Local small businesses receive $10k in grant money

Business

ALBUQUERQUE, N.M. (KRQE) – The city handed out cash to small businesses impacted by COVID Friday morning. Checks for $10,000 were given to businesses who applied for a grant for the Economic Development Department.


Story continues below


The city says the companies will be able to use the money on rent, utilities, and supplies. “We will be seeing about 150 people come through and receive their $10,000 grant the day of today. And we will be seeing another 200 people on November 19,” said Damian Lara of the City of Albuquerque.

The grants were created using $7.5 million in pandemic relief funding form the federal government.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest Video

Now Trending on KRQE.com

New Mexico Hourly Forecasts ⟶

Albuquerque Hourly Forecast

Don't Miss

MORE IN DON'T MISS

Photo Galleries

MORE PHOTO GALLERIES

News Resources - Maps

MORE NEWS RESOURCES