The Los Alamos National Laboratory Major Subcontractors Consortium (LANL-MSC), in partnership with NMCF, Los Alamos National Security, and the Regional Development Corporation, awarded an economic development grant in the amount of $25,000 to Santa Fe Farmers Market Institute through the LANL-MSC Fund 2016-2017 grant cycle. The LANL-MSC Fund supports economic development projects to regional nonprofit organizations and government and tribal entities in seven NM northern countries.
The Santa Fe Farmers Market Institute was funded to support their Micro Loan Fund and Professional Development Programs. These programs help build capacity of the Santa Fe Farmers Market to be an even stronger engine for regional economic development by keeping food dollars in the local economies of Northern NM, generating significant additional income for the local farmers and value-added producers, and improving access to healthy local food to low-income families.
The LANL-MSC Fund is a collaborative of the 35 largest LANL Subcontractors who pool and designate their individual corporate resources towards diversifying Northern New Mexico’s economy. Specifically, the Consortium’s Economic Development Grant pool, established in 2006, provides LANL subcontractors with a direct mechanism by which to make high-impact investments, collectively, towards the region’s economic development. All Consortium raised dollars for the Grant Pool are matched dollar-for-dollar by Los Alamos National Security. The LANL-MSC Fund is held and managed by NMCF.