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Reinventing Our City: Albuquerque economy in life-or-death struggle, development expert says (Video) – Albuquerque Business First

Posted by on Aug 10, 2014 in Press, Print | 0 comments

Enlarge Photo Randy Siner | Albuquerque Business First Debbie Johnson, a longtime Albuquerque entrepreneur and advertising executive, is the director of Central New Mexico Community College’s new Office of Education, Entrepreneurship and Economic Development. “We are in a crisis, and I think it has gotten everybody’s attention,” she said at the Reinventing Our City conference sponsored by Albuquerque Business First. But that expansion won’t occur unless the city’s business, political and community leaders believe they can work collectively to change the economy, Lautman said during a presentation at the Reinventing Our City conference sponsored by Albuquerque Business First. See the accompanying video for more.Albuquerque’s economy is in a life-or-death struggle, and the metro area must take action to expand its economy, economic development expert Mark Lautman said Thursday. “This is a life-or-death issue for the community right now,” Lautman said. “Do...

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Getting beyond ‘a mediocrity mill’: leaders sound off at second Reinventing Our City conference Video – Albuquerque Business First

Posted by on Aug 10, 2014 in Press, Print | 0 comments

View Photos Randy Siner | Albuquerque Business First Economic development expert Mark Lautman hosted the second Reinventing Our City event with Albuquerque Business First. Dennis Domrzalski Reporter-Albuquerque Business First Email  |  Twitter  |  LinkedIn  |  Reporter RSS Feed Cities that have successfully reinvented themselves and grown their economies recognize that failure is part of the path to success. After all, not every idea or startup succeeds. But in Albuquerque, failure — even one — can be fatal, city of Albuquerque Economic Development Director Gary Oppedahl said Thursday. “In other places, failure is an integral part of the process. In Albuquerque it’s a tombstone,” he said at the Reinventing Our City conference sponsored by Albuquerque Business First.See the accompanying slideshow for photos from the event. Albuquerque’s attitude toward failure and its aversion to risk has turned the region into “a mediocrity mill,” Oppedahl added. Oppedahl was one of...

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Legislative committee approves $73.4 million job-creation package – Albuquerque Business First

Posted by on Jul 24, 2014 in Press, Print | 0 comments

  Jul 24, 2014, 2:10pm MDT Legislative committee approves $73.4 million job-creation package Enlarge Photo Randy Siner | Albuquerque Business First A legislative committee charged with developing a strategy to create a massive amount of new, money-importing jobs in New Mexico has approved a $73.4 million wish list to get the process started. The Interim Legislative Jobs Council Committee unanimously approved the 10-point proposed package on July 23 during a meeting in Albuquerque, said Mark Lautman, the economic development expert the Jobs Council has hired to lead its effort. Dennis Domrzalski Reporter-Albuquerque Business First Email  |  Twitter  |  LinkedIn  |  Reporter RSS Feed A legislative committee charged with developing a strategy to create a massive amount of new, money-importing jobs in New Mexico has approved a $73.4 million wish list to get the process started. The list includes boosting the state’s closing, or LEDA fund, to $50...

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New Sandoval County economic development group launched | Albuquerque Journal News

Posted by on Jul 7, 2014 in Press, Print | 0 comments

ALBUQUERQUE, N.M. — Months of discussions between Sandoval County Commissioners, local business people and Rio Rancho city officials have come to fruition with the creation of the Sandoval Economic Alliance, a nonprofit organization tasked with bringing jobs and business to the county. The Economic Alliance will build on work done by the Rio Rancho Economic Development Corp. which ceased operations on Monday, said Joe Sierra Rio Rancho Market President for Century Bank. Sierra is the chairman of the 14-person Economic Alliance board which includes Rio Rancho City Manager Keith Riesberg, Sandoval County Manager Phil Rios and representatives from local businesses such as Intel, Hewlett-Packard, US Bank and Don Chalmers Ford. Before disbanding, the RREDC board of directors voted to transfer all of its assets and intellectual property to Sandoval Economic Alliance, Sierra’s release said. In an interview, Sierra said...

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New nonprofit focuses on RR, county economy | Albuquerque Journal News

Posted by on Jul 7, 2014 in Press, Print | 0 comments

Bye bye Rio Rancho Economic Development Corp., hello Sandoval Economic Alliance Inc. Months of discussions between Sandoval County commissioners, local business people and Rio Rancho city officials have come to fruition with the creation of a new nonprofit organization tasked with bringing jobs and businesses to the county and its largest city. Sandoval Economic Alliance Inc. will build on work done by the Rio Rancho Economic Development Corp., which ceased operations on Monday, said Joe Sierra, Rio Rancho Market President for Century Bank, in a news release issued Thursday. Sierra is the chairman of the 14-person Economic Alliance board that includes Rio Rancho City Manager Keith Riesberg, Sandoval County Manager Phil Rios and local representatives from businesses such as Intel, Hewlett-Packard, US Bank and Don Chalmers Ford. The release said the organization will work on adding jobs that bring...

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