The UNM Economic Development Council (EDC) was established by the President of the University of New Mexico (UNM) to serve as a coordinating entity and think tank for the internal UNM community on economic development matters. STC.UNM has been asked by UNM to take the lead in representing UNM in Economic Development matters. EDC membership consists of representatives from colleges and selected administrative units focused on increasing the economic impact of UNM on New Mexico. The EDC goals include the following:
- Serve as a collaborative center for UNM’s internal economic development initiatives.
- Serve as a resource for the economic development team and the UNM administration on economic development opportunities that correlate with UNM’s core mission of student success and excellence in research.
- Emphasize UNM’s vision of having entrepreneurial economic development across all disciplines.
- Collect and disseminate information about UNM activities related to economic development.
- Raise the visibility of UNM’s role in the economic ecosystem within the UNM campus community.
- Support the expansion of the economic ecosystem in New Mexico, making the state a more attractive location for companies and a positive entrepreneurial climate for entrepreneurs and investors.
The benefits of EDC are anticipated to include:
- More students interested in attending UNM and staying in New Mexico due to increased opportunities.
- Advancing additional research opportunities which will lead to the translation to economic benefit.
- Opportunities for growth in academic areas of excellence within UNM based on increased entrepreneurial economic activity.
- Expansion of UNM’s visibility nationally with the attraction of capital from major venues.
- Greater recognition of UNM’s contributions to regional economic development.