$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 Department’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 state’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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New Mexico aerospace industry investment for economic development

New Mexico Strengthens Economic Competitiveness with $50 M Aerospace Incubator Certification

New Mexico, recognized for its vast landscapes and cultural diversity, is making strategic strides to bolster its economic development by focusing on its burgeoning aerospace industry. The New Mexico Economic Development Department's recent certification of the NewSpace Nexus business incubator is a testament to the state's commitment to nurturing this high-tech sector. With companies associated…

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Rio Rancho commercial real estate growth

Rio Rancho: Leading Strong Commercial Real Estate Growth in New Mexico

New Mexico, a state renowned for its breathtaking landscapes, vibrant culture, and increasingly attractive business climate, is witnessing a surge of interest in its commercial real estate and industrial real estate sectors. While the entire state offers compelling prospects, Sandoval County, and specifically the thriving city of Rio Rancho, are rapidly emerging as dynamic epicenters,…

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