ALBUQUERQUE, N.M. (KRQE) – Albuquerque is once again offering one-time grants to small businesses using money from the American Rescue Plan. Seven-point-five million dollars will be given out with $10,000 given for each grant through six different sectors of business.

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Eligible businesses must have less than 50 employees and be located within the city. Businesses can start applying August 4 and all grants will be funded by October 1. More information can be found on the City of Albuquerque’s website.