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

This $150,000 Cooperative Agreement award from the U.S. Small Business Administration (SBA) under the Women's Business Ownership Assistance program (CFDA 59.043) will fund the Women's Economic Self-Sufficiency Team Corporation (Wesst), a nonprofit organization based in Albuquerque, New Mexico, to provide comprehensive entrepreneurial development services for women-owned small businesses, particularly those that are socially and economically disadvantaged.

The funding will enable Wesst to deliver a range of services through its Women's Business Center, including business training, financial literacy education, technical assistance, business counseling, and access to capital through microloans under $50,000. Wesst will leverage this grant to support women entrepreneurs in starting, growing, and sustaining their small businesses across multiple locations in New Mexico, with the goal of removing discriminatory barriers and promoting economic self-sufficiency. The performance period for this award is from September 30, 2024 to September 29, 2025.