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Visit funder's website →New Mexico Economic Development Grant is sponsored by El Paso Electric and Infrastructure Investments Fund (IIF) in collaboration with the Community Foundation of Southern New Mexico. This grant supports private businesses, projects, and organizations that 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.
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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
Based on current listing details, eligibility includes: Private businesses, projects, and organizations within El Paso Electric's New Mexico service territory. New businesses or expansions of existing businesses are eligible. Applicants should confirm final requirements in the official notice before submission.
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The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.
Small Business Innovation Research and Small Business Technology Transfer Programs Phase I is sponsored by U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA). The USDA SBIR/STTR programs support small businesses in creating innovative, disruptive technologies with commercial potential or societal benefit, including projects dealing with agriculturally-related manufacturing and alternative and renewable energy technologies. Specialty tubing could be relevant for agricultural equipment or renewable energy systems.