Raton and Mora were among 19 communities across the state to receive state grants, according to an announcement from Economic Development Secretary Matt Geisel. Sixteen communities received $156,850 in Local Economic Assistance & Development Support Program (LEADS) grants and three received $66,500 in Solo Worker grants. The grants will fund a variety of economic development projects throughout New Mexico and support the continued growth of our state and local economy.
“These community development grants will further our work to grow and diversify New Mexico’s economy,” Geisel said. “These LEADS and Solo Worker grants will promote job creation, corporate recruitment and business development. With the awarded funds, communities are able to invest in themselves and foster change in their own backyards.”
LEADS project types are categorized as attraction, business retention & expansion, workforce development, tech & entrepreneur, start up, and real estate. Grant funding per project typically ranges from $3,000-$15,000.
The Following Communities/Community Organizations Received LEADS Funding:
The LEADS Program was created in 2016 to help communities develop successful and sustainable economic outcomes. The New Mexico Economic Development Department’s Community, Business and Rural Development Team works with community groups to identify projects and prepare the application. More information on eligibility and the application process may be found at https://gonm.biz/community-development/leads.
Solo Worker recipients are awarded on a post-performance outcome basis. Grow Raton received $21,000, Cibola CEDF received $38,500, and Sandoval County received $7,000.