Sandoval Economic Alliance

Name

Sandoval Economic Alliance

Legal name

Sandoval Economic Alliance

Website

https://sea-nm.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Business Associations (813910), All Other Professional, Scientific, and Technical Services (54199), Other Similar Organizations (except Business, Professional, Labor, and Political Organizations) (81399)

SIC

Services-Membership Organizations (8600), Services-Management Consulting Services (8742)

akta.pro primary industry

Economic Growth, Livelihoods & Private Sector Development (BPADAEAE)

akta.pro secondary industries

SME & Entrepreneurship Development (Trade-Linked) (BPADAMAE), Economic Research, Statistics & Policy Advisory (BPADAMAJ), Local Entity Setup & Expansion Advisory (Market Entry, Subsidiary Formation) (BPACAHAM)

Keywords

• Economic development services
• Business retention expansion
• Site selection consulting
• Workforce development support
• Incentive program advisory

Headquarters

HQ city

Rio Rancho

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Partnership Membership Dues: SEA generates revenue through tiered partnership packages including Diamond ($25,000+), Platinum ($15,000-$24,999), Gold ($10,000-$14,999), Silver ($7,500-$9,999), Sapphire ($5,000-$6,499), Emerald ($2,500-$4,999), and Ruby ($1,000-$2,499) levels. These partnerships provide access to local economic research, exclusive partner-only events, and networking opportunities with community leaders.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Sandoval Economic Alliance is a not-for-profit economic development corporation that provides free and confidential business attraction, retention, and expansion services for Sandoval County, New Mexico. Its core offerings include the VeriReady certified site program (pre-qualified development sites with uniform documentation), the CORE retention and expansion program for local businesses, Economic Gardening services for stage-two companies, and the SizeUp small business advisory tool. SEA also connects companies with local and state incentive programs (LEDA, Industrial Revenue Bonds, GRIP, TIDD, PID) and workforce research, funded through a tiered private-sector partnership membership program.

Product overview

Sandoval Economic Alliance is a not-for-profit economic development corporation offering a suite of programs and services for business attraction, retention, and expansion in Sandoval County, NM. The organization's portfolio consists of four core programs: Economic Gardening (providing market research and digital marketing analysis for growing stage-two companies), CORE (business retention and expansion support services), VeriReady Sites (a pre-qualified commercial and industrial site certification program), and SizeUp (a small business intelligence and advisory tool). These programs are free and confidential services designed to assist companies with site selection, workforce development, and operational growth.

Differentiator

Problem solved

Functional benefit

Brands

• VeriReady: The verified sites program of Sandoval Economic Alliance, designed to identify both publicly and privately-owned sites throughout Rio Rancho and Sandoval County suitable for development.
• CORE
• Economic Gardening
• SizeUp

Products and services

• VeriReady Sites A verified sites program that identifies and pre-qualifies publicly and privately owned development-ready sites throughout Rio Rancho and Sandoval County, providing uniform documentation including maps, surveys, assessments, audits, and studies to expedite site selection for developers and site selectors. Participation is free, and certified sites are marketed to regional, national, and international site selectors.
• CORE (Community Opportunities Through Retention & Expansion) Business Retention & Expansion program that supports and assists local economic-base companies and rural businesses in Sandoval County with growth, sustainability, and resources. Services include relationship building with business owners, improving the business climate, fostering collaboration, and connecting companies with workforce and incentive resources through R&E services and site visits.
• Economic Gardening A focused growth program for local stage-two companies (10-99 employees, $1M+ in sales) that provides search engine optimization, in-depth market research, industry trends, competitor intelligence, potential markets analysis, and digital marketing services to support growth-stage local businesses.
• SizeUp A Sandoval County Small Business Advisor tool that provides information on numerous topics related to planning, starting, managing, and growing a business, enabling entrepreneurs to explore business topics of interest and discover a roadmap of tasks and processes for entrepreneurial success.

Named customers4 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered core, gold, silver, emerald, sapphire, ruby and business service.

• Sandoval CountycoreStrategic or Co-development PartnerPublic sector investor and fiscal agent for economic development projects. Serves as fiscal agent for major projects like the Geobrugg expansion. County Commission and Economic Development Department support funding prioritization.
• City of Rio RanchocoreStrategic or Co-development PartnerMajor municipal partner in economic development efforts. City Manager Matt Geisel and Mayor Gregg Hull participate in economic initiatives and redevelopment projects.
• NM Economic Development DepartmentcoreStrategic or Co-development PartnerState economic development agency providing LEDA funding and coordinated business attraction efforts. Deputy Secretary Jon Clark involved in major project announcements.
• PNM (PNM Resources)goldStrategic or Co-development PartnerGold tier partner and utility provider. PNM operates the Sandoval County Solar Energy Center with 75,590 solar panels generating 6.4 megawatts.
• New Mexico Gas CompanygoldStrategic or Co-development PartnerGold tier partner and co-sponsor of the 2017 Targeted Industry and Laborshed Study.
• Presbyterian Rust Medical CentersilverStrategic or Co-development PartnerSilver tier partner and major healthcare provider. Recently invested $34.5 million in a three-story, 109,000-square-foot second Physician Office Building.
• CNM (Central New Mexico Community College)emeraldStrategic or Co-development PartnerEmerald tier partner and educational institution. CNM has campuses in Rio Rancho and works with SEA on workforce development and economic goals.
• UNM Health Sciences Rio Rancho CampussapphireStrategic or Co-development PartnerSapphire tier partner and educational/healthcare institution. Dr. Laura Burton from UNM Health Sciences serves on the SEA Board.
• Rio Rancho Public SchoolssapphireStrategic or Co-development PartnerSapphire tier partner and educational institution. Michael Baker from RRPS serves on the SEA Board. District ranked #2 in New Mexico by Niche.
• Geobrugg North AmericarubyStrategic or Co-development PartnerRuby tier partner and manufacturing anchor in Algodones. Pierce Runnels serves as Past Chair on SEA Board. Geobrugg has grown to over 100 employees with $8.8M expansion.
• Albuquerque Regional Economic Alliancebusiness serviceStrategic or Co-development PartnerBusiness service partner for regional economic development coordination.
• NM Manufacturing Extension PartnershipsapphireStrategic or Co-development PartnerSapphire tier partner providing manufacturing support services.
• BioScience Center & FatPipe NMbusiness serviceStrategic or Co-development PartnerBusiness service partner supporting bioscience and technology sector development.
• NMBiobusiness serviceStrategic or Co-development PartnerBusiness service partner for bioscience industry development in New Mexico.
• NM APEX Acceleratorbusiness serviceStrategic or Co-development PartnerBusiness service partner providing accelerator and business development support.
• New Mexico Partnershipbusiness serviceStrategic or Co-development PartnerBusiness service partner for statewide economic development coordination.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Others

• International Economic Development Council: Professional association for the economic development profession. Relevant as the ecosystem body that codifies best practices (including certified-site programs akin to VeriReady) used by EDOs like SEA.
• Site Selectors Guild (member EDOs): Industry association of professional site-selection consultants whose members are SEA's primary marketing audience. Relevant as the channel through which competing EDOs (and SEA) compete for inbound deal flow.
• NMBio: New Mexico bioscience industry association and SEA business-service partner. Comparable as an industry-cluster advocate supporting life-sciences business attraction and policy engagement.

Direct peers

• Metro Denver Economic Development Corporation: Regional EDO running certified-site, workforce, and incentive programs for the Denver metro area. Mirrors SEA's VeriReady and labor-shed research offerings at a larger scale.
• Albuquerque Regional Economic Alliance (AREA): Regional economic development organization explicitly partnered with SEA on regional coordination. Directly comparable in mission — site selection, business attraction, retention, and incentive navigation across the Albuquerque region.
• Greater Phoenix Economic Council: Public-private regional EDO marketing the Phoenix metro to corporate site selectors with a similarly structured partnership model. Comparable in delivering site certification, workforce research, and incentive navigation.
• New Mexico Partnership: Statewide public-private economic development organization marketing New Mexico to relocating and expanding companies. Listed as an SEA business-service partner and competes for the same site-selector attention at the state level.
• NM Economic Development Department: State agency administering LEDA, IRBs, and business attraction programs. Core SEA partner that also independently markets New Mexico to site selectors, making it the most direct functional peer in incentive delivery.

Emerging players

• BioScience Center (Albuquerque): Life-sciences incubator and business service partner of SEA supporting bioscience tenant growth. Overlaps with SEA's targeted-industry cluster strategy for life sciences in Sandoval County.

Regional players

• Greater Albuquerque Chamber of Commerce: Regional chamber and economic development advocate serving the Albuquerque Metro Area, including Rio Rancho. Comparable in promoting business attraction and retention across an overlapping geography with Sandoval County.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/SandovalEcon
• Facebookfacebook.com/SandovalEconomicAlliance
• LinkedInlinkedin.com/company/sandoval-economic-alliance
• Instagraminstagram.com/sandovaleconomicalliance

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sandoval Economic Alliance