Santa Fe – The New Mexico Economic Development Department’s Job Training Incentive Program (JTIP) board approved $500,427.95 in funding at its November meeting to five companies that will create 78 jobs in New Mexico. The new jobs will average $14.25. In October the board approved $613,839 in funding to eight companies that will create 88 jobs, averaging $16.66. The next JTIP meeting will take place Friday December 12 at 9 a.m. in the Joseph Montoya Building Bid Room located at 1100 S. St. Francis Drivein Santa Fe.