Economic Development

Economic Development Banner

The Mid-Region Council of Governments works with regional economic development organizations to promote and facilitate coordination among the numerous entities.

Five-Year Strategy

Comprehensive Economic Development Strategy (CEDS)

MRCOG produces the Comprehensive Economic Development Strategy (CEDS), which is a strategy-driven plan for regional economic development.

New Mexico Development Alliance

Metro New Mexico Development Alliance Logo

The MRCOG is a partner organization of the Metro New Mexico Development Alliance.

Ingenuity Central Logo

Visit our regional economic development website targeting site selectors. Go to Ingenuity Central.

New Mexico Business Calendar Logo

For a list of events and business resources in the region, view the Central Region New Mexico Biz Calendar.

Economic Development Administration Funding

MRCOG also assists with preparation of EDA funding applications and staff are available to conduct EDA grant administration. Examples of recent EDA-funded projects in SPDD 3.

  • ACCION: $1,750,000 for the construction of a three-state headquarters building
  • All Indian Pueblo Council: $1,000,000 for sewer and water infrastructure at the historic Indian School site to spur job creation and private investment in an underdeveloped area
  • First Choice Community Healthcare: $1,000,000 to develop the South Valley Health Commons and a workforce training pipeline of health workers.
  • InnovateABQ/STC.UNM: $1,500,000 to purchase land at Broadway and Central to develop a technology and innovation district.
  • KESHET: $1,000,000 to purchase and develop the Keshet Ideas and Innovation Center (KIIC) performing arts incubator.
  • MRCOG: $180,000 Planning Grant for three years (2016-2018)
  • New Mexico Community Capital: $350,000 for the Impact New Mexico Business Growth Services program-providing entrepreneurial support for small businesses in rural and underserved areas of New Mexico
  • Sandia Science and Technology Park: $1,100,000 for infrastructure improvements to enable more retail and services
  • Santo Domingo Pueblo: $1,000,000 for the rehabilitation and construction of historic trading post
  • University of New Mexico: $1,100,000 for construction of the 3rd bay of a clean room at the Manufacturing Technology Training Center
  • WESST: $1,250,000 to construct the WESST Enterprise Center in Downtown Albuquerque

Coordination & Communication

MRCOG works with all of the many economic development organizations in the region to promote and facilitate coordination among the numerous entities.