Job Training Incentive Program (JTIP)
Reimburses 50 to 90 percent of new-hire wages during training, for up to 6 months. Small communities get the top base tiers.
Read the JTIP guide →Reimburses 50 to 90 percent of new-hire wages during training, for up to 6 months. Small communities get the top base tiers.
Read the JTIP guide →Public funding toward land, buildings, and infrastructure for qualifying expansion projects, paid out as performance milestones are met.
Official program page →Up to $1,000 per qualifying job per year, for up to 4 years in Tier One rural areas. All of Grant County is Tier One.
Details in FYI-106 →8.5 percent of wages for each new high-wage job, capped at $12,750 per job per qualifying period. Available through mid-2036.
Details in FYI-106 →A credit against gross receipts and compensating tax for qualified manufacturing equipment, tied to adding jobs.
Details in FYI-106 →25 percent personal income tax credit, up to $62,500 per qualified investment, for accredited investors backing NM technology or manufacturing companies. Runs through 2030.
Details in FYI-106 →Below-market loans of up to $7 million for businesses in qualifying rural and low-income communities, financed through the New Mexico Finance Authority.
Official program page →Federal capital gains deferral and reduction for long-term investment in designated census tracts.
NM EDD zone information →Benefit figures verified July 2026 against agency pages and publication FYI-106. Program rules change; confirm with the administering agency before you commit.