Small businesses are an important part of New Mexico’s community, and are vital to the state’s growth. Recently, PNM Resources Foundation gifted a total of $200,000 over the next two years to WESST, one of New Mexico’s most well-known business development and training organizations.
WESST has been assisting entrepreneurs and small businesses for the last 29 years, and with the help of the gift from PNM Resources Foundation, they plan to help clients go from start-ups to thriving businesses. WESST will use the gift for a new initiative called “Power Up Your Biz,” which will be targeted to existing businesses that want to scale their operations. Participating companies will have access to services which will address impediments to growth and put their business on a path to long-term success.
“PNM is proud to have served New Mexico businesses for the last 100 years,” said Becky Teague, VP of External Affairs with PNM. “We are honored to continue to support local small businesses so that they will thrive in our community for the next 100 years as well.”
In honor of PNM turning 100 years old, PNM Resources and its shareholders made a sizeable contribution to the PNMR Foundation, totaling $1 million over the course of two years. Five different organizations in New Mexico are beneficiaries of these funds, including WESST, all of which have a focus towards furthering education and economic development in our state.
With headquarters in Albuquerque, PNM is the largest electricity provider in New Mexico, serving 500,000 customers in dozens of communities across the state. PNM is a subsidiary of PNM Resources, an energy holding company also headquartered in Albuquerque. For more information, visit www.PNM.com