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Find similar grantsLocal Economic Assistance & Development Support Program (LEADS) is sponsored by New Mexico Economic Development Department. <span class Category: Economic Development.
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Local Economic Assistance & Development Support Program (LEADS) - New Mexico EDD Local Economic Development Act Opportunity Zones LEDA Jobs Bonus Local Economic Assistance & Development Support Program (LEADS) New Mexico MainStreet Program Business Retention & Expansion Commercial Property Assessed Clean Energy Program (C-PACE) Business Incubator Certification Local Government Planning Fund Local Economic Assistance & Development Support (LEADS) LEADS is a funding program for economic development projects that deliver sustainable outcomes.
It evolved from the Certified Communities Initiative (CCI) in fiscal year 2016. The goal of LEADS is to create jobs through recruitment, retention/expansion, and startup activities, develop the tax base, and incentivize business development . LEADS applications are evaluated based on these objectives.
View the FY26 LEADS kick-off webinar Contact your regional rep to get started! Check out the FY25 awardees Projects are awarded $5,000 to $25,000 per year through a cost-reimbursement contract. EDD reimburses the applicant for work performed and costs incurred, up to the awarded amount.
Reimbursement occurs after project completion and submission of a project report. Are involved in an economic development effort with both public and private participation, demonstrating the ability to drive economic growth. Have an up-to-date community economic development plan and a marketing plan supporting business development and job growth.
Have passed the Local Economic Development Act in their region and, ideally, a Local Option Gross Receipts Tax for economic development, or other economic development financing tools in their service area. Must achieve specific economic development goals, such as job creation, tax base expansion, and/or business development, with measurable outcomes. \ Must align with the community’s adopted economic development plan.
Should have a clear start and end date. Must include an appropriate budget and timeline. The LEADS Program is administered by the Community, Business and Rural Development Team (aka Regional Reps) .
Team members work with communities to identify projects and prepare the LEADS application.
Based on current listing details, eligibility includes: See the New Mexico grants portal for complete eligibility requirements. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Not specified Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
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