Posts Tagged ‘Hotel Encanto’

The US Commercial Service and the New Mexico Economic Development Department will host a unique education and training opportunity on April 4-5, 2012 at the Hotel Encanto de Las Cruces. This program is intended for anyone who deals with global trade compliance (including exports, imports, customs, logistics, business development, marketing, procurement, engineering, operations, security, human resources, contracting, supply chain…) and related regulatory, compliance and enforcement issues.

The Southwest Aerospace & Defense Trade Compliance Forum includes a seminar, networking reception, workshop options and a tour of Spaceport America.

Do you know?

• What are you and your organization’s level of exposure, liability and risk when it comes to international trade and the demanding regulatory driven environment?
• What are the key requirements that you and your organization must abide by?
• What are the ongoing challenging, difficult and sometimes sensitive problems the regulations present?
• What are the potentially devastating consequences if you or your organization get it wrong?

If you need or want answers to these and many other questions, this low-cost, high-quality two-day, hands-on, practical-application and case study-focused program is for you.

Day one seminar topics include:

• Overview and Update on US Export Controls;
• International Traffic in Arms Regulations (ITAR) HOT Topics: State Department Trends, Defense Service Exports, Export Control Reform Initiatives, Agreements, Brokering, Third-Country/Dual Nationals, D-Trade, Merger & Acquisition Due Diligence, and much more…;
• Automation & Software Essentials in Trade Compliance;
• Industry Panel – How to Successfully Navigate the ITAR Minefield; Enforcement Update and Latest Consequences of Non-Compliance with Important Case Studies and Lessons Learned.
• Day one ends with a Q&A session followed by a networking reception

On day two attendees have two workshops to pick from:

• TRACK 1 is “Challenges Facing Empowered Officials and Trade Compliance Professionals: Minimizing Exposure, Liability and Risk” and includes sessions on Investigations, Disclosures and Decision Making; What the Regulations Don’t Say and How to Prepare for What’s Ahead, Hands-on Interactive Case Studies and ends with a presenter Q&A period.

• TRACK 2 is “Commercial Space and the ITAR” with sessions on What Every Commercial Space Entrepreneur Needs to Know; USML Categories IV, VIII and XV, as well as Relevant CCL Entries; Obstacles to Export; Interagency and Regulatory Conflicts Launch/Spaceflight Insurance Issues, Defense Services, etc.; Spaceports and the ITAR: Compliance Requirements for the Owner, Operators, Tenants, Suppliers, etc.; Hands-on Interactive Case Studies and also ends with a presenters Q&A.

In the afternoon of day two there is a special Spaceport America tour.

Additional details including registration, hotel information and a complete agenda are linked here.

The New Mexico Finance Authority, New Mexico Economic Development Department, and Baker Tilly invite you to attend a complimentary seminar to learn how to access nearly $100 million in funding through New Markets Tax Credits and Collateral Support Participation programs for your qualified business or real estate development.

New Markets Tax Credits have helped developers and business owners gain access to a low-cost source of capital to solve a portion of their capital needs while creating significant community and economic impact in distressed areas. The Collateral Support Participation program is a new program initiated to leverage private lending to help finance small businesses which are creditworthy but unable to obtain the capital required to expand and create jobs.

These seminars are designed to inform and acquaint community officials, planners, economic development professionals, developers, and business owners. A special addendum has been added to these sessions which will focus on the unique interests of investors and lenders of New Markets Tax Credits.

Seminar schedule

Representatives will be traveling throughout New Mexico to provide information on how we can help your business realize the vision of your communities’ needs and growth potential. We look forward to seeing you at an upcoming seminar! Please RSVP at least a day prior to the event using the links below.

Monday, November 14, 2011

City Hall – Commission Chambers

1376 East Ninth Street, Alamogordo, NM  88301

9:00 a.m. – 12:00 p.m.

Yes, I plan to attend >

Tuesday, November 15, 2011

Morgan Hall

109 E Pine Street, Deming, NM  88030

9:00 a.m. – 12:00 p.m.

Yes, I plan to attend >

Wednesday, November 16, 2011

Hotel Encanto

705 South Telshor Boulevard, Las Cruces, NM  88011

9:00 a.m. – 12:00 p.m.

Yes, I plan to attend >

For questions regarding these events, please contact:

John Brooks
jbrooks@nmfa.net
505 992 9638

Celina Sandoval
csandoval@nmfa.net
505 992 9642

Release courtesy of the New Mexico Economic Development Department

SANTA FE – New Mexico Economic Development Department Secretary Jon Barela announced Tuesday that New Mexico has been approved by U.S. Department of the Treasury to participate in the State Small Business Credit Initiative Program (SSCBI).

New Mexico will receive nearly $13.2 million in federal funds to put toward programs that leverage private lending to help finance small businesses and manufacturers that are creditworthy, but are not able to access the capital required to expand and create jobs. The New Mexico Economic Development Department (NMEDD) will contract with the New Mexico Finance Authority (NMFA) to operate the program.

“Small businesses are the backbone of New Mexico’s economy and the engines of economic recovery,” said Governor Martinez. “It is a priority for this administration to create a more business-friendly environment that encourages growth, investment, and job creation right here in New Mexico. This program is an important step toward accomplishing that goal and putting New Mexicans back to work.”

“These funds will help creditworthy small businesses access the lending they need to invest and hire, providing a powerful boost for economic growth and job creation,” said Deputy Secretary of the Treasury Neal S. Wolin. “Expanding access to credit will help ensure that more entrepreneurs and small businesses can invest in their local communities to put more Americans back to work.”

NMEDD and NMFA have agreed to initially focus the State Small Business Credit Initiative Program funding to a bank loan participation program, branded the Collateral Support Program (CSP), focusing on shorter term working capital loans, particularly for projects located in rural and underserved areas of New Mexico. NMFA will base CSP on its existing loan participation program Smart Money which allows NMFA to purchase from a regulated bank or credit union up to 49 percent of a loan it makes to a New Mexico business or non-profit. The rules limit the amount of NMFA participation to $5 million and that no more than $2 million be directed to any project unless significant economic development will occur as a result. More specifically, the business must create at least one full-time job for each $50,000 invested by the NMFA.  These same guidelines will be used in implementing the CSP.  Additional federal requirements are:

1) the funds are directed to small businesses that do not employ more than 500, and that credit support will not be extended to borrowers that have more than 750 employees, and

2) for every $1 in CSP utilized, it must be leveraged with a minimum of $10 in new private lending.

 “The Economic Development Department worked hard to make this funding available to small businesses in our state,” Barela said.  “The SSCBI funds will go a long way in our efforts to expand economic development throughout the state.”

Under SSBCI, all states were offered the opportunity to apply for federal funds for state-run programs that partner with private lenders and investors to increase the amount of credit available to small businesses. States must demonstrate that every $1 in federal funding will generate a minimum of $10 in new private lending.  Accordingly, the overall $1.5 billion federal funding commitment for this program is expected to result in at least $15 billion in additional private lending nationwide.

“We are in a unique position to help the state develop public-private partnerships for business growth and job creation,” said Denise Baker, chair of the New Mexico Finance Authority. “These new funds will increase our ability to partner with local banks and strengthen communities.”

The NMEDD and NMFA will be hosting outreach sessions for the CSP on the following dates and locations:

Monday, November 14, 2011 in Alamogordo site to be determined at 9 a.m.

Tuesday, November 15, 2011 at Morgan Hall in Deming, NM at 9 a.m.

Wednesday, November 16, 2011 in at the Hotel Encanto in Las Cruces, NM at 9 a.m.

Article Courtesy of the Las Cruces Sun-News

By the end of the year, California-based eSolar hopes to begin construction on a solar power plant near the Mexican border that will include 500,000 mirrors and is scheduled to provide power to El Paso Electric Co. for 20 years. The plant should be ready by 2012.

That was the news from Jim Shandalov, eSolar’s vice president of business development. Shandalov spoke Friday at the Mesilla Valley Economic Development Alliance annual appreciation luncheon at Hotel Encanto.

“It’s the power tower technology that will take sunlight from the sky,” Shandalov said.

The power plant will use the mirrors to reflect sunlight onto towers where water will be heated and produce steam that will then be used to turn turbines.

More than 100 people were on hand for the luncheon that also featured the unveiling of a new branding campaign for MVEDA. The economic development organization has a new logo and a revamped Web site.

“We do compete nationally and to compete we needed to raise our game,” Davin Lopez, MVEDA president and CEO, said.

The luncheon takes place annually so MVEDA can say “thanks” to its partners in the community