Businesses find advice at UNM Small Business Institute

More than 700 small businesses of all types — including startups, longtime ventures and nonprofits — have consulted with the SBI since its founding 38 years ago, according to an independent study by the Mid-Region Council of Governments, a public agency representing the four counties that make up metropolitan Albuquerque.

And the state has benefited from this teamwork when businesses applied the SBI recommendations, the study showed. Between 2014 and 2015 alone, SBI clients created 195 direct and indirect jobs, adding more than $8 million in personal income to New Mexico households and $14 million to the state’s gross domestic product.