Economic Development

Economic Development District #1

Economic Development Districts (EDDs) are multi-jurisdictional entities, commonly composed of multiple counties and in certain cases even cross-state borders. They help lead the locally-based, regionally driven economic development planning process that leverages the involvement of the public, private and non-profit sectors to establish a strategic blueprint (i.e., an economic development roadmap) for regional collaboration.

EDA 101 - How to Apply? Guide
made available from International Economic Development Council

The District serves the three northwestern counties of San Juan, McKinley, and Cibola, and receives its designation from the US Economic Development Administration (EDA). The District functions include:

To serve as a form and to elicit informed recommendations for regional economic development strategies.
To develop and submit a 5-year Comprehensive Economic Development Strategy (CEDS) plan to the Economic Development Administration and other Federal, State,Local and Tribal partners.
To promote and coordinate implementation of local and regional strategies and projects in the three county region of Northwest New Mexico.
To support planning and financing of key infrastructure projects to catalyst private investment.
The District acts to support and review EDA grant applications for this region.

EDA Investment in Northwest New Mexico

Working collaboratively to plan, develop, and track regional strategies in Northwest New Mexico that will foster economic prosperity and increase our region's competitive advantages in the global marketplace

Comprehensive Economic Development Strategy

Northwest New Mexico's CEDS Plan
The Comprehensive Economic Development Strategy (CEDS) is a strategy-driven plan for regional economic development. A CEDS is the result of a regionally-owned planning process designed to build capacity and guide the economic prosperity and resiliency of an area or region. It is a key component in establishing and maintaining a robust economic ecosystem by helping to build regional capacity (through hard and soft infrastructure) that contributes to individual, firm, and community success. The CEDS provides a vehicle for individuals, organizations, local governments, institutes of learning, and private industry to engage in a meaningful conversation and debate about what capacity building efforts would best serve economic development in the region.

The 5-Year economic development strategy plan for the region.

EDA PROJECT PORTAL
EDA Competitive Grant - Project Inquiry Form

Resource Links
State of New Mexico Economic Development Department

Local & Tribal Economic Development Organizations
Four Corners Economic Development Inc.
Navajo Nation Division of Economic Development
Greater Gallup Economic Development Corporation
Cibola Communities Economic Development Foundation
Laguna Development Corporation
Pueblo of Acoma
Pueblo of Zuni