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Otero County countinues to be notably missing in multiple state awards of grants. The question citizens should ask our elected leadership is why is the county not applying for these grants or what is the failure in leadership for us to secure the many grants...
Twelve projects spanning eleven New Mexico counties will receive economic development grants totaling $258,500 to create jobs, support local businesses, and strengthen growth, including rural economies.
Through the Local Economic Assistance & Development Support (LEADS) program, the New Mexico Economic Development Department awards annual grants for projects that create jobs, enhance the tax base, and incentivize business development. The grants will fund eleven programs across nine rural and frontier communities and three urban areas.
“LEADS projects are tailored to the community’s needs and have an immediate impact on the local economy,” said Rob Black, cabinet secretary for the New Mexico Economic Development Department. “These projects bring the public and private sectors together to make positive, long-lasting, and regionally appropriate change.”
“Last year’s LEADS grant allowed us to prepare land for development and bring it to a shovel-ready state,” said Mike Espiritu, president and CEO of the Roswell Chaves County Economic Development Corporation. “That strategic investment directly contributed to the successful recruitment of Amazon, Inc., a transformative moment for our region’s economic future. With this year’s funds, we can look forward to additional site development to recruit new projects.”
“The LEADS grant will accelerate AREA’s ability to launch a collaborative, data-driven strategy to tackle one of our region’s most pressing economic challenges — retaining and attracting talent,” said Chad Matheson, senior vice president of AREA. “This investment empowers us to turn vision into action and build a stronger workforce for the future of greater Albuquerque.”
“The LEADS grant has had a transformative effect on our community,” said Max Khudiakov, director of economic development and tourism, Town of Red River. “We’re launching a targeted business retention and resilience program that will help local entrepreneurs survive, but also equip them to grow, create jobs, and strengthen our tax base in a community where 99% of our businesses are family-owned and operated. This investment protects not just livelihoods, but legacies.”
Individual grants ranged from $19,000 to $25,000, up from last year’s $5,000 to $25,000. Projects focus on workforce development, business retention, and infrastructure improvements.
FY2026 LEADS grant recipients are:
To learn more about LEADS program, visit edd.newmexico.gov/community-development/leads/.
The Town of Red River’s main industry is tourism. Every year, over 450,000 visitors escape the big city for refuge in Red River’s cool, mountainous valley. Photo courtesy of the Town of Red River.
Grow Raton commercial kitchen will have five studios to rent and a basement for commercial food storage processing of value added packaging. Pictured left to right: EDD regional rep Tim Hagaman with Grow Raton staff, VP Brandy Dietz, President Shayne Young, and Secretary Dr, Loretta Conder.
AREA’s September 2024 Town Hall, hosted by President & CEO Danielle Casey, brought together top voices in site selection. Pictured left to right: Danielle Casey, president & CEO for AREA, Tony Ramirez, MBA, founder, PlazaSource LLC at Navigator Consulting, James Blair, founder and managing director of Navigator Consulting.