Economic Development Retention and Revitalization Grant
This grant aims to bolster economic growth and development, diversify the tax base, and generate new quality jobs within Doña Ana, Luna, and Otero Counties, with potential expansion across New Mexico. It targets new and existing small businesses, entrepreneurs, and nonprofit organizations that contribute to economic revitalization, particularly those impacted by the pandemic or those seeking expansion. The grant supports initiatives such as entrepreneurial education, business development, and workforce reintegration, offering a lifeline for businesses and nonprofits working towards a thriving southern New Mexico economy.
Award Range
Not specified - Not specified
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Additional Requirements
- Small businesses with less than 50 staff, entrepreneurs, and nonprofit organizations aiding in business development and family prosperity within the targeted counties. - "Applicants must demonstrate public purpose, economic benefit, financial stability, and compliance with laws. The review process includes compatibility with grant guidelines, demonstration of community need, financial sustainability, and proposed outcomes. Responses to applications will be given within 30 days post-submission. link to application : https://www.grantinterface.com/Home/Logon?urlkey=cfsnm"
Geographic Eligibility
Doña Ana, Luna, and Otero Counties
Application Opens
August 31, 2024
Application Closes
September 30, 2024
Grantor
Community Foundation of Southern New Mexico (CFSNM) in partnership with Mesilla Valley Economic Development Alliance (MVEDA), LiftFund, WEEST, and other groups focusing on job expansion in southern New Mexico.
Phone
(575) 521-4794Subscribe to view contact details