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Santa Fe EDC adopts formal SOP for BEAR incentive applications
Summary
The Santa Fe Economic Development Corporation voted to approve a written standard operating procedure for processing BEAR grant applications after formalizing steps for intake, committee review and board recommendation.
The Santa Fe Economic Development Corporation voted to approve a formal standard operating procedure for handling BEAR (Business Expansion Assistance & Retention) program applications during its May 27 meeting at City Hall.
The policy sets an intake and review workflow: the executive director will check applications for completeness, circulate complete files to all board members, compile board questions, forward materials to the BEAR committee for further review and then schedule a meeting between the committee and the applicant. The committee’s recommendation will appear on…
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