CIDC receives marketing money
Last updated 7/17/2021 at 2:03pm
CLOVIS The Clovis Industrial Development Corporation (CIDC) has received $12,500 for marketing activities targeting business recruitment from the New Mexico Economic Development Department (EDD), according to an EDD news release.
The funds to the CIDC come from $260,000 that the EDD awarded to 15 economic development organizations statewide for fiscal 2022, which ends June 30, 2022, through EDD’s Local Economic Assistance and Development Support program.
LEADS funding is “intended to create jobs through recruitment, retention, expansion, and startup activities; develop the tax base; and provide incentives for business development,” the news release said.
To qualify, an organization must be part of an economic development effort that includes public and private sector participation and has demonstrated ability to produce growth; have a current local economic development plan and marketing program; and be loc
Curry County economic report shows improvement
Last updated 6/15/2021 at 2:21pm
The pandemic isn’t quite over, but as more and more people get the vaccine and are able to get out and back to normal the state and Curry County’s economies are beginning to see upward trends.
The New Mexico Economic Development Department recently released the latest of its quarterly economic reports for the state and all 33 counties. The May 2021 reports include data through the third quarter of fiscal year 2021: January, February, and March.
This is the fifth in a series of quarterly economic summaries that began in May 2020. The series provides a vivid picture of the effects the pandemic and associated public orders have had on the state’s economy. The May 2021 reports provide the first indicator of economic recovery.
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