Unemployment Resources During COVID-19By City AliveMarch 19, 2020Share this…FacebookPinterestTwitterLinkedinA resource guide for employees and employers. As the COVID-19 situation evolves, our communities are continuing to experience tighter restrictions on social interactions, impacting businesses across all sectors. This will affect people all over Albuquerque, employers and employees alike. As of March 18, restaurants are mandated to close all dining rooms, events …
How Yadira Exited a Cycle of Debt
How Yadira Exited a Cycle of DebtBy City AliveMarch 12, 2020Share this…FacebookPinterestTwitterLinkedinA radical idea: What happens when you trust low-income families to know what’s best for them? When Yadira Armendariz was pregnant with her third child, she knew that the income from her husband’s construction job wasn’t going to be enough to keep them afloat. Her family had already been …
How Lilia and Silvia Beat the Banks
How Lilia and Silvia Beat the BanksBy City AliveOctober 15, 2019Share this…FacebookPinterestTwitterLinkedin“Banks don’t believe in food trucks,” says Lilia Avila. To the banks, it didn’t matter that business at the Fiesta Mexican Food Truck was booming. Demand for their catering events and homemade salsa was overwhelming, but their food trailer was too small to keep up. They wanted to upgrade. …
First, Fix the Roof
First, Fix the Roof:How community stabilization loans increase entrepreneurship in communities of color.For many entrepreneurs of color, the first step to owning a business begins long before applying for a business loan. It begins with a roof repair. It begins with a new timing belt. It begins with finding reliable, affordable childcare. The barriers to business ownership for entrepreneurs of …
Why Big Organizations Support Small
Why Big Organizations Support Small Square, CNM, Nusenda are part of a new wave of entrepreneurial supportTo be successful, a startup needs to be profitable, marketable and scalable. It also needs to be attractive to qualified employees, pay competitively, have solid financial backing and access to liquid capital. Easy, right? The high cost and high risk of startup entrepreneurship is …