NEW MEXICO ECONOMIC DEVELOPMENT DEPARTMENT
Q4 FY22 summaries for N.M. and each county now available.
Learn about available resources from the state.
Empower and Collaborate - New Mexico's Economic Path Forward: A Comprehensive Statewide Strategic Plan
EDD is working with the N.M. Department of Finance to provide transparency related to federal grants management and public access.
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@edd.nm.gov
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) 490-7662Lorraine.Ruggles@edd.nm.gov
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 Gruner(505) 412-5036Tribal LiaisonMax.Gruner@edd.nm.gov
Yuriria Morales(505) 479-2308Yuriria.Morales@edd.nm.gov
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@edd.nm.gov
Kevin WilsonRoswell Office(575) 416-7709Kevin.Wilson@edd.nm.gov
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.
Las Cruces Office:
Louise Marquez(575) 430-1232Louise.Marquez2@edd.nm.gov
Julia Brown(575) 419-0499Julia.Brown@edd.nm.gov
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@edd.nm.gov
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.
Around 300 households and businesses in the Village of Magdalena will receive broadband service with speeds up to one gigabit thanks to money from a New Mexico pilot program. #NMEcon #broadband https://t.co/jbkzfm9Lsu
“One of the disruptive revolutionary leaders in entertainment choosing New Mexico as one of their production hubs has put us on the map for everyone else,” Amber Dodson, @NMFilmOffice #NMFilm #NMEcon
New Mexico Awarded Best in Travel 2023 by @lonelyplanet. "The Land of Enchantment casts a bewitching spell." #NMEcon @NMMainStreet @NMoutdoorrec @NMFilmOffice
Outdoor Rec industry is a powerhouse in NM! Employing 28,475 last yr, an 18.2% increase from 2020, 5% more than the natl avg. NM ranked 5th in the US for employment in the sector and generated $1.2B in income.
#NMEcon #NMOutdoors @NMoutdoorrec
RT @NMMainStreet: Did you know Small Business Saturday on Nov. 26 is a New Mexico Gross Receipts Tax Holiday? For this one day, the state s…
State awards multi-million-dollar grant to local coop for broadband through the Connect NM Pilot Program using ARPA funds. #NMEcon #Broadband https://t.co/UAoa47RhN9
State awards $2.8 million in debt relief to working healthcare professionals in high-need, rural communities. #NMEcon @NMHED https://t.co/BV7ePDYrNV
NM outpaces US and most other states in growth of outdoor economy - both in percentage increase in jobs and overall GDP. #NMEcon #NMOutdoors @NMoutdoorrec @NMMainStreet
New Mexicans Have 5 Days Left to Apply for Assistance from FEMA for those impacted by wildfires. The final deadline Nov. 7. FEMA can help with temporary housing, rebuilding homes, replacing property and more. #NMEcon Apply online https://t.co/6rhXQn...
This is a genius use of resources! New media school opening in Raton will teach skills across the industry. Improving career outlooks and offering valuable education in Northern New Mexico. #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.
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