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EDD Press Releases

State Announces First C-Pace Financing in Santa Fe

October 28, 2024SANTA FE, N.M. – The New Mexico Economic Development Department (EDD) announced today that New Mexico’s first financing under a new program to boost clean and sustainable investments in commercial properties has closed on a historic property in Santa...

$1.2M in State Job Training Funds Approved for October

October 24, 2024SANTA FE, N.M. – The New Mexico Economic Development Department (EDD) approved Job Training Incentive Program funding in October to six businesses in Albuquerque, Santa Teresa, Sunland Park, and Los Alamos to add employees or train existing workers...

New Mexico Outdoor Recreation Businesses Making Waves

October 22, 2024SANTA FE, N.M. – The New Mexico Outdoor Recreation Division (ORD) is publishing a dynamic new editorial project celebrating the vibrant outdoor recreation landscape across the state. New Mexico Outdoor Ventures, features captivating stories of 17...

SBIR Matching Grant Applications Open Oct. 23, 2024

SANTA FE, N.M. – The New Mexico Economic Development Department announces that applications for the FY25 New Mexico Small Business Innovation Research (SBIR) Matching Grant will open on Wednesday, Oct. 23, 2024.

State Launches RFP for Science and Technology Startup Assistance

October 15, 2024SANTA FE, N.M. – The New Mexico Economic Development Department’s Office of Strategy, Science & Technology launched a Request for Proposals (RFP) for contractors to provide sector-specific business assistance in the department’s priority science...

$2.4 Million in State Job Training Funds Approved for September

September 30, 2024SANTA FE, N.M. – Twelve New Mexico companies were awarded job training funds through the Job Training Incentive Program in the September 2024 monthly round of funding, announced New Mexico Economic Development Department Cabinet Secretary Rob Black....

Kairos Power to expand New Mexico operations, create 100 jobs

September 16, 2024ALBUQUERQUE, N.M. – Kairos Power LLC, a mission-driven clean energy technology, engineering, and manufacturing company, is expanding its operations in New Mexico to build three facilities and create 100 jobs. Kairos Power is headquartered in Alameda,...