Community Development
EDD’s Community, Business & Rural Development Team (CBRDT) or "regional representatives" are located in the regions they serve in every corner of the state. They assist communities in a broad variety of economic development needs:
- Community infrastructure financing assisted by FUNDIT, a collaborative group of community development funding agencies who review and vet projects in a single meeting
- Administers the Business Retention & Expansion Program in their respective regions
- Workforce training for eligible businesses through the Job Training Incentive Program; Team members help businesses complete each step of the application process
- Business development project funding in collaboration with the Finance Development Team
- Rural small business recruiting with tools EDD provides, such as Hoovers business database
- Strategic planning for economic growth and diversity; assisted by Data Center staff
- Passing and using the Local Economic Development Act (LEDA) to provide local incentives for job creation
- Taking advantage of New Mexico’s tax credit incentives for job creation
- Assistance in responding to Potential Recruitment Opportunities (PROs) from the New Mexico Partnership
- Resolve regulatory issues through the Office of Business Advocacy
- Participate in implementing the objectives of EDD’s Rural Economic Development Council
- Access to other EDD programs such as MainStreet
For professional economic development assistance contact your local Team member:
