Douglas Regional
Economic
Development
awarded $50,000


Published/Last Modified on Wednesday, March 2, 2011 2:29 PM MST


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.

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