Join us and the Black Chamber of Commerce of New Mexico, NM SBDC, New Mexico's MBDA and more for a business roundtable tomorrow in #Roswell! We will be at ENMU 9 am - 3 pm lunch provided!
New Mexico Economic Development Department
Government Administration
Santa Fe, New Mexico 2,935 followers
Businesses prosper and their employees enjoy happy and healthy lifestyles in New Mexico.
About us
The New Mexico Economic Development Department enhances and leverages a competitive environment to create jobs, develops the tax base and provides incentives for business development. Since 2011, we've made New Mexico's business climate one of the best in the country. We've cut taxes 61 times, including a 22% decrease to the Corporate Income Tax. We've also enacted Single Sales Factor for headquarters and manufacturers and we've ended tax pyramiding on consumables for manufacturing. We've expanded our deal closing fund, LEDA. LEDA funds are used to offset business expenses in expansions or relocation – like construction and infrastructure. We've also expanded and strengthened our highly rated Job Training Incentive Program (JTIP). This award-winning workforce training program has demonstrated strong performance since 1972. JTIP funds training for newly-created jobs in expanding or relocating businesses for up to 6 months and reimburses 50-75% of employee wages. These pillars are supplemented by various powerful tools such as High Wage Jobs Tax Credit, Investment Tax Credit, R&D Tax Credit, and Industrial Revenue Bonds. New Mexico is strategically located with proximity to the West Coast, Mexico, Texas, mountain states, and the Midwest. Ideal for a broad array of business, New Mexico’s mild weather and low risk for natural disasters permits continuity of business operations, as well as a great place to live, work, and raise a family.
- Website
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http://EDD.NewMexico.gov
External link for New Mexico Economic Development Department
- Industry
- Government Administration
- Company size
- 51-200 employees
- Headquarters
- Santa Fe, New Mexico
- Type
- Government Agency
- Specialties
- Economic Development, Community Development, and Workforce Development
Locations
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Primary
1100 S. St. Francis Drive
Santa Fe, New Mexico 87505, US
Employees at New Mexico Economic Development Department
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Jennifer Myers
Community, Business & Rural Development Team Leader at the NM Economic Development Department
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Paige Ryan
Community, Business & Rural Development Representative
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lauren longworth
Marketing/Public Relations Specialist at Economic Development Department, State of New Mexico
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Louise Marquez
LEDA Specialist/Regional Rep for Southwest New Mexico - Region 5
Updates
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New division has a new leader! Congratulations to Shani Harvie. We've had the pleasure of working with her for the past 5 years at EDD and are super excited to announce that Shani is the new Creative Industries Division director. #NMEcon #NMCreative https://lnkd.in/gHTknks5
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Welcome to our Meet and Greet video! Our regional reps are your first stop for EDD assistance with your business or in your community. Reps are EDD's local boots on the ground to make sure every part of NM has equal access to our programs. #NMEcon
Regional Reps Social Media Video
https://www.youtube.com/
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On this opening day of Special Legislative Session, I implore the legislature to recognize the incredible opportunity at hand. New Mexicans are desperate for solutions to the state’s crime problem. We can help by increasing penalties for felons found in possession and closing loopholes that allow defendants found mentally incompetent to return to the scene of the crime. Let’s work together to end this cycle of violence. This. Can’t. Wait. #ActNow #PublicSafety #ThisCantWait #NMLEG Visit https://lnkd.in/gvMSrgE5 for more information.
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On this opening day of Special Legislative Session, I implore the legislature to recognize the incredible opportunity at hand. New Mexicans are desperate for solutions to the state’s crime problem. We can help by increasing penalties for felons found in possession and closing loopholes that allow defendants found mentally incompetent to return to the scene of the crime. Let’s work together to end this cycle of violence. This. Can’t. Wait. #ActNow #PublicSafety #ThisCantWait #NMLEG Visit https://lnkd.in/gvMSrgE5 for more information.
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New Mexicans are desperate for solutions to the state’s crime problem. Let’s work together to chip away at this cycle of violence. THIS CAN’T WAIT. #PublicSafety #NMLEG #SpecialSession Visit NM.gov to learn more.
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The rising crime rate in New Mexico is simply unacceptable. The Special Session gives us an opportunity to give law enforcement tools they need to better protect our communities. #ThisCantWait #PublicSafety #DemandAction #NMLEG Visit NM.gov for more about the Special Session.
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Just announced! July approved state job training awards for 11 New Mexico companies to hire and train up to 93 New Mexico employees. JTIP is a training reimbursement program and applications are approved monthly. #JTIP #NMJobs #NMEcon Read the full press release: https://lnkd.in/gtqKGAwm
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Tell your lawmakers one working weekend in Santa Fe is worth years of increased safety for New Mexicans. This. Can’t. Wait. Visit https://lnkd.in/gvMSrgE5 for more information.
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The Greater Albuquerque Chamber of Commerce supports Gov Michelle Lujan Grisham's Special Legislative Session public safety package which will help make New Mexico a safer place to do business and raise a family. Read more in Del Esparza’s Santa Fe New Mexican Op-ed: https://lnkd.in/d_i8NZFC