The NMDOT is excited to announce the launch of its inaugural Small Business Training and Resources (STAR) program.
Santa Fe, NM – The 14-week program will start on May 14, 2024, interested applicants must apply for the May 2024 cohort by 5 p.m. on April 30, 2024. NMDOT STAR will provide support and resources for Disadvantaged Business Enterprises (DBEs) and small businesses to overcome obstacles and achieve success working with NMDOT. The comprehensive program is free for all participants and offers a powerful blend of expert-led workshops, practical tools, and personalized coaching tailored to propel DBEs and small businesses forward in the government contracting sector.
“Having a program that offers support and essential training to DBEs helps grow our local economy and business community. NMDOT wants small businesses to have more opportunities to partner with NMDOT and in turn, bolster the local business economy,” said Ricky Serna, NMDOT Cabinet Secretary.
All small businesses looking to do business with NMDOT are eligible for the program. First preference will be given to New Mexico-certified DBEs in core construction and design North American Industry Classification System (NAICS).
The STAR program will guide participants through corrections and improvements to any financial, managerial, technical, or labor conditions which could potentially prevent them from receiving project contracts. The carefully crafted curriculum was created to ensure that participants receive a comprehensive learning experience tailored to their unique business needs. Additional materials included in the program are weekly online sessions, networking opportunities, a supportive environment, personalized coaching, and a professionally filmed and edited marketing video that will help advertise each business to its fullest potential.
Click here to apply today to join NMDOT STAR!
About the NMDOT Disadvantaged Business Enterprise (DBE) Program
The NMDOT DBE program is designed to remedy ongoing discrimination and the continuing effects of past discrimination in federally-assisted highway, transit, airport, and highway safety financial assistance transportation contracting nationwide. The program provides a vehicle for increasing the participation by small, minority-owned businesses in state and local government procurement. DBEs receive benefits such as access to government contracts, removal of barriers, business development assistance, enhanced visibility and marketing opportunities, incentives for project owners and prime contractors, enhanced economic development and improved supplier diversity and assistance in competing outside the DBE Program.