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Visit funder's website →New Mexico Economic Development Fund is sponsored by El Paso Electric (EPE) and Infrastructure Investments Fund (IIF) in collaboration with the Community Foundation of Southern New Mexico. The New Mexico Economic Development Fund supports private businesses, projects, and organizations that demonstrably contribute to economic growth and development, expand and diversify the tax base, and create new quality jobs within El Paso Electric's New Mexico service territor…
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Apply for NM Economic Development – Community Foundation of Southern New Mexico Apply for NM Economic Development New Mexico Economic Development Grant Announces New Logo We are proud to unveil the official logo for the New Mexico Economic Development Fund (NMED).
Launched in 2021 through a partnership between El Paso Electric (EPE) and Infrastructure Investments Fund (IIF), this initiative is held in collaboration with the Community Foundation of Southern New Mexico and guided by a dedicated three-member board of advisors. Each year, $1 million is invested in economic development organizations committed to job creation, business growth, and entrepreneurial innovation throughout New Mexico.
This fund and its new logo stand as a symbol of partnership, progress, and a shared belief in New Mexico’s bright future. Together, we’re building stronger communities. New Mexico Economic Development Public Meeting This meeting will be held in person at the Community Foundation of Southern New Mexico offices at 2640 El Paseo Rd.
Attendees can also attend the meeting via Zoom with the following information: New Mexico Economic Development Grant View April 2026 Press Release The purpose of this grant is to support private businesses, projects and organizations that make or will make a measurable difference in achieving economic growth and development, expanding and diversifying the tax base, and creating new quality jobs within El Paso Electric’s New Mexico service territory.
New businesses or the expansion of existing businesses can be considered. Application Closed for 2026 New Mexico Economic Closing Initiative Grant Description of Economic-Based Industry/Jobs, which applicants must demonstrate their ability to create: Economic growth and prosperity within Doña Ana, Luna, Otero and Sierra counties depends on sectors that export goods and/or services to customers outside of the region.
These sectors are known as “economic-based industries/jobs”. These economic-based industries stimulate local economic growth by bringing jobs and income into Doña Ana, Luna, Otero and Sierra counties economy. Job creation must be connected to growth of 10+ jobs within a 12-18 month period.
This grant funding is to be allocated to for profit entitys within our region. This grant will be accepting applications through December 31, 2025. Application is currently closed.
Show a clear demonstration of public purpose and economic benefit through advancement of the region’s economic goals which include expanding the tax base, creating quality economic-based jobs (definition below), increasing private capital investment in the community, and spurring development; Include solid evidence provided by the business that demonstrates the business’s financial stability and capacity to complete the project; Be in compliance with all local, state and federal laws.
Description of Economic-Based Industry/Jobs, Which Applicants Must Demonstrate Their Ability To Create: Economic growth and prosperity within Doña Ana County depends on sectors that export goods and/or services to customers outside of the region. These sectors are known as “economic-based industries/jobs”. These economic-based industries stimulate local economic growth by bringing jobs and income into the Doña Ana County economy.
New Mexico Economic Development April 2026 Public Meeting Meeting Recording from April 14, 2026 Nellie Bouvet Memorial Scholarship New Mexico Economic Development October 2025 Public Meeting Meeting Recording from October 15, 2025
According to the current listing, eligibility includes: Private businesses, projects, and organizations within El Paso Electric's New Mexico service territory that can show a clear demonstration of public purpose and economic benefit, financial stability, and compliance with…. Confirm the full requirements in the official notice before applying.
The current listing shows $1,000,000 annually (total fund). Verify award ceilings, matching requirements, and allowable costs in the official notice.
New Mexico Economic Development Fund is funded by El Paso Electric (EPE) and Infrastructure Investments Fund (IIF) in collaboration with the Community Foundation of Southern New Mexico. Verify program details on the funder's official page before applying.
This opportunity targets applicants in New Mexico. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
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