Local Economic Assistance & Development Support (LEADS)
Forecasted
The LEADS grant from the New Mexico Economic Development Department funds research-driven projects that promote job creation, business growth, and sustainable economic development in New Mexico communities.
Funder: New Mexico Economic Development Department
Due Dates (Anticipated): May 2027: Online application deadline (projected) | May 2027: Presentation materials deadline (projected)
Funding Amounts: $5,000–$25,000 per project/year; cost-reimbursement; typical project period is one year.
Summary: Supports New Mexico community economic development projects that create jobs, expand the tax base, and foster sustainable business growth.
Key Information: This is a forecasted opportunity—dates and details may shift; contact your regional rep early.
Description
The Local Economic Assistance & Development Support (LEADS) program, administered by the New Mexico Economic Development Department (NMEDD), provides funding to support economic development projects across New Mexico communities. The program aims to drive job creation, business recruitment, retention, and expansion, and to grow local tax bases through sustainable and measurable initiatives. Projects are evaluated for alignment with community economic development plans and their ability to deliver lasting impact. LEADS is managed by the Community, Business and Rural Development Team (regional representatives), who collaborate with applicants throughout the process.
