The Regional Development Corporation (RDC) is a private non-profit, 501 (c) 3, Economic Development Organization (EDO) whose primary service area is Northern New Mexico (NNM). The RDC assists Northern New Mexico communities and small businesses with economic development activities. We work with community leaders to address the increasingly rapid pace of technological, social and environmental change in NNM by assisting communities and industry in managing their economic projects and initiatives.
The principal geographic service area of the RDC includes Los Alamos, Rio Arriba, Santa Fe, Taos, San Miguel, Mora and Sandoval counties and the municipalities and Indian Pueblos therein. However, the RDC also provides programs to other area of New Mexico.
The RDC oversees a number of small business orientated programs in Northern New Mexico, including Empowering Business Spirit Initiative (www.bizport.org), Spacetechsolutions.com/nm, Renewable Energy program (REP), Northern NM Connect (NNMC) & Regional Economic Development Initiative (REDI).
RDC was incorporated in 1996 as a 501(c) (3) , nonprofit economic development organization to serve as the Department of Energy (DOE), Los Alamos Site, “Community Reuse Organization” (CRO). As a CRO, the RDC’s mission is to diversify the economy within the north central New Mexico region. As a result, the RDC maintains a special working relationship with both the DOE and LANL.
Here are brief descriptions of programs within the Regional Development Corporation, that highlight our work in Northern New Mexico
Empowering your Business Spirit Initiative (EBS) - A 20-agency collaborative of business services providers implementing a comprehensive approach to rural entrepreneurial development in the four-county service area of North Central New Mexico. The group’s mission is to make North Central New Mexico a great place to start and grow a business in the 21st Century. Read more on Bizport>>
Space Alliance Technology Outreach Program (SATOP) - This NASA-sponsored technology transfer program is a free service for entrepreneurs and small businesses whose goal is to provide technical assistance (up to 40 hours) and speed the transfer of space technology to the private sector. This is a national program in scope, with SATOP centers located in Texas, Florida, New York, and New Mexico. The RDC provides program management support on this highly acclaimed NASA project for the entire state of New Mexico. Read more>>>
Renewable Energy Program (REP) –Energy production is an important component of New Mexico’s economy, and renewable energy in particular has a tremendous potential to contribute to the state’s economic health. Studies have shown that wind farms and solar plants create more jobs than natural gas or coal plants, consume little or no water in the production process, produce no emissions, and create a stronger local tax base. This program creates strategic partnerships between the private and public sectors to enable more clean energy projects.
Read more on Clean Energy Program >> | Read more on Green Energy NM >>
Northern New Mexico Connect (NNMC) –Since November, 2007, the RDC has been Los Alamos National Laboratory’s (LANL) primary agent for managing economic development activities within northern New Mexico. RDC serves as program administrator and fiscal agent for Los Alamos National Security (LANS) LLC.—LANL’s Managing and Operating contractor. The RDC and LANS LLC developed and launched a major economic development project “Northern New Mexico Connect (NNMC)”. The individual programs within NNMC were developed based on community-driven needs and as a result of strategic focus groups & will provide access to capital, business advisers, market analysis, and networking, in an entrepreneurial friendly eco-system. Read More>>
Regional Economic Development Initiative (REDI) – Through a Regional Economic Development Strategic Plan, REDI will identify and begin to implement concrete economic development projects that will improve the economy and quality of life in the four-county region over the next 25 years. REDI is a first for this region in that it is a collaborative economic development effort of four counties and three cities. In the past, each municipality developed its own economic development plan. The North Central New Mexico Economic Development District is the major teaming partner of the RDC on this project. Read more on REDI >>