FOUR CORNERS, NM Economic Development:
News

A regional Broadband Future Conference, organized by Four Corners Economic Development and the Alliance for Navajo Broadband, was held to promote collaboration in providing stronger internet services for the Navajo Nation.The full-day event, which was held Tuesday at San Juan College’s Henderson Fine Arts Center, featured speakers from broad-ranging agencies,...Continue Reading

Whatever business you're in, repeat customers are your best and most profitable customers. That's true if you're a retailer or restaurant, or a franchisor looking to expand your locations. For restaurants and retailers, it means re-defining success. With so many options available to customers, year-over-year sales growth is too short-term...Continue Reading

On a single day late last month, 4CED was notified it is the recipient of two large economic development grants. The grants support 4CED with vital additive funding that will accelerate its strategic plans for attracting new jobs and business to San Juan County.The first grant is for $25,000 from...Continue Reading

The U.S. Department of Agriculture (USDA) is seeking information from the public on procedures for quantifying, reporting, and verifying the effect of climate-smart farming practices on the greenhouse gas (GHG) emissions associated with U.S.-grown biofuel feedstock crops. The input is being collected through a Request for Information to establish voluntary...Continue Reading

At the National Rural Grocer’s Summit today, U.S. Agriculture Secretary Tom Vilsack announced that USDA and Reinvestment Fund are launching a new program under the Healthy Food Financing Initiative (HFFI) to increase access to healthy foods in communities underserved by grocery stores. Funding for the new Food Access and Retail...Continue Reading

Tourism can be a powerful engine for economic development, driving revenue, creating jobs, and revitalizing communities. This article explores various strategies and provides real-life examples of successful tourism initiatives that have significantly impacted local economies.Case Studies in Community InvolvementStay-Cation Success in Los Angeles, CALos Angeles has embraced the trend of...Continue Reading

The U.S. Department of Agriculture (USDA) today announced resource enhancements designed to simplify and streamline access to contracting information for businesses interested in selling their products and services to USDA. These substantial updates include the addition of new and targeted contracting information on USDA.gov, along with improved functionality that makes...Continue Reading

Analysis is not a department, it’s everyone’s job. For best results, question every decision, every process and those regular tasks in your business that you’ve always done. Make sure every path you take is the best one to take at any given time. No one sleepwalks their way to success...Continue Reading

The New Mexico Outdoor Recreation Division (ORD) of the Economic Development Division (EDD) has partnered with CNM Ingenuity’s ActivateNM to create ActivatOR Outdoor Recreation Growth Accelerator, a free business accelerator tailored to established outdoor recreation businesses and startups located in or expanding to New Mexico.The first three weeks of the...Continue Reading

Ramping Up an FDI Attraction Strategy Attracting international investment can seem daunting, especially for economic development organizations (EDOs) new to the endeavor or with limited staffing resources. However, successfully attracting foreign direct investment (FDI) to your locale typically provides generous returns. While FDI attraction presents a unique set of challenges, at...Continue Reading

The United States dominated global semiconductor production in the 1980s and early 1990s with companies like Intel, IBM, and Texas Instruments leading the way. About 37 percent% of the world’s chip were manufactured in U.S.-located fabrication plants (fabs) in 1990. While most chips and silicon wafers are still designed in...Continue Reading

The New Mexico Economic Development Department (EDD) announced today that the new Quarterly Economic Summary reports for May 2024 in all 33 counties and statewide are now available on the EDD website.Data is based on matched taxable gross receipts (MTGR), considered the best tax data available to show underlying economic...Continue Reading

Site selection seems like a straightforward process. But in reality, it is often complicated by a proliferation of individuals and firms branding themselves as site selectors without the requisite experience or expertise. This saturation has led to a buyer-beware market, where the ease of entry into the profession has diluted...Continue Reading

Middle and high school students are diving into STEM and connected careers through the GenCyber course at San Juan College’s annual Kids Kollege.This year, enrollment at Kids Kollege is between 1,800 and 1,900, a continued rise since 2020 when enrollment was at 31 students, said Liesl Dees, director of the...Continue Reading

The Aztec Chamber of Commerce is hosting its 2024 Bootlegger’s Ball, its first gala since before COVID-19.The 1920s-themed event on June 8 will feature the chamber’s annual meeting, dinner, and awards for educator, citizen, and business of the year. In addition, there will be a cash bar, live music, silent...Continue Reading

Embarking on the journey of event planning can often feel overwhelming. But fear not! The Visit Farmington team is ready to assist you with our free meeting and convention services. Let’s shed light on Visit Farmington's array of complimentary services, designed to transform your event into an unforgettable experience. From...Continue Reading

New Mexico MainStreet representatives from Santa Fe met with Aztec officials Monday to discuss initial projects for partnering as Aztec strives for a business-friendly image.The Leanor hotel and Rustic Creations and Feed Store were visited by representatives and city officials.New Mexico MainStreet director Daniel Gutierrez and deputy director Lucas Pedraza...Continue Reading

Podcasting is a $25 billion industry, and top podcasts have a lot in common — from length to number of episodes to cover art.Now a new study by software company Podcastle pinpoints these similarities to help new and seasoned podcasters have a better shot at producing a successful show.The U.S.-focused...Continue Reading

A groundbreaking ceremony was held Tuesday for the Exceptional Community Hospital, 3670 Pinon Frontage Road in Farmington. A crowd of about 75 people gathered to celebrate the new Exceptional Community Hospital that will serve the Four Corners.Bruce McVeigh, chief operating officer for Exceptional Healthcare Inc., opened the proceedings on the...Continue Reading

The May 2024 Job Training Incentive Program (JTIP) funding was approved to provide 13 New Mexico companies with over $6 million in potential training funds. This month’s record allotment of funding will support up to 405 New Mexico employees.Read the full article here.Continue Reading

Economic development is intrinsically linked to the strength and adaptability of the local workforce. As economies evolve, it becomes crucial for economic developers to implement strategies that not only address current labor market needs but also anticipate future demands. Let’s dive into practical ways that economic development organizations can support...Continue Reading

U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced that USDA is funding 47 projects in 23 states to improve access to reliable electricity and clean drinking water for more than one million people and create good-paying jobs across the nation. The announcement was made during President Biden's Infrastructure...Continue Reading

The New Mexico Energy, Minerals and Natural Resources Department announced the recipients of a new grant for energy efficient projects in lower-income communities.The Community Energy Efficiency Development Program grants will deliver a total of $11.8 million to eight projects across the state. The program was created in 2022.The program is...Continue Reading

The Economic Development Department (EDD), in partnership with statewide program administrator Adelante Consulting Inc., has launched a website for the state’s Commercial Property Assessed Clean Energy (C-PACE) Program.C-PACE is a financing structure enabled by state statute and local ordinance that provides eligible property owners with access to long-term fixed-rate financing...Continue Reading