Determination - Regional Development Corporation for the Business Expansion and Retention Program

Santa Fe County approved a two‑year, $250,000 sole‑source contract with Regional Development Corporation (RDC) to deliver the Business Expansion & Retention Program. The program combines bilingual outreach events, administration of 16 micro‑grants per year ($3,000 each), one‑on‑one technical assistance, and a web‑based training platform supplied by Thornebridge Academy. Funding comes from ARPA and must be expended by 12/31/2026. Key deliverables include grant administration, community workshops, bilingual support, online modules, and quarterly performance reporting. • Administer $48K annually in micro‑grants to small businesses in targeted Santa Fe County sectors. • Conduct bilingual outreach events across multiple county locations and provide a part‑time Spanish outreach representative. • Deploy and maintain an LMS with 5 training modules, videos, assessments, and bilingual resources, supported by Thornebridge Academy.