The International Business Accelerator
The International Business Accelerator is a one-stop shop of resources for New Mexican businesses and individuals wishing to introduce their product or service into the global market.
The IBA offers educational programs on how to export/import, an online resource guide of international trade materials, and an electronic database of international trade leads/joint venture opportunities. The IBA also leads outgoing and reverse trade missions of foreign buyers and sellers for the benefit of New Mexican companies. IBA's team of trade experts offers one-on-one counseling for businesses seeking assistance in meeting their international trade objectives
Latest News
The New Mexico Small Business Development Centers Network have teamed up with the SBA to create the Gateway to Exporting Program (see below), which is targeted at increasing New Mexico's exports to Mexico. Firms that are interested in exploring opportunities south of the border and in Mexico's maquiladora industry are encouraged to participate. The IBA is coordinating the program on behalf of the statewide network and is working with a team of professionals to create export opportunities for New Mexican businesses. There is no charge to participate in this program, participating companies only need to register to receive assistance. Contact information is provided below.
We will have an introductory session introducing the public to the Gateway to Exporting Program on July 29th at the Small Business Development Center in Bernalillo, New Mexico. The public is invited to join us for this session to learn more about the program and about export opportunities to Mexico.
We want to congratulate Hanson Asset Management, LP for its new Santa Teresa residential/commercial/industrial development. As the southern part of New Mexico continues to grow, spurred on by projects such as Union Pacific's $400 million diesel refueling station and intermodal yards, housing and retail services are needed. This new development, at the corner of Pete Domenici Highway and McNutt Rd. will bring new business to the region. It is an exciting time to be working in the southern part of New Mexico!
ANNOUNCEMENTS:
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Gateway to Exporting Program
The New Mexico Small Business Development Center has teamed up with the Small Business Administration, through the Small Business Jobs Act of 2010, to launch the Gateway to Exporting Program. The goals of the program are to significantly increase exports by New Mexico small businesses to Mexico and to increase the number of small businesses doing business with the maquiladora industry. Every year, Mexico imports billions of dollars of products in a multitude of categories from U.S. businesses.
Any New Mexican company is eligible to participate in this program. Services are free of charge through the NMSBDC's International Business Accelerator (IBA), located in Santa Teresa, and the 20 Small Business Development Centers located throughout the state. The international trade experts participating in the program will assist companies in:
- Becoming export ready
- Accessing international trade resources
- Promoting their products to selected target markets
- Identifying buyers for their product/services
- Facilitating meetings with potential buyers
- Conducting follow up with prospects
For more information about participating in the program, please contact the following people based on your geographic location in the state:
- Northern New Mexico:
Paulina San Millan:
Ph: (505) 818-2584
email - Southern New Mexico:
Adrian Childers:
Ph: (646) 242-3874
email - International Business Accelerator:
Jerry Pacheco
Ph: 575-589-2200
email
Ground breaking Ceremony marks $10 Million Expansion at Santa Teresa Port of Entry
New Mexico's Santa Teresa Port of Entry officially began a $10 million expansion project on Thursday with a ceremonial ground breaking at the site. Construction will begin later this month and is expected to conclude in September 2012, will double port capacity. New Mexico Economic Development Department Secretary-designate Jon Barela joined several dignitaries from the U.S. General Services Administration, the U.S. Customs & Border Protection Agency and representatives from the New Mexico Congressional delegation for the groundbreaking.
From L to R: Ana Apodaca, Field Representative for Senator Tom Udall; Jake Rollow, Field Representative for Senator Jeff Bingaman; Ana Hinojosa, CBP El Paso Field Director; NM Economic Development Secretary Jon Barela; Joe Martinez, Field Representative for Congressman Steve Pearce; NM Border Authority Director Jim Creek in the background.
"The expansion at the Santa Teresa Port of Entry is a big step in our plan to increase economic development at the New Mexico border region," Barela said. "This expansion will not only benefit our region, but also will help handle the increased number of crossings by commercial and non-commercial vehicles." The components of the expansion include:
- Two Additional Northbound Non-Commercial Lanes and Inspection Booths
- Expanded Secondary Inspection Area for Non-Commercial Vehicles
- Pedestrian Walkway and Expanded Inspection Area
- One Additional Commercial Lane and Inspection Booth
- New Southbound Inspection Facility
- Modernization/Renovation of the Main Port Administration Building
The Santa Teresa Port of Entry is located 42 miles south of New Mexico's second largest city, Las Cruces, and 20 minutes from historic downtown El Paso, Texas. From the POE, Interstate 10 is an easy 12 miles down the modern Pete Domenici Highway, the newest borderland multi-lane transportation link.
With little congestion and short lines, Santa Teresa, via its sister port Jeronimo is the premier driving route to southern Cd. Juarez, Cd. Chihuahua, and further into the interior of Mexico. Open daily for commercial, non-commercial, and pedestrian traffic, Santa Teresa is the newest port of entry on the US/Mexico border. The state-of-the art facilities were opened in 1998, replacing the original port, which opened in 1992.
Hanson Asset Management, LP Breaks Ground on its new Santa Teresa/Sunland Park Real Estate Development Project
Hanson Asset Management, LP (HAM) broke ground on its new Santa Teresa/Sunland Park Real Estate Development on July 8, 2011 in Sunland Park, New Mexico. HAM and Desert View Homes recently purchased 458 acres from Verde Realty, which includes the four corners of McNutt Rd. and Pete Domenici Highway in what was previously referred to as Project Checkpoint.
Phase one of the project, referred to as Villa Valencia Unit 1, is a 117 single family lot subdivision developed by HAM in conjunction with Winton and Desert View Homes. The development of another 100 lots will begin in eight months, when the second phase of the project is undertaken. When completed, the 330-acre residential portion of the project will consist of more than 1,400 homes averaging from $150,000 and above, thus making the total investment in the project $210,000,000. According to Russell Hanson, HAM Principle Manager, "We will deliver competitively priced entry level buildable lots. The low New Mexico real estate taxes will be an attraction to our target market in the region."
The remaining 120 acres of the project was purchased by Santa Teresa Properties, LLC also managed by HAM, to develop commercial and industrial projects, and more than 1,200 apartments. The company already has sold a portion of these properties to investors that are developing a state-of-the-art medical clinic within the next year. A major regional nursing school also has contracted to build a 30,000-square-foot instructional facility in the near future. The total value of Santa Teresa Properties' projects are estimated to be more than $142,400,000.
According to New Mexico Economic Development Secretary Designee Jon Barela, "Projects such as the Union Pacific Santa Teresa facility, the expansion of the Santa Teresa Port of Entry, and the development of the Sunland Park International Border Crossing are making this region one of the most dynamic on the entire U.S.-Mexico border. The development of affordable, entry-level housing and retail services is critical for the hundreds of jobs that will be created due to these projects."
Russell Hanson, the Principal Manager of the company, has been active in real estate development in the southern New Mexico/El Paso region for more than 20 years. Russell served as the CEO of Colony Development and President of Hanson Development Corporation, which at one point was El Paso's second largest residential lot development company. During his tenure with the companies, the projects he developed included: Sunridge, Ranchos del Sol, Vista de Sierra, Park hills, Chaparral Park, Willow Bend, and Lomas del Sol. In addition to this 458- acre project on the four corners of McNutt Rd. and Pete V. Domenici Highway, HAM also owns an additional 750 acres in the downtown Sunland Park region.
(from L to R): IBA Executive Director Jerry Pacheco, Border Industrial Association President Miriam Kotkowski, Scott Winton of Winton/Flair Homes, Randy O'Leary of Desert View Homes, Russell Hanson Owner of Hanson Asset Management, Sunland Park Mayor Martin Resendiz, NM Economic Development Secretary Jon Barela, Field Representative for Senator Jeff Bingaman Jake Rollow, Field Representative for Senator Tom Udall Ana Apodaca, Field Representative for Congressman Pearce Joe Martinez
The Santa Teresa Charity Golf Tournament - NEW DATE
Save the Date
September 23rd, 2011
Our 12th Annual Santa Teresa Charity Golf Tournament will take place this year on September 23rd at 1:00 p.m. at the Santa Teresa Country Club. As you know, 100% of the proceeds of our charity tournament support the Honors Program in the Sunland Park, Desert View, and Riverside Elementary Schools. Your generous participation over the years has done wonders with the youth of our community to convince them to have perfect attendance, good grades and become young community leaders.
We again ask you to join us for food, fun, laughs and plenty of golf at this year's tournament. The cost to participate is $100 per person or $400 per foursome. Hole sponsorship is $100 for which you will receive a hand-crafted sign made by the kids especially for your company. As always, we will be having various contests at the tournament to raise money for our community elementary schools. All gifts not won in the contests will be given away in our famous after-tournament raffle.
Please save the date and give us a call as soon as possible to let us know that you want to book a space. We look forward to hearing from you.
Jerry Pacheco
Ph: 575-589-2200
Cell: 915-491-5910
jerry@gpiinc.biz
Please remember to save the date.
SBA News:
Disaster Assistance Available for Small Businesses
Small, non-farm businesses in the following 25 New Mexico counties and neighboring counties in Arizona, Colorado, Oklahoma and Texas are now eligible to apply for low interest disaster loans from the U. S. Small Business Administration (SBA). "These loans offset economic losses because of reduced revenues caused by drought and related disasters, including high winds, high temperatures and wildfires in the following primary New Mexico counties beginning January 1, 2011," announced Alfred E. Judd, Director of SBA's Disaster Field Operations Center-West.
Primary New Mexico counties: Bernalillo, Cibola, Colfax, Guadalupe, Harding, Lincoln, McKinley, Mora, Rio Arriba, San Miguel, Sandoval, Santa Fe, Taos, Torrance, Union and Valencia;
Neighboring New Mexico counties: Catron, Chaves, De Baca, Los Alamos, Otero, Quay, San Juan, Sierra and Socorro;
Neighboring Arizona county: Apache;
Neighboring Colorado counties: Archuleta, Baca, Conejos, Costilla and Las Animas;
Neighboring Oklahoma county: Cimarron;
Neighboring Texas counties: Dallam and Hartley.
"SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster," Judd said.
Small, non-farm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private, non-profit organizations of any size may qualify for Economic Injury Disaster Loans (EIDLs) of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.
"Eligibility for these loans is based on the financial impact of the disaster only and not on any actual property damage. These loans have an interest rate of 4% for businesses and 3% for private, non-profit organizations, a maximum term of 30 years, and are available to small businesses and most private, non profits without the financial ability to offset the adverse impact without hardship," Judd said.
By law, SBA makes EIDLs available when the U. S. Secretary of Agriculture designates an agricultural disaster. Secretary Tom Vilsack declared this disaster at the request of Governor Susana Martinez.
Businesses primarily engaged in farming or ranching are not eligible for SBA disaster assistance. Agricultural enterprises should contact the Farm Services Agency (FSA) about the U. S. Department of Agriculture (USDA) assistance made available by the Secretary's declaration. However, in drought disasters nurseries are eligible for SBA disaster assistance.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA's secure Web site at https://disasterloan.sba.gov/ela.
Disaster loan information and application forms are also available from SBA's Customer Service Center by calling SBA toll-free at (800) 659-2955, emailing disastercustomerservice@sba.gov, or visiting SBA's Web site at www.sba.gov/services/disasterassistance. Hearing impaired individuals may call (800) 877-8339.
The deadline to apply for these loans is March 8, 2012.
For more information, visit SBA's Web site at http://www.sba.gov.
SBA Field Operations Center - West, P.O. Box 419004, Sacramento, CA 95841