Congratulations! New Mexico is a great place to start a business.
State leadership is committed to economic diversity and growth; and accordingly promotes a profitable business climate.
The fastest growing industries, like Cybersecurity and renewable energy, are here.
You can be involved in bringing a new technology to market, export your services from a remote location, do business with Mexico in a fast-growing border region, or even combine work and play and be part of the growing outdoor economy.
There is a vast universe of technical and financial assistance.
New Mexico is a small business state – 83% of businesses here have fewer than 20 employees.
New Mexicans enjoy an unsurpassed lifestyle making for a productive workforce.
Just starting out? Check out these quick infographics with information about getting your new business up and running.
New Mexico Economic Development Department
Main number: (505) 827-0300 (se habla español)
Joseph M. Montoya Building
1100 S. St. Francis Drive
Santa Fe, NM 87505-4147
Albuquerque Office
500 Marquette Ave NW Suite 640
Albuquerque, NM 87102
Mailing Address:
New Mexico Economic
Development Department
P.O. Box 20003
Santa Fe, NM 87504-5003
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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