for final approval. More than $300,000 in Façade and LEDA grant/loan funds are currently available. For more information, contact Greg Fisher at 505-662-8296 or greg.fisher@lacnm.us.


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