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.

Our programs and initiatives support our mission.  The New Mexico Partnership is a statutorily-created public-private organization under contract to the department to market the state globally in order to attract new jobs and investment. Department programs provide direct assistance to New Mexico businesses and communities.  Programs and services for businesses can be found in the Business Resource Center.  EDD also administers several programs that support Community Development.

The State of New Mexico’s fiscal year begins on July 1 and ends on June 30th of each year.  During the summer months each state agency compiles a strategic plan of program initiatives, an accompanying budget, and a set of performance metrics that reflect the key work of each of our programs.  These documents are submitted to both the executive and legislative branches on September 1.  At the end of each fiscal year we report our progress in an annual report.  EDD strategic plans, and quarterly and annual reports can be found on our Publications page.