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Retention & Expansion

Clovis Business Incubator (CBI)

The Business Enterprise Center, Clovis Economic Development and Clovis/Curry County Chamber have teamed up to produce the new Clovis Business Incubator (CBI) which is housed on the second floor of the Clovis Business Enterprise Center. Business incubation is a program of assistance and support for entrepreneurs in developing new ventures. Incubator nutures young firms, helping them to survive and grow during the start-up period when they are most vulnerable. Incubator programs provide hands-on management, assistance, access to financing and orchestrated exposure to critical business or technical support services. These programs also offer entrepreneurial firms flexible lease space, shared office services and access to office equipment--all under one roof.

For a business to be considered it must meet the following criteria:

  • The entrepreneur should have a well organized business idea or plan
  • Funding, or a potential for funding, should either be in place or be readily available
  • The business should be an asset to the community that will create jobs and offer worthwhile services and/or products

What the CBI offers tenants:

  • Clerical and Administrative Services
    • Secretarial services
    • Fax and photocopier machines
    • Conference room
    • Audio/video equipment in conference room
    • Receptionist
    • Telephone and voice mail
    • High speed internet access
  • Business Development Activities
    • Assist with grant and loan packages
    • Assistance in securing funding
    • Assistance in accessing training programs
  • Other Services
    • Common kitchen area
    • Building and office security
    • Social/networking events

If you are interested in learning more about CBI please contact:

Ernie Kos
BEC Manager/Chamber Executive Director
105 E. Grand Ave
Clovis, NM 88101
575.763.3435
ernie@clovisnm.org

Starting a New Business?

New Mexico Small Business Development Center
Network was created in 1989 by the New Mexico State Legislature. For 20 years it has supported the expanding, planning, business financing, and management efforts of more than 79,000 New Mexico businesses providing free small business consulting, affordable workshops, and business training.

NMSBDC can assist with:

  • Starting your business
  • Business plan development
  • Business expansion
  • Access to capital
  • Financials / bookkeeping
  • Human resources issues
  • Taxes
  • Marketing
  • Governmental contracting
  • International trade
  • Special programs

Checklist

  1. Prepare Articles of Incorporation
  2. Prepare SS-4 to get Federal ID number
  3. Prepare New Mexico Department of Labor form ES802
  4. Prepare 2553 if Sub S Corporation
  5. Make sure client has appropriate withholding information:
    1. Federal Circular E
    2. State withholding booklet
  6. Open up separate bank account after receiving Federal ID number
  7. Get Corporate Stamp for endorsing checks
  8. Issue Stock Certificates
  9. File Corporate Profit Report within 30 days of receipt from state of New Mexico
  10. Have and document a meeting to appoint officers
  11. Obtain Gross Receipts Tax number from state of New Mexico
  12. Obtain Business License from City of Clovis or other local government entity