The Economic Impact of SV Economic Development Center on the Bernalillo County Economy

The University of New Mexico?s Bureau of Business and Economic Research (BBER) was commissioned by the Rio Grande Community Development Corporation (RGCDC) to estimate the economic impact of businesses affiliated with the South Valley Economic Development Center (SVEDC) on the Bernalillo County economy for Calendar Year 2010. SVEDC-affiliated businesses are defined as businesses that are currently using or have formerly used SVEDC resources. SVEDC current tenants or service recipients: 77 SVEDC graduates: 32 Total beneficiaries: 109 Total business employment impact: 298 jobs Total wages and salary impact: $3.93 million Total business activity impact: $8.97 million (Authors: Doleswar Bhandari)