The Arizona Commerce Authority has awarded $50,000 to the Douglas Regional Economic Development Corporation to initiate projects that will support economic development through job growth and capital investments.
“In the coming years, economic activity in the Douglas region will take place through the increase of trade in the border region resulting in the demand for transportation and distribution services provided at the border and retail and consumer spending by our neighbors to the south,” said Mr. Daniel Ortega, Chairman of the Douglas Regional EDC, “the award of the grant will allow us target specific industries and markets relative to the region’s traits.
Targeted industries will include; Professional Services in Logistics and Transportation, Warehouse & Distribution Centers, Border Security Technologies; Renewable Energy. In addition the Douglas Regional Economic Development Corporation will identify key businesses that wish to maintain U.S. operations but with ‘On the Border’ presence to serve the manufacturing sector in Northern Mexico
Grant recipients were selected based on a competitive application process, with each application comprehensively analyzed by a review committee comprised of members of the Arizona Rural Business Advisory Council. The selection committee determined the winners based on the following criteria:
1. Job Creation
2. Leveraged Dollars
3. Aggressive Timeline and Ability to Start Project Quickly
4. Cost Effectiveness
5. Sustainability of the Project
6. Regional Impact
7. Management and Administrative Capacity
The Douglas Regional Economic Development Corporation, a 501(c)(6) tax-exempt nonprofit, has been created to serve and position the Douglas region as a bi-national competitive market place for Industry and Trade as well as Good and Services for the creation of wealth for generations to come. The mission of the Douglas Regional Economic Development Corporation is to promote the development of industry, trade and commerce for the diversification of the region’s economic base and raising the standards of living and quality of life in the greater Douglas region.
