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State Awards SBIR/STTR Grants to 7 Innovative Businesses

February 13, 2024SANTA FE, N.M. – The New Mexico Economic Development Department, through its Office of Strategy, Science and Technology (OSST), has awarded SBIR/STTR Matching grants to seven companies to support innovation development and jumpstart commercialization.

Cinelease Picks New Mexico for Major Expansion

February 12, 2024ALBUQUERQUE, N.M. – Gov. Michelle Lujan Grisham and executives at Cinelease, Inc. and Cinelease Studios announced today that the entertainment service company has chosen its Albuquerque site for a new investment and significant expansion.

State Economic Assistance Supports Integrated Cannabis Business

February 5, 2024CLOVIS, N.M. – The New Mexico Economic Development Department (EDD) has granted assistance from the Local Economic Development Act (LEDA) job-creation fund to Vana LLC, a women- and family-owned cannabis manufacturing business. Vana, established in...

First 2024 Job Training Awards Announced

January 18, 2024SANTA FE, N.M. – The New Mexico Economic Development Department (EDD) has kicked off 2024 Job Training Incentive Program (JTIP) awards by approving over $1.3 million in funding to support the workforce training of 87 New Mexicans in various aspects of...