New Mexico awards $258K to economic development projects across 11 counties
25 Jul 2025
News
Grants to boost jobs and business growth, over half the awardees in rural and frontier communities
Twelve projects spanning eleven New Mexico counties will receive economic development grants totaling $258,500 to create jobs, support local businesses, and strengthen growth, including rural economies.
Through the Local Economic Assistance & Development Support (LEADS) program, the New Mexico Economic Development Department awards annual grants for projects that create jobs, enhance the tax base, and incentivize business development. The grants will fund eleven programs across nine rural and frontier communities and three urban areas.
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