New Mexico Economic Development Department

New Mexico Economic Development Department Expanding opportunity. Supporting businesses. Building a stronger future for New Mexico families.

Whether you are interested in relocating a company to New Mexico or growing your business right here in the state, the New Mexico Economic Development Department is here to help open doors. New Mexico has a talented, diversified workforce; is home to leading institutes of education and research; and has weather, culture and natural beauty that make for a quality of life that is hard to beat. Rural

to metro, manufacturing to agriculture, high-tech to customer service ...see how New Mexico can provide what you are looking for.

The Capital Leverage Grant is now accepting applications, giving advanced technology companies and research institutions...
08/31/2026

The Capital Leverage Grant is now accepting applications, giving advanced technology companies and research institutions a new way to leverage outside investment and accelerate high-impact projects.

Organizations that secure at least $1 million in federal, philanthropic, or private investment can receive at least $1 million in state funding to support growth, innovation, and job creation.

The program is the second offering from New Mexico’s $150 million Research, Development & Deployment (RD&D) Fund and builds on the state’s commitment to growing an innovation-driven economy.

Applications are now open: https://edd.newmexico.gov/divisions-and-offices/tio/capital-leverage-grant/

At Seed & Bloom, growing food is helping grow second chances.Founded by Gunjan Koul, Seed & Bloom is a horticulture and ...
08/27/2026

At Seed & Bloom, growing food is helping grow second chances.

Founded by Gunjan Koul, Seed & Bloom is a horticulture and culinary program inside a New Mexico men’s prison where incarcerated students grow fresh food, learn new skills and help provide produce to families across northern New Mexico.

Support from the Healthy Food Financing Fund helped expand the program’s growing space, creating more opportunity for food, connection and growth.

📸 These photos are from a Seed & Bloom documentary screening at Jean Cocteau Cinema in Santa Fe, highlighting the program and its work to reimagine food and rehabilitation.

08/26/2026

A $1 billion fusion investment is taking shape in New Mexico.
Pacific Fusion has broken ground on its new research and manufacturing campus in Albuquerque. The campus will bring more than 200 permanent jobs and help position New Mexico as a national hub for advanced energy.
And this is just the beginning. Next starts here.

08/25/2026

New Mexico is building what’s next in space. 🚀
BlackVe has opened a new 30,000-square-foot satellite manufacturing facility at MaxQ@Kirtland, expanding its Albuquerque operations and creating 152 high-paying jobs over the next 10 years.
With support from the State of New Mexico through LEDA and JTIP, BlackVe is growing its team and building the next generation of spacecraft right here in Albuquerque. Learn more at https://edd.newmexico.gov/press-releases/blackve-opens-satellite-manufacturing-facility-at-maxq/

New Mexico is making the investments today to lead in the quantum economy of tomorrow.The state is investing $3 million ...
08/24/2026

New Mexico is making the investments today to lead in the quantum economy of tomorrow.

The state is investing $3 million in The University of New Mexico’s Quantum New Mexico Institute to strengthen quantum research, build the workforce and help move discoveries from the lab to the marketplace.

It’s part of New Mexico’s broader strategy to invest more than $450 million in a world-leading quantum ecosystem spanning research, talent, infrastructure and commercialization.

From classrooms to laboratories to new companies, we’re building the talent and infrastructure to make New Mexico a global hub for quantum innovation.

Learn more at https://edd.newmexico.gov/press-releases/state-unm-partner-to-strengthen-new-mexicos-quantum-ecosystem/

08/21/2026

♻️🌎 NMED launches a Circular Economy Plan, backed by $11.5 million in funding! 💰

The initiative advances reuse, resource recovery and stronger New Mexico supply chains—helping build a more sustainable future. 🌱 New Mexico Economic Development Department

🔗 Read more: https://bit.ly/4wH00HE

08/21/2026

💧🚨 $35 MILLION IN WATER FUNDING IS AVAILABLE! 🚨💧

Communities and water project developers can now apply for a second round of Strategic Water Supply funding! 🌊

The New Mexico Environment Department and New Mexico Office of the State Engineer & Interstate Stream Commission are making approximately **$35 million** available to develop, treat and put New Mexico’s brackish water resources to beneficial use. 🌱💦

🔗 Read more: https://bit.ly/4xMzGwv

New Mexico is sitting on serious geothermal potential. Our state ranks #6 in the nation for geothermal potential, with ...
08/21/2026

New Mexico is sitting on serious geothermal potential.

Our state ranks #6 in the nation for geothermal potential, with an estimated 163 gigawatts of capacity driven by the heat of the Rio Grande Rift.

For advanced energy companies looking to innovate, grow and build in New Mexico, our Economic Development team wants to connect.

Learn more and reach out: https://edd.newmexico.gov/programs-and-services/community-development/

When Michelle and Anthony Thomas started A&M Meat Processing in 2015, they were cutting meat until 3 a.m., working full-...
08/20/2026

When Michelle and Anthony Thomas started A&M Meat Processing in 2015, they were cutting meat until 3 a.m., working full-time jobs and pouring everything they had into a dream most banks wouldn’t touch.

Today, A&M is a USDA-certified facility and a lifeline for ranchers across southern New Mexico, giving local producers a way to turn their cattle into a business their families can build on. With USDA certification, local ranchers can sell directly to their communities through butcher boxes, subscriptions and farmers markets, keeping more value and more food close to home.

For rancher Brannon Mobley, it goes beyond business: “Before, we'd send our cattle to the sale barn and that was the end of the line. Now it feels like we're doing something for our community.”

When the Healthy Food Financing Fund helped A&M complete the slaughter floor needed for USDA certification, it didn’t just help finish a facility. It opened the door to opportunity for an entire network of ranching families.

That’s what this work is all about!

Big week for aerospace in New Mexico!Today, Secretary Rob Black joined the Professional Aerospace Contractors Associatio...
08/19/2026

Big week for aerospace in New Mexico!
Today, Secretary Rob Black joined the Professional Aerospace Contractors Association (PACA) Annual Briefing for Industry Conference, speaking on a panel moderated by Luke Davis of Berlin Space Technologies North America alongside Casey Anglada DeRaad of NewSpace Nexus, Chad Matheson of AREA and Eric Truitt of Mantis.
New Mexico is a place where companies can iterate, pilot and test faster, getting products to market faster than almost anywhere else in the country. We were proud to share with PACA all that’s happening across our aerospace and space ecosystem.
The Aerospace States Association (ASA) is also holding its Annual Meeting in New Mexico this week, bringing together aerospace leaders and stakeholders from across the country to discuss policy, workforce development, infrastructure and economic opportunities. Secretary Black provided welcoming remarks and highlighted New Mexico’s strengths as a national leader in aerospace and space innovation.
Pictured from left to right: Luke Davis, Rob Black, Chad Matheson, Eric Truitt and Casey Anglada DeRaad.

Address

Joseph M Montoya Building, 1100 St Francis Drive
Santa Fe, NM
87505

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Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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+15058270300

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