New Mexico Economic Development Department Employee Directory
Government AdministrationNew Mexico, United States51-200 Employees
The New Mexico Economic Development Department is a government administration agency in New Mexico dedicated to economic development, with 51-200 employees and revenue in the range of $10 million to $25 million, headquartered at 1100 South Street Francis Drive, Santa Fe, NM 87505, United States, and website https://edd.newmexico.gov. Its mandate is to enhance and leverage a competitive environment to create jobs, develop the tax base, and provide incentives for business development. It administers programs such as LEDA to offset business expenses for expansions or relocation and the Job Training Incentive Program (JTIP), which funds training for newly created jobs for up to six months and reimburses 50-75% of wages. The department also offers tools including High Wage Jobs Tax Credit, Investment Tax Credit, R&D Tax Credit, and Industrial Revenue Bonds. New Mexico is described as strategically located with proximity to the West Coast, Mexico, Texas, and the Midwest, alongside a mild climate and low natural disaster risk, which supports continuity of operations and the state's suitability for living and working.
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