FUNDIT was created to assist communities in accessing financing from a group of agencies simultaneously. This collaboration saves time and duplication, improves the effectiveness of project review and support, and ensures strategic investments with public resources.
Agencies represented in FUNDIT:
Eligible projects include:
In order to bring a project before FUNDIT you should be prepared to provide a description of the project; the project should be listed as a priority on the local Infrastructure Capital Improvement Plan (ICIP), Economic Development Plan, and/or Comprehensive Master Plan; you will need to know the total capital investment (equity and debt), jobs that will be created or retained by the project, and you will need to provide a financial pro forma and the project timeline.
FUNDIT is expanding to be able to assist small businesses connect with financing opportunities. The new arm of the program will work to connect business owners and aspiring entrepreneurs to lenders and business resources. The group will host a series of FUNDIT Finance Fairs across the state, where the public will be able to meet face to face with numerous local lenders as well as business resource providers to discuss their projects or ask questions about financing. The first event will be held, July 17 in Taos, 11-3 (location TBD). The event is free, but registration is required.
If you are interested in attending as a guest or you’d like to have a table at the event, please register here. If you have trouble accessing the online registration form, please email or contact Johanna.Nelson@state.nm.us or 505-827-0264.
FUNDIT Small Business Matchmaker
Small businesses or aspiring entrepreneurs are able to submit their projects to be reviewed by our email list of lenders and small business resources. If the project is a match, lenders or other business resources will contact the project.
Submit your business project to the FUNDIT Small Business Matchmaker here.
Lenders and small business resource providers, to sign up to our email list to receive financing inquiries, you can sign-up here.