LEDA and EDD Assistance

LEDA and EDD Assistance: Catalyzing Sustainable Growth with Spiritus Technologies

In a remarkable stride towards sustainable solutions, Spiritus Technologies PBC, a leader in pioneering climate solutions, has been granted funding through the Local Economic Development Act (LEDA). This strategic support comes from the New Mexico Economic Development Department (EDD) to enhance job creation and extend its sustainable initiatives within New Mexico. This comprehensive package not…

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LEDA funding helps local distillery expand

LEDA Funding Helps Family-Run Distillery Expand

Rolling Still Distillery, a women-owned, family-operated craft distillery in Taos, has been granted state economic support to expand its operations. This initiative is part of a program managed by the New Mexico Economic Development Department (EDD) aimed at fostering job creation and facilitating business growth through the New Mexico Local Economic Development Act (LEDA). Rolling…

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$25M for quantum technology companies from New Mexico Economic Development

$25M For Quantum Technology Companies

$25M Up-For-Grab In a move indicative of its progressive stance toward technological advancement, the New Mexico Economic Development Departmentโ€™s Office of Strategy, Science, and Technology has opened the floor for proposals to allocate a significant $25 million investment aimed at fostering quantum technology innovations. This initiative is poised to lay the groundwork for a new…

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Secretary Rob Black speaking about economic development strategies at Sandoval Economic Alliance event

1500 New Jobs: Inside Secretary Black’s Bold Economic Development Strategy

May 15, 2025 marked a significant moment for New Mexico's economic development future as Secretary Rob Black of the New Mexico Economic Development Department (EDD) delivered a compelling presentation outlining the state's ambitious and multifaceted strategy for economic development growth. The overarching message resonated with clarity and purpose: economic development is no longer a peripheral…

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EDD investment

$2.3M to Enhance Outdoor Access, Boosting Economy in 14 NM Counties.

The announcement by the New Mexico Economic Development Department (EDD) regarding the $2.3 million in grants awarded to improve outdoor access across New Mexico is a significant development that highlights the stateโ€™s commitment to enhancing outdoor recreation. This initiative not only promises to boost economic opportunities across 14 counties but also stands to impact communities…

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economic development: energy investment in New Mexico

$3.3 M Investment Boosts in New Mexico: Advanced Energy Innovations Fuel Economic Development

Investment in New Mexico's burgeoning advanced energy sector is setting the stage for significant economic development. The New Mexico Economic Development Department (EDD) recently allocated $3.3 million to five pioneering energy companies through its Advanced Energy Award Pilot Program. This state-funded initiative, coordinated by EDD's Office of Strategy, Science & Technology (OSST), underscores New Mexico's…

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