SILVER CITY, N.M. (AP) — The New Mexico Economic Development Department will award up to $50,000 to business incubators that come up with the best programs to help outdoor recreation ventures that are in their early stages.
The program was announced Thursday during the Outdoor Economics Conference in Silver City.
The business incubators will have until Oct. 25 to respond if they’re interested in the state’s request of proposals.
Cabinet Secretary Alicia J. Keyes says her agency will work with the incubators to help entrepreneurs in the burgeoning industry expand and create jobs.
Officials are hoping to focus on businesses that offer services such as guided tours or gear rentals, or products like fishing rods, bikes and technical apparel. They’ll also be giving special consideration to ideas that support rural areas or take regional approaches.