The North East Economic Development Organization, Inc., which goes by the acronym NEEDO-NM, is the result of a federal program, Stronger Economies Together (SET) funded through the U.S. Department of Agriculture (USDA). SET funding provided facilitated training through the New Mexico State University Extension Service and the USDA to local government officials and economic development agencies throughout the northeast region to encourage a unified regional approach to planning and growing the region’s economy.
Incorporated on January 6, 2012, NEEDO-NM is a 501(c)(3) non-profit economic development corporation which encompasses the seven counties in northeast New Mexico (Colfax, Guadalupe, Harding, Mora, Quay, San Miguel, and Union). We cover the area from Santa Rosa and Tucumcari in the south northeast to Clayton and Raton in the north. This area is known for its diverse and dramatic landscapes with mountain ranges, ranch lands and high country deserts. While seeking to honor our rich heritage of rural lifestyles and “small town” values, we offer economic development possibilities in a number of areas:
- Agriculture and Added Value
- Back Office Support
- Digital Media
- Oil and Gas Extraction
- Renewable Energy
We have friendly rural living, cultural and historic adventures with plenty of wide open spaces that are just waiting for the opportunity to be explored and settled. Please give us a chance to show you why starting or relocating a business in northeast New Mexico might be the best decision you ever made.
NEEDO-NM was created so that communities and counties could pool their resources and address issues on a regional basis. While there is a consensus that following traditional economic models is necessary to increase capital investment by recruiting new companies as well as developing local industries and trade-sector businesses, there is growing interest in non-traditional "out-of-the-box" job creation solutions.
We are in the process of developing strategic goals in each of these areas:
- Business Retention and Expansion
We are meeting monthly to develop strategic goals in each of the above areas and have contracted with Dr. J. Michael Patrick from the New Mexico State University Cooperative Extension Service to assist us in creating our economic development plan for the region. We will be making those strategic goals available on this website in the months ahead and will eventually have the entire economic development plan available.
Future economic growth in our area is going to primarily result from attention to regional needs. We are focused on identifying infrastructure needs, conducting asset mapping and building upon existing resources to create economic development capacity to create economic development capacity through a public/private partnership. Together we can accomplish what would otherwise be impossible for any one business, community or county. Your participation in this process is vital to its success. We welcome representatives from:
- Business and Industry
- Chambers of Commerce
- Economic Development Organizations
- Local, County, and State Governments
and other interested parties. By working in a collaborative manner we can bring about the economic development for which we are each striving.