NEW MEXICO ECONOMIC DEVELOPMENT DEPARTMENT
Learn about the collaborative efforts of N.M. state agencies.
See press release and photos from the announcement.
Empower and Collaborate - New Mexico's Economic Path Forward: A Comprehensive Statewide Strategic Plan
The Community, Business & Rural Development staff (CBRD) are located in the regions they serve in every corner of the state. They assist businesses and communities in a broad variety of economic development needs. Learn more about CBRD.
More plains than peaks, this region’s serene, short-grass prairie is dotted with hidden lakes. Once the domain of Santa Fe Trail pioneers and cattle barons, the northeast remains home to working ranches, dairy production, storied stops along Route 66, and the state’s large portfolio of wind farms.
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Our regional economic development expert can help with your professional questions.
Tim HagamanMora Office(505) 862-2322Tim.Hagaman@state.nm.us
This region is home to many of New Mexico’s tribes, pueblos, and nations including the Navajo Nation, Zuni, the state’s largest pueblo, and the Jicarilla Apache Nation. Internationally recognized arts and culture combine with outdoor recreation, plus oil & gas resources and a growing renewable energy portfolio, including a 50-megawatt facility slated to be the third-largest solar project on tribal land in the nation.
Lorraine RugglesBernalillo Office(505) 490-7662Lorrainel.Ruggles@state.nm.us
Albuquerque, abbreviated as ABQ, is the most populous city in the U.S. state of New Mexico. Home to the University of New Mexico, Sandia National Laboratories, Kirtland Air Force Base, and several major healthcare employers, the economy of Albuquerque centers on science, medicine, technology, commerce, education, entertainment, and culture.
Max GrunerAlbuquerque Office: (505) 412.5036Tribal LiaisonMax.Gruner@state.nm.us
Known for its stunning outdoor recreation, this region offers epic blue skies, snowy mountain peaks, incredible vistas at White Sands National Monument, and the irresistible spectacle of Carlsbad Caverns National Park. Industries include oil and gas, tourism, and energy, along with arts, culture, and history that range from fine art to the truly out-of-this-world UFO culture.
Jim LuceroPortales Office(575) 749-5336Jim.Lucero@state.nm.us
Traditionally a region for mining, agriculture, and trade, this region has significantly diversified while maintaining its roots. Agriculture and value-added production, including around its world famous green chile and pecans, play a major economic role in the region as does aerospace and aviation, arts and culture, and a quickly growing port of entry with Mexico. Plus a more galactic port of entry in the form of Spaceport America.
Louise MarquezLas Cruces Office(575) 430-1232Louise.Marquez2@state.nm.us
Known for tremendous natural beauty, northern New Mexico is home to mountain landscapes, natural hot springs, and wild rivers, all of which have drawn artists for generations to Abiquiú, Santa Fe, and Taos. Eight Native American pueblos dot the region, and six ski areas draw visitors for year-round recreation. Tourism and travel play a large part in the region economically, as does film & TV production, ranching, and outdoor recreation.
Peter MitchellSanta Fe Office(505) 827-2199 or (505) 570-7796Peter.Mitchell@state.nm.us
An ideal climate, three national research laboratories, three US Air Force Bases, the internationally recognized Spaceport America, and three testing facilities plus 15,000 square miles of restricted air space all combine to create a superior environment for aerospace and aviation companies.
“Our Virgin Galactic adventure has been intertwined with New Mexico and Spaceport America right from the start.
New Mexico will become one of the very few places on this beautiful planet of ours, which regularly launches humans into to space.”
With $5.75 billion being invested as part of production centers created by Netflix and NBCUniversal, New Mexico is a rapidly accelerating media hub and offers beautiful locations, history, culture, and one of the largest crew bases in the country, plus a very generous refundable tax credit.
“New Mexico provides an outstanding production and business environment in close proximity to Los Angeles with some of the best crews and creative talent in the world.
It allows us to be more nimble in executing our production plans while cementing the status of the region as one of the leading production centers in North America.”
The state’s deep bench in intelligent manufacturing includes tech industry leaders like Intel along with homegrown companies. Low risk of weather events and a stable, dry, high altitude climate combine with customized incentives to make New Mexico a top tier option for advanced manufacturing.
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Home to 5 national forests, 15 national parks and monuments, 34 state parks, and 26 wilderness areas, New Mexico’s outdoor industry covers everything from swimming to skiing, stargazing to hot air ballooning, and a range of stunning landscapes and cultural and historical sites.
With 300+ days of sunshine annually, the state contains tremendous untapped solar capacity, not to mention a growing wind and biothermal energy sector, too. As of 2020, renewable energy provided 27% of the state’s utility-scale net generation.
Chile Capital of the World, check. We're also recognized for cattle ranching and farming, and New Mexico leads in dairy production (top 10 in milk, top 5 in cheese), growing pecans, pistachios, and peanuts, creating gold medal craft beer and wine, and a fast growing farm to table and organic produce industry.
Biosciences make up more than one-half of all R&D conducted in New Mexico, and there is a strong pipeline from the state’s 3 major research institutions as well as tech transfer initiatives into 600+ companies and organizations.
Both of the state’s U.S. Department of Energy labs conduct extensive research in cybersecurity, complemented by work done at the Air Force Research Lab and White Sands Missile Range as well as New Mexico Tech, University of New Mexico, and a growing cluster of firms in the cybersecurity industry.
New Mexico exports more than $3.5B in goods worldwide. Computer & electronic products, at $2B, is the largest category of products exported. The state is also a destination for foreign direct investment, with companies including CN Wire, Admiral Cable and Rhino Health manufacturing products here.
LGD will host a pre-application webinar to provide information to all local and tribal governments interested in applying for the Matching Grant on Monday, October 3 at 10 am. Register to attend at #NMEcon
RT @ewhitmore: The state’s “Empower & Collaborate” #EconDev strategy from @NMecondev & @SRI_Intl is a really well thought out and integrat…
3 NM companies get LEDA funding to expand operations and hire more employees. Congrats to Craftworks LLC, Syzygy Tile, and Bluebonnet Labs. Full press release: #NMEcon https://t.co/SlvlRZsQM1
RT @ewhitmore: “What are we going to do to diversify New Mexico’s economy?”
What we have been doing is working!
Great intro and kick-off fr…
RT @Raymmondragon: Nicholas Sly, Assistant Vice-President, Denver Branch, Federal Reserve Bank of Kansas City address the #nmeddconference…
RT @_johannanelson: NM Governor’s Conference on Economic Development is kicked off! So great to see such a phenomenal turnout. ~300 folks i…
New Mexico has dozens of funding opportunities and free resources for small businesses. Looking to start or expand your business, check out this webinar next Tues (10/4). #NMEcon #NMEcon https://t.co/zUCU3nEYmv
EDD is looking for a few good regional reps to join our "boots on the ground" team. Apply through the state personnel office at #NMEcon https://t.co/ZWhFvHRnpq
AREA: NM will become the green energy capital of the US. This is consistent with EDD's strategic plan, which lists sustainable and green energy and sustainable agriculture as major arms of the state’s future economy. @ABQEconDev #NMEcon ...
Corrales filmmaker’s production selected for the Venice Film Festival - Congrats Bob Belinoff! You make New Mexico proud. #NMEcon
New Mexico EconomicDevelopment DepartmentJoseph M. Montoya Building1100 S. St. Francis DriveSanta Fe, NM 87505-4147
Mailing Address:New Mexico EconomicDevelopment DepartmentP.O. Box 20003Santa Fe, NM 87504-5003
Main number: (505) 827-0300 (se habla español)Fax: (505) 827-0328
The mission of the New Mexico Economic Development Department is to Improve the lives of New Mexico families by increasing economic opportunities and providing a place for businesses to thrive.
New Mexico Economic Development Department. All Rights Reserved.