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GrantNew MexicoActiveVerified

New Mexico Local Economic Development Act (LEDA) Grant

New Mexico Economic Development Department (NMEDD)NM-LEDA
Max per Applicant

$5.0M

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

New Mexico

About This Program

New Mexico's primary economic development tool — provides grants to local governments for infrastructure, land, and buildings to attract or retain businesses creating primary jobs with above-average wages.

Key Requirements & Eligibility

  • 1Project must create primary jobs (goods/services sold outside NM or regionally)
  • 2Minimum wages must meet county median
  • 3Grant flows to municipality or county, which enters agreement with business
  • 4Infrastructure, building improvements, and land acquisition eligible
  • 5Clawback provisions if job commitments not met within 5 years

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

ManufacturingTechnologyFilm & MediaHealthcareLogistics
Official Source