WBC - NM - women's economic self-sufficiency team corporation (ALBUQUERQUE)

The Women's Economic Self-Sufficiency Team Corporation (Wesst) was awarded a $150,000 Cooperative Agreement under the U.S. Small Business Administration's (SBA) Women's Business Ownership Assistance program (CFDA 59.043). This 12-month award, effective from September 30, 2024 to September 29, 2025, will enable Wesst, a nonprofit organization based in Albuquerque, New Mexico, to provide comprehensive entrepreneurial development services tailored to support women-owned small businesses, particularly those that are socially and economically disadvantaged.

The funding will allow Wesst to deliver a range of services including business training, financial literacy education, technical assistance, business counseling, and access to capital through microloans under $50,000. As a Women's Business Center, Wesst is dedicated to removing discriminatory barriers and promoting economic self-sufficiency among women and minority entrepreneurs through its service delivery across multiple locations in New Mexico.