January 13, 2025MORIARTY, N.M. — The New Mexico Economic Development Department and NewBridge Global Ventures (NewBridge) announced today that the Ag Tech company is planning a major expansion in the Estancia Valley to grow and integrate its farming, processing,...
Advanced Energy Award Pilot Program now accepting applications
January 8, 2025SANTA FE, N.M. — Applications are now being accepted for the Advanced Energy Award Pilot Program from the New Mexico Economic Development Department.
State awards job training funds to support up to 122 New Mexico employees
December 20, 2024SANTA FE, N.M. — For the final month of 2024, the Job Training Incentive Program (JTIP) board approved $2.2 million in reimbursement funds to support up to 122 trainees and interns, announced the New Mexico Economic Development (EDD) Cabinet...
New Mexico Celebrates Passage of the EXPLORE Act: A Landmark for Outdoor Recreation and Economic Growth
December 20, 2024SANTA FE, N.M. — The New Mexico Outdoor Recreation Division applauds the historic passage of the Expanding Public Lands Outdoor Recreation Experiences (EXPLORE) Act by the U.S. Senate. This legislation ushers in a new era for the $1.2 trillion outdoor...
EDD’s initiatives invest in high-paying jobs and economic security
December 9, 2024SANTA FE, N.M. — Secretary-Designate Rob Black said on Monday that the New Mexico Economic Development Department (EDD) is asking lawmakers to support proven initiatives that diversify New Mexico’s economy and offer high-paying jobs and a more skilled...
State launches grant to support quantum technologies in New Mexico
December 6, 2024SANTA FE, N.M. — The New Mexico Economic Development Department (EDD) has launched the New Mexico Quantum Technologies Award Pilot Program, a new state grant focused on supporting the growth or relocation of quantum technology companies in or to New...
$6.6 Million in Capital Outlay Funding Awarded to Public Infrastructure Projects in Six New Mexico MainStreet Districts
December 2, 2024Santa Fe, N.M. – Today, the New Mexico Economic Development Department (EDD) and New Mexico MainStreet (NMMS) awarded $6.6 million in Capital Outlay funding to six revitalization projects in affiliated NMMS Districts to improve safety, create vibrant...
EDD awards seven Science & Technology Business Startup Grants
November 25, 2024SANTA FE, N.M. — New Mexico Economic Development Department (EDD) Secretary-Designate Rob Black announced today that the Office of Strategy, Science and Technology has awarded Science & Technology Business Startup Grants to seven burgeoning...
From Trails to Jobs: Outdoor Recreation drives $3.2 billion economic impact in New Mexico
November 22, 2024SANTA FE, N.M. — The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) has released new data exhibiting outdoor recreation’s powerful and positive economic impact on New Mexico’s economy. According to the latest data from the BEA Outdoor...
Shop local and save this holiday season
November 22, 2024SANTA FE, N.M. — The New Mexico Departments of Economic Development, Tourism, and Taxation and Revenue encourage New Mexicans and visitors to shop at small businesses during the holiday season. During the holiday giving season, it’s important to shop...