NMEDD Press Releases - May 2020

Cabinet Secretary Alicia J. Keyes was recently interviewed on the KUNM radio program Women’s Focus.

Newest Economic Reports Just Published

May 29, 2020

SANTA FE, N.M. – The New Mexico Economic Development (EDD) has posted the latest round of its county economic reports, including data that includes March, the first month of the COVID-19 health and economic emergency, Cabinet Secretary Alicia J. Keyes announced today

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Zero-Interest Emergency LEDA Loan Granted to N.M. Business

May 29, 2020

The first no-interest emergency loan from the State of New Mexico’s Local Economic Development Act (LEDA) Fund to help maintain jobs and business operations as a result of the COVID-19 health crisis is in the final stage of approval, Economic Development Department Cabinet Secretary Alicia J. Keyes announced today.

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Albuquerque Manufacturing Company Moves Forward With Major Expansion

May 28, 2020

ALBUQUERQUE, N.M. - A manufacturing company that provides leading-edge technology and software to detect active shooter threats is expanding in Albuquerque with the help of State and City economic assistance through Local Economic Development Act (LEDA) funds.

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Be Safe, Respectful While Enjoying the Outdoors

May 20, 2020

SANTA FE, N.M. - As outdoor lands and some recreational areas reopen in New Mexico, state officials are reminding residents to be respectful of these places and continue to take precautions to stop the spread of COVID-19.

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Job Training Funds Approved for 165 New Jobs

May 19, 2020

Santa Fe, N.M. – The New Mexico Economic Development Department Job Training Incentive Program (JTIP) board has approved funding for 20 New Mexico companies to train 104 new employees and 24 interns, for a total of $2.5 million in May. JTIP awarded$1.4 million to nine companies in March for an additional 61 trainees and 1 intern, Cabinet Secretary Alicia J. Keyes said today.

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Outdoor Recreation Division Announces New Outdoor Equity Fund

May 18, 2020

SANTA FE, N.M. – Applications for the Outdoor Equity Fund to support New Mexico's outdoor recreation economy opened and are available online, Director of the Outdoor Recreation Division Axie Navas announced today. The deadline to apply is August 1, 2020.

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Buy For Tomorrow Website Continues to Help Small Businesses

May 16, 2020

SANTA FE, N.M. - The Buy for Tomorrow Today (www.buynmlocal.com) created by the Economic Development Department now has over 630 businesses registered and selling goods, services, and gift certificates from all regions of New Mexico, Cabinet Secretary Alicia J. Keyes announced today.

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EDD Announces Quarterly Reports to Help Track COVID-19 Related Economic Data by County

May 11, 2020

SANTA FE, N.M. - In an effort to better understand the impacts of the COVID-19 health emergency and analyze economic changes around the state, the Economic Development Department is now publishing quarterly data reports for all 33 New Mexico counties, Cabinet Secretary Alicia J. Keyes announced today.

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Resilient Communities Fund Grants to Help Economic Recovery Efforts in Twelve NM MainStreet Communities

May 06, 2020

SANTA FE, N.M. - The New Mexico Resiliency Alliance, in partnership with the New Mexico MainStreet Program and the McCune Charitable Foundation, awarded seed grants and matching funds for MainStreet community economic development projects in response to COVID-19 economic recovery efforts.

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SBA's Disaster Loan Program Opens to Agricultural Businesses

May 04, 2020

SANTA FE, N.M. - The U.S. Small Business Administration opened applications today for agricultural businesses in New Mexico to apply for Economic Injury Disaster Loans (EIDL), Economic Development Department Cabinet Secretary Alicia J. Keyes said today.

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Lenders in New Mexico Looking for SBA Loan Customers

May 01, 2020

SANTA FE, N.M. - Lenders in New Mexico are still able to help businesses with loan applications for the U.S. Small Business Administration’s Paycheck Protection Program (PPP), Economic Development Department Cabinet Secretary Alicia J. Keyes said today.

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