RDC News:
The Regional Development Corporation (RDC), a non-profit organization dedicated to improving economic development in Northern New Mexico, congratulates the 2023 Technology & Manufacturing (TEAM) Fund Awardees. The 12 awardees were selected from a strong, diverse, competitive field of applicants.
“We were impressed by the quality of proposals we received and are pleased to be able to provide important seed capital to these twelve companies that are poised for growth,” RDC Executive Director Val Alonzo said.
The RDC Technology & Manufacturing (TEAM) Fund is a no-interest loan of up to $20,000 to assist technology and manufacturing businesses that are on track to add jobs, grow revenues and attract additional funding/investment.
The TEAM Fund was established in 2019 to stimulate the economy and add jobs by supporting growth-oriented companies. Since then, 40 Northern New Mexico-based companies have been awarded loans.
The 12 Businesses Awarded Loans for 2023:
- SALA Event Center (Los Alamos County);
- KALTRON Pulsed Power Systems (Los Alamos County);
- Aly’s Taos Eats (Taos County);
- Convivial Studio (Rio Arriba County);
- Daedalus Technology Group (Santa Fe County);
- Earth Traveler Teardrop Trailers (Santa Fe County);
- JREV Enterprises (Rio Arriba County);
- Jemez Mountain Brewhouse (Sandoval County);
- Loteria Paleteria (Taos County);
- Naturally New Mexico (Rio Arriba County);
- Pfeifer Studio (Sandoval County); and
- Star Cryoelectronics (Santa Fe County).
For more information: https://www.rdcnm.org/team-fund