New Mexico Economic Development Department. All Rights Reserved.
In fiscal year 2016 the Certified Communities Initiative (CCI) evolved into the LEADS Program. LEADS is a funding program for economic development projects that produce sustainable outcomes. The funding provided through LEADS is intended to create jobs through recruitment, retention/expansion and startup activities; develop the tax base; and provide incentives for business development. LEADS applications will be evaluated based on these objectives.
Projects may be awarded $5,000 to $25,000 per year and funding is awarded through a cost reimbursement contract. EDD will reimburse the project applicant for work performed and/or costs incurred by the applicant up to the total amount specified in the grant. Reimbursement will be made only upon completion of the project and submittal of a project report.
Read the FY22 LEADS Policy Manual for more information.
The LEADS Program is administered by the Community, Business and Rural Development Team. Team members will work with communities to identify projects and prepare the FY22 LEADS application.
The webinar will provide an overview of the LEADS program, application process and timeline, as well as an introduction to the new online application. LEADS applicants will be required to meet with their regional representative for a pre-application consultation and attend or view the webinar to apply for funding.
Click here to register for the webinar. We look forward to seeing you there!