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New Approaches to Economic Development: Looking Beyond the Norm: Gojkovich

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This presentation was delivered at NADO's Annual Training Conference, held in Anchorage, Alaska on September 9-12, 2017.

Every day, across the country in both rural and urban regions and communities, new businesses and industries are emerging on the economic development landscape. Entrepreneurs and small business owners are looking beyond traditional sectors and
launching enterprises that are creating jobs and financial security for employees while also providing services and products that are, in some cases, a bit outside the box. This session will share examples of ways RDOs are working with renewable energy,
cannabis, and recreation/tourism businesses in their regions.

Emily Gojkovich, Economic Development Planner, Southwest NM COG, Silver City, NM
Al Lerma, Director, Business Development and Innovation, Sonoma County EDB, Santa Rosa, CA
Teri Provost, Program Analyst, SEDA-Council of Governments, Lewisburg, PA
Jay Trusty, Executive Director, Southwest Regional Development Commission, Slayton, MN, Moderator

Published in: Government & Nonprofit
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New Approaches to Economic Development: Looking Beyond the Norm: Gojkovich

  1. 1. 1Southwest New Mexico Council of Governments
  2. 2.  Serve Four Counties in Southwest New Mexico  Provide Technical Assistance  Help Build Regional Collaboration  Act as Fiscal Agent  Act as a Partnering Non- Profit 2Southwest New Mexico Council of Governments
  3. 3. 3Southwest New Mexico Council of Governments •High Unemployment •Undiversified Economy •Declining Population •Brain Drain •Empty Business Corridors •Declining Tax Base/Budgets •Aging Infrastructure Rural Characteristics
  4. 4. •Senator Bingaman and staff recognized all four counties had similar goals and challenges when it come to energy efficiency and renewable energy. •2010: Green Energy and Jobs Taskforce convened •2013: The Southwest New Mexico Green Energy and Jobs Strategic Plan (“The Plan”) was created •2015: Southwest New Mexico Council of Governments (SWNMCOG) was awarded $250,000 to start the implementation of “The Plan” by EDA •2017: SWNMCOG was awarded a Power Ne Mexico grant to implement Virtual Business Incubator Southwest New Mexico Council of Governments 4
  5. 5. Southwest New Mexico Council of Governments 5
  6. 6. Southwest New Mexico Council of Governments 6 Implementation Funding Total Project Cost $ 512,700 EDA Investment $ 250,000 Local Governments Investment $ 67,500 Power New Mexico Incentive Investment $ 32,700 SWNMCOG/Partners In-kind Investment $ 62,500 388,000 Square Feet of Building Retrofits $91,400 Local Governments Annual Saving
  7. 7. Southwest New Mexico Council of Governments 7 Funded by PNM Shared Training and Services No Travel Times Virtual Business Incubator
  8. 8.  Help with business basics  Networking activities  Marketing assistance  Help with financial management  Access to capital  Links to universities/corporate partners  Business training programs  In-fill of vacant buildings and properties upon graduation Southwest New Mexico Council of Governments 8
  9. 9. Southwest New Mexico Council of Governments 9
  10. 10. Southwest New Mexico Council of Governments 10 Emily Schilling Economic Development Planner 1203 N. Hudson Silver City, NM 88061 (575) 388-1509 emily@swnmcog.org

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