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New Mexico plans new fund to help start-ups
The State of New Mexico is launching a $20 million program to help start-ups access the capital they need. It involves $10 million in state funding matched by $5 million in federal monies and a like amount in private dollars. The $20 million will be used to make small investments in for-profit micro funds around the state that provide seed money for start-ups. Read more here.
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