Home / Our New Mexico / NEW MEXICO MAINSTREET RECEIVES USDA FUNDING TO SUPPORT RURAL ECONOMIC DEVELOPMENT

NEW MEXICO MAINSTREET RECEIVES USDA FUNDING TO SUPPORT RURAL ECONOMIC DEVELOPMENT

By New Mexico Economic Development Department
New Mexico Main Street is receiving grant support from the United States Department of Agriculture (USDA) to provide in-depth services in rural economic development in the communities of Belen, Las Vegas, Raton and Tucumcari. The four rural municipalities are participants in the Great Blocks on MainStreet initiative. Great Blocks on MainStreet starts with the design of public infrastructure improvements and the USDA-supported business development work will help ensure that the public infrastructure investments catalyze private sector investment in businesses and buildings to revitalize the local economy. The total project budget is more than $80,000 with $35,000 in investment from USDA.

New Mexico MainStreet is providing a series of Pláticas (workshops and discussion) by partnering with local MainStreet leaders and economic development partners to target area businesses to talk about starting, financing, and expanding small businesses. The workshops will highlight conditions for doing business in downtown areas, the creative economy, marketing and promotion opportunities, building rehabilitation methods, financing buildings and businesses, and how to develop action plans for businesses and MainStreet districts. Additional technical assistance will include business visits, and in-depth services to businesses to help them refine their goals around strengthening or expanding their businesses. The project hopes to strengthen and protect existing businesses, contribute to business expansions, and create job opportunities in the targeted communities.

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