Bureau of Business and Economic Research

Document Type

Technical Report

Publication Date

11-1-2011

Sponsorship

Rio Grande Community Development Corporation

Publisher

University of New Mexico, Bureau of Business and Economic Research

Abstract

UNM-BBER was commissioned by the Rio Grande Community Development Corp. to estimate the economic impact of SVEDC-affiliated businesses (defined as businesses that have ever used the SVEDC business incubator resources) on Bernalillo County, NM. In 2010, SVEDC-affiliated businesses directly generated $5.5 million in business activity, 267 jobs, and $2.8 million in salaries and benefits in Bernalillo County. The total economic impact was estimated to be $8.97 million in business activity, 298 jobs and $3.93 million in labor income.

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