The Regional Development Corporation, with support from the Los Alamos National Laboratory, Los Alamos National Security, LLC, and the New Mexico Indian Affairs Department, seeks to further develop tribally-held businesses in Northern New Mexico through a new Native American Venture Acceleration Fund (VAF). The awards, which can be up to $30,000 each, are intended to assist tribal businesses to diversify revenue, create new jobs, and institute or improve systems that will lead to growth.
Eligible applicants must be:
- A Native American-owned business enterprise in which a tribe or tribal member has at least a 51% share or stake
- A tribal member or corporation from the Pueblos of Cochiti, Jemez, Nambe, Ohkay Owingeh, Picuris, Pojoaque, San Ildefonso, Santa Clara, Taos, or Tesuque
- A company located in the counties of Los Alamos, Mora, Rio Arriba, San Miguel, Sandoval, Santa Fe, or Taos
Applications must be received no later than 5 p.m. on Friday, November 16. For more information, go to http://rdcnm.org/index.php?page=rfps-2.
Eight Northern New Mexico businesses were recently recognized in Santa Fe for their high growth and potential to double revenue and staff during the next eight years. LANL Executive Director Richard Marquez was the keynote speaker at the event, which was hosted by the Regional Development Corporation (RDC).
The event is part of RDC's 20/20 Campaign to recognize and support 20 high-growth companies by 2020 in Northern New Mexico. The companies recognized were:
Bicycle Technologies International, Santa Fe
Black Mesa Winery, Velarde
Performance Maintenance Inc., Española
Positive Energy, Santa Fe
Santa Fe Brewing Co.
Star Cryoelectronics, Santa Fe
Vapour Organic Beauty, Taos.
Los Alamos National Security, LLC (LANS) supports the Regional Development Corporation through a $1 million per year investment. Northern New Mexico Connect, a program of the RDC, is the umbrella initiative that supports some of LANS' economic development programs.
For more information on the 20/20 campaign, go to http://www.nnm2020.org/.
In September, the New Mexico Small Business Assistance (NMSBA) program announced its leveraged project assistance plans for 2013. Leveraged projects are those in which several businesses work together to solve joint problems by applying for assistance from LANL or Sandia National Laboratories researchers. The proposals are evaluated for their potential to help the businesses grow, to positively impact the local economy, and their alignment with available laboratory expertise.
During the coming year, eight of the proposals will be implemented, which will assist 35 different companies for needs ranging from assistance in characterizing rare earth element deposits and identifying low-impact separation methodology to evaluating the technical feasibility and economic value of a concentrated solar plant.
For more information on NMSBA and the variety of programs it offers to assist businesses, go to http://www.nmsbaprogram.org/.
NMSBA is a joint program of Los Alamos and Sandia national laboratories, in partnership with the State of New Mexico.
The Espanola Valley Chamber of Commerce and SL Start/New Mexico Works recently held a Community Resource and Job Fair event that attracted more than 500 people. The four-hour event was designed to help attendees meet potential employers, discover new employment resources, and increase expertise in job-search skills and resume development.
The Laboratory was there to provide those interested in entrepreneurial activities with information on the wide variety of assistance available through our economic-development programs.
For more information on how LANS/LANS-supported economic-development efforts could benefit your business, contact Vangie Truillo with the Community Programs Office at (505) 665-4400 or firstname.lastname@example.org.
The Regional Development Corporation last month received a Gold Excellence in Economic Development Award for its “Accelerate: Technical Training and Job Placement” program in the category of “Partnerships with Educational Institutions” for communities with populations of 200,000 to 500,000. Accelerate is designed to help graduate more technical career students, place them in jobs, and better prepare them for career and educational advancement. The International Economic Development Council (IEDC) presented the award.
“We recognize the Regional Development Corporation for creating innovative and successful strategies to promote economic development in this period of global recovery,” said Jay Moon, IEDC chair. “Our awards honor organizations and individuals for their efforts in creating positive change in communities. The Regional Development Corporation demonstrates that they are at the forefront of the economic development profession and are using cutting-edge, effective practices that can be replicated in other communities."
Accelerate is a joint initiative of the RDC, University of New Mexico–Taos, University of New Mexico–Los Alamos, Santa Fe Community College, Northern New Mexico College, Luna Community College, and New Mexico Highlands University.
The RDC is an economic-development nonprofit organization that operates with the support of the Los Alamos National Laboratory, the U.S. Department of Energy, Los Alamos County, the U.S. Department of Agriculture’s Rural Development organization, and the Technology Integration Group.
To view the full press release, go to http://acceleratenm.org/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=12&cntnt01returnid=58.