In fiscal year 2016 the Certified Communities Initiative (CCI) evolved into the LEADS Program. LEADS is a funding program for economic development projects that produce sustainable outcomes. The funding provided through LEADS is intended to create jobs through recruitment, retention/expansion and startup activities; develop the tax base; and provide incentives for business development. LEADS applications will be evaluated based on these objectives.
Projects may be awarded $5,000 to $15,000 per year and funding is awarded through a cost reimbursement contract. EDD will reimburse the project applicant for work performed and/or costs incurred by the applicant up to the total amount specified in the grant. Reimbursement will be made only upon completion of the project and submittal of a project report.
Read the LEADS Policy Manual for more information
Solo Worker received special funding from the New Mexico Legislature for FY19. For applications using the NM SoloWorks Centers model, reimbursement will be up to $3,500 for every job created. For Solo Worker program applications using training or solopreneur models they are eligible for a maximum award of $25,000 per year. All Solo Worker applications will be awarded on a post-performance outcome basis. Download the Solo Worker Application here.