Resource Center

FEDERAL GOVERNMENT

Your business and personal taxes have helped fund a score of federal agencies that provide a wealth of helpful programs and research, especially for start ups and small businesses. Get your moneys worth and visit the following organizations.

DoD Small Business Research and Technology
The US Department of Defense (DoD) Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs award over $1 billion each year in funding in early-stage R&D projects to small technology companies — projects that serve a DoD need and have commercial applications.

U.S. Patent and Trademark Office
Find out whether you or an unknown competitor is first with that better mousetrap.

U.S. Securities and Exchange Commission
This site allows free searches of EDGAR, the database of filings made by publicly held corporations.

Q&A: Small Business and the SEC
The U.S. Securities and Exchange Commission answers common questions in a guide for small businesses on how to raise capital and comply with SEC rules.

U.S. Census Bureau
This site is a treasure chest of demographic and statistical information on the nation.

U.S. Bureau of Labor Statistics
Take a look at the labor market – or the economy as a whole – at this U.S. Labor Department’s site.

FedStats
This site is a valuable gateway to any and all statistics produced by federal agencies. Statistics are searchable by topic and state. Press Releases and online databases can also be accessed.

FEDWORLD
A program of the National Technical Information Service of the Department of Commerce, this site is an online locator service for U.S. government documents, subscriptions, videos, and Web sites. Click on the NTiS tab to access hundreds of thousands of scientific, technical, engineering and business related Federal information products.

Internal Revenue Service
The Small Business and Self-Employed Tax Center provides access to all the information you will need to be in compliance with tax laws for small businesses, including downloadable forms and publications; IRS local offices contact information; online educational tools; and an A-Z index of tax topics for businesses.

Social Security Online
This portal for businesses with employees lets you register your business and file W2 employment forms online.

USDA Rural Business and Cooperative Programs
A U.S. Department of Agriculture site with information on funding programs for developing small businesses in rural areas.

Travel.State.gov
Provides information on U.S. Department of State travel warnings, consular information, passports, visa information, and foreign publications.

U.S. Dept of Labor Office of Small Business Programs
The Office of Small and Disadvantaged Business Utilization (OSDBU) administers the Department of Labor’s responsibility to ensure procurement opportunities for small businesses, small disadvantaged businesses, women-owned small businesses, HUBZone businesses, and businesses owned by service-disabled veterans. OSDBU serves as the Department’s Ombudsman for small businesses under the Small Business Regulatory Enforcement Fairness Act (SBREFA). The resource center provides information regarding rules and regulations that the Department administers.

U.S. Equal Employment Opportunity Commission
EEOC now has information specifically addressed to small businesses. The aim of the new Web page feature is to provide small businesses with information on how to avoid workplace discrimination disputes.

U.S. House Small Business Committee
This site is packed with information on upcoming legislation and hearings, press releases, a newsletter, special projects and online events.

U.S. Postal Service
Download business forms, find zip codes, track a package, print mailing labels, and buy postage and supplies.

U.S. Senate Committee on Small Business & Entrepreneurship
The U.S. Senate Small Business & Entrepreneurship Committee’s home page lets you keep track of pending legislation. The site includes publications, roster information, legislation, and hearing schedules. Click on the Resources tab and link to Small Business and Entrepreneurship Resources for information on financial assistance for your business.

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NEW MEXICO RESOURCES

The State of New Mexico is an inviting place for both entrepreneurs and larger companies looking to relocate or expand. New Mexico not only offers an unparalleled quality of life full of outdoor recreation, cultural attractions & events, dining, nightlife and the best sunsets in the world; but also has world class universities and national labs, internationally recognized business incubators, a strong entrepreneurial and business support structure, and State incentives to help grow or relocate a BioScience/BioTech company. 

ABQid ABQid is a 12-week business accelerator program..

Arrowhead Center – Las Cruces Arrowhead Center is a comprehensive location of various resources for entrepreneurs and a New Mexico state certified business incubator.

BioScience Center We have created an environment where an increased likelihood of success results from support and knowledge-sharing among experts, all working in bio-related fields. We offer sparkling facilities, an infrastructure with shared services to reduce costs and allow your available dollars to last longer, and a supportive community of like-minded people who can help your startup succeed.

Enterprise Center at San Juan College As a certified business incubator the Enterprise Center is a place for your new business to call home. By providing turnkey offices and production space in combination with the business resources needed to turn your idea into a successful business, the Enterprise Center will help guide you step-by-step through the process to starting and growing your business.

FatPipe Coworking space in ABQ Innovation district

ACCION New Mexico
ACCION is a nonprofit organization that provides entrepreneurs with tools to start, operate, and grow businesses. They also increase access to business credit, make loans, and provide training to help entrepreneurs build thriving businesses.

Acoma Economic Development Office
The Pueblo of Acoma has resources available to assist businesses wishing to relocate or expand on the Pueblo of Acoma. The Pueblo has adopted a local economic development act (LEDA) ordinance, which allows us to engage in economic development activities to comply with the State of New Mexico’s anti-donation clause. The Pueblo works throught the Acoma Business Board, to qualify applicants and to negotiate agreements that allow businesses to take advantage of these resources.

Albuquerque Economic Development
AED is a private, nonprofit organization whose mission is to recruit new employers and industry and help local companies grow to generate quality job opportunities for the Albuquerque metro area.

Belen Economic Development Corporation
Whether you live in Belen, are just visiting, or are thinking of settling down here, we want you to know you’re very welcome to the Hub City.

Carlsbad Department of Development
Carlsbad is the fastest growing city in New Mexico, and it is also a destination point for over 500,000 visitors each year. Take a look at some of the reasons why Carlsbad is the place for your business and your family

Cibola Communities Economic Development Foundation
The Cibola Communities of northwest New Mexico offer both newcomer and visitor alike a friendly and safe home – one ideal for businesses and families. Our communities will enchant you with their Southwest charm, small-town hospitality, and never-ending vistas of canyons, mesas and mountains.

City of Albuquerque Economic Development Department
The City of Albuquerque’s Economic Development Department (EDD) works to create, diversify, and enhance job growth and to promote business development and stability. EDD supports business and the development community within city government and between city agencies.

City of Deming
Welcome to Deming, Luna County, New Mexico. You will find this Southwestern corner rich with history, atmosphere, and sunshine, all in great abundance. The desert with the Florida mountains in the background offer spectacular views year round. Our state parks are diverse from one end of the desert to the other and into the mountains of the Black Range. The water and the agricultural influence make Deming an oasis in the desert.

City of Las Cruces Economic Development Department
The City of Las Cruces is dedicated to bringing in industries, and warehousing and manufacturing businesses that will expand and diversifythe local economic base and provide new jobs for the community

Clovis Industrial Development Corporation
The Clovis Industrial Development Corporation’s Mission is to develop business opportunities and recruit new business and industry which will strengthen and diversify the economic base of Clovis and Curry County, New Mexico by investing in new capital and creating new jobs

Coronado Ventures Forum
Coronado Ventures Forum is an organization that focuses on educating investors and entrepreneurs and providing a space for them to network and connect. 

Cottonwood Technology Fund
Cottonwood Technology Fund is a seed and pre-seed stage technology commercialization fund.

New Mexico Department of Workforce Solutions
The Department of Workforce solutions offers resources on hiring and employment for both employers and job seekers.

New Mexico EB-5 Regional Center
For businesses seeking capital and other incentives to grow and expand in New Mexico, investUS EB-5 Regional Center, through its investors, provides a low-cost source of mezzanine funding that leverages resources, conserves capital, and improves return on investment. Often, EB-5 investment can close the funding gap between traditional debt financing and the equity capital necessary to round out funding needs for expansion and growth

Economic Development Corporation of Lea County
Located in the southeastern-most corner of the New Mexico, Lea County is known as the EnergyPlex and offers an abundance of land, attractive incentives, and a diverse business climate for any start-up, expansion, or relocation!

Estancia Valley Economic Development Association
Estancia Valley is a growing economic region just 30 minutes east of Albuquerque’s MSA of 900,000+ people. Estancia Valley offers tremendous opportunities for education, employment, recreation and quality of life. Excellent air, rail, and freeway transportation combine with attractive tax rates, incentives and a wide variety of geographical settings to make Estancia Valley a prime location for enterprises of all kinds. Estancia Valley Economic Development Association (EVEDA) is dedicated to help your business take off!

Finance New Mexico
Sponsored by public and private entities – all of which share the goal of increasing economic activity and development – Finance New Mexico provides you with business-building tools and connections. Also home to a state wide calendar of events. 

Greater Gallup Economic Development Corporation
At Greater Gallup Economic Development Corporation we are dedicated to meeting your needs and helping you make the important decisions. We provide the same exceptional service to business whether relocating from out of state or expanding right here in Gallup – McKinley County.

Gila Economic Development Alliance
Our mission is to promote investment into the region and work with the businesses of Southwest New Mexico to foster economic development in this area.

Greater Espanola Valley Community Development Corporation
The mission of the GEVCDC to join with the people of Rio Arriba County and the Greater Española Valley to increase prosperity and ensure high quality of life.

GrowRaton – Community & Economic Development
Raton, New Mexico is a small rural community offering a variety of economic opportunities.  Whether you are an entrepreneur looking to start a new business, or an established business looking for a new location, we offer an ideal setting to make your dream a reality.

Harding County Economic Development Corporation
Harding County MainStreet—Economic Development Corporation was formed in 2015. Our organization is dedicated to the revitalization of Mosquero, Solano, and Roy, New Mexico. Our mission statement: To promote western heritage and enhance economic vitality!

Ingenuity Central
Ingenuity Central offers entrepreneurs, forward-thinking business leaders and outright geniuses an environment and business climate that encourages and nurtures breakthrough ideas, technologies and game-changing concepts that few places can offer. At Ingenuity Central, we’re not waiting for the future to happen, we’re going to make it happen today.  

International Business Accelerator
The International Business Accelerator is a one-stop shop of resources for New Mexican businesses and individuals wishing to introduce their product or service into the global market. The IBA offers educational programs on how to export/import, an online resource guide of international trade materials, and an electronic database of international trade leads/joint venture opportunities. The IBA also leads outgoing and reverse trade missions of foreign buyers and sellers for the benefit of New Mexican companies. IBA’s team of trade experts offers one-on-one counseling for businesses seeking assistance in meeting their international trade objectives

Las Vegas San Miguel Economic Development Corporation
The EDC is a partnership between the public sector and private enterprise, dedicated to promoting economic development. We bring together the information and business resources necessary for economic success throughout the region. The City of Las Vegas and County of San Miguel invite you to explore economic development opportunities in our area.

Los Alamos Commerce & Development Corporation
The Los Alamos Commerce & Development Corporation (LACDC) was founded in 1983 by community-minded visionaries, and since that time, has played an important role in the development of the Los Alamos community. There are few local businesses or organizations that have not been clients, customers or constituents of LACDC’s diverse service offerings; and there are few residents who have not attended or taken part in one of our many community events.

Los Lunas Economic Development Department
The Village of Los Lunas, New Mexico is a great place to live, work and play.  We are centrally located in the state and close to everything. With mild year-round temperatures and thriving businesses, Los Lunas is the ideal place to establish a company, raise a family and experience a quality of life that is second-to-none.

Lovington Economic Development Corporation
The Lovington Economic Development Corporation has organized exclusively to foster and promote economic development in the City of Lovington and in the surrounding area and to promote where appropriate for charitable, scientific or educational purposes within the meaning of Section 501 (A), 501 (C) of the Internal Revenue Code.

Middle Rio Grande Economic Development Association 
MRGEDA’s goal is to enhance the quality of life in the Middle Rio Grande Valley, while reinforcing the unique characteristics of our counties and our communities. We hope to accomplish this by assisting in the building of quality jobs that will generate disposable income and tax revenues. It is the direction of growth and sustainable economic development, through infrastructure, education, and jobs, that will help both present and future generations prosper in our area.

Mesilla Valley Economic Development Alliance
As one of the leading economic development agencies in New Mexico, the Mesilla Valley Economic Development Alliance (MVEDA) is committed to providing premium site selection and business expansion services, without charge, to all qualified economic-base employers seeking our assistance. 

New Mexico Angels
New Mexico Angels is a nonprofit composed of New Mexico-based individual accredited investors who focus on early-stage investment in companies across the U.S.

New Mexico Catalyst Fund
The Catalyst Fund will invest in existing and emerging Portfolio Funds located across the State of New Mexico with a focus on providing capital to start-up companies at the seed and early stage of development. Commitments to Portfolio Funds will be made over an investment period of 3 years from the final close of the Catalyst Fund. Sun Mountain expects to make approximately 8-10 investments in Portfolio Funds, averaging $1.5-$2.0 million per investment. 

New Mexico Community Capital
New Mexico Community Capital (NMCC) is a private, nonprofit Community Development Financial Institution (CDFI) and Native American CDFI that provides capital and knowledge for New Mexico’s high-potential businesses in emerging or underserved markets.

New Mexico Councils of Government (COG)
Regional governing and/or coordinating bodies responsible for economic and community development programs across New Mexico 

New Mexico Economic Development Department
The NMEDD offers a suite of services, incentives and connections to help businesses start, grow or relocate to New Mexico.  

New Mexico Partnership
Whether you’re looking to expand or relocate your company to New Mexico, the New Mexico Partnership can provide you with all you need to know to grow your business. As the official business recruiting arm for the state, our services are confidential and free of charge, and include real estate searches, evaluating and applying for incentives, organizing strategic meetings with key government and community officials, and providing data on key business factors.

New Mexico FAST
Program of the Arrowhead Center at NMSU that helps in the SBIR application process

New Mexico Manufacturing Extension Partnership
New Mexico MEP is a statewide assistance center dedicated to increasing the competitiveness of our state’s small and mid sized businesses.

New Mexico Small Business Assistance (NMSBA) Program
The NMSBA Program offers free technical assistance to businesses through access to scientists and researchers at Los Alamos and Sandia National Laboratories. 

New Mexico Small Business Development Center
The New Mexico Small Business Development Center is a partnership between the U.S. Small Business Administration, the State of New Mexico Association of Community Colleges, and the private sector to provide resources to small businesses across the state.

New Mexico Start-Up Factory
Start-Up Factory™ is bringing laboratory technologies to market. In our innovative model we work with scientists looking to commercialize their technologies. Through our program, technologists are coached through validation of the technology and market, and are then paired with the right management team. A commercialization and business plan/model is formed and if all signs point to a sound market and promising technological development, a company is formed.

New Mexico Tech Council
The New Mexico Technology Council (NMTC) is a member-driven association of businesses, organizations and tech professionals working together to promote the growth and success of New Mexico’s technology business sectors. We believe our technology community is the catalyst for inspiration and leadership that transforms our state into a world-center for business innovation, creative thinking, community involvement and educational support.

NMEDD Office of International Trade
The Office of International Trade within the New Mexico Economic Development Department supports job creation, retention, and expansion by assisting New Mexico companies to capitalize on opportunities in the competitive global marketplace. 

NMEDD Office of Science & Technology
The Office of Science and Technology (OST) was created to connect New Mexico’s innovation infrastructure to the commercial market. The OST strives to lead and execute programs that encourage and enable the start-up, growth and relocation of technology based industries in and to New Mexico by focusing on growing and diversifying existing technology companies, rapidly commercializing technologies, and promoting research and development in emerging technologies.

Otero County Economic Development Council, Inc.
We are the center of the universe for space exploration, research and development for high tech companies and people! Discover this amazing land of varied typography, culture and people, Explore the “friendliest place on earth” full of amazing opportunities, and swiftly Launch yourselves into this vibrant community eager to support all of your needs towards your business success.

Public Service Company of New Mexico Economic Development Department
PNM believes that attracting new business and encouraging expansion of existing businesses takes a unified effort with government, business, nonprofit economic development organizations and local communities.

Regional Development Corporation
The Regional Development Corporation (RDC) is a private non-profit, 501(c)3 Economic Development Organization (EDO) whose primary service area is Northern New Mexico. The RDC was incorporated in 1996 to serve as the Department of Energy (DOE) Los Alamos Site “Community Reuse Organization” (CRO). As a CRO, the RDC’s mission is to diversify the economy within the north central New Mexico region. As a result, the RDC maintains a special working relationship with both the DOE and Los Alamos National Laboratory (LANL).

Richard P. Feynman Center for Innovation
The Richard P. Feynman Center for Innovation licenses technology developed at Los Alamos National Laboratory. 

Roswell-Chavez County Economic Development Corporation
You may think Roswell is a little out of this world, but really, we’re pretty down to earth.If we had to describe Roswell in one word, it would be authentic. 

Sandia Licensing & Technology Transfer
The Licensing & Technology Transfer Office licenses technology developed at Sandia National Laboratories.

Sandia Science & Technology Park
The Sandia Science & Technology Park (SS&TP) is a 300+ acre master-planned technology community. Affiliated with Sandia National Laboratories and adjacent to Kirtland Air Force Base, companies have easy access to world-class facilities, technologies, scientists, and engineers. From startups to Fortune 500 companies, the SS&TP is where technology works.

Sandoval Economic Alliance
SEA provides a broad range of free and confidential services to businesses and industries considering new locations for expansion, relocation, or consolidation. Corporation services include identifying available sites and facilities, accessing applicable local and statewide business support and incentive programs, and economic and workforce research. SEA also assists existing Sandoval County and Rio Rancho companies through our Retention and Expansion program, called CORE.

SCORE
SCORE is a nonprofit association supported by the U.S. Small Business Association that offers mentoring, counseling, tools, and workshops to help businesses succeed.

STC.UNM
STC.UNM is a nonprofit corporation formed and owned entirely by the University of New Mexico Board of Regents (UNM). We are a 501(c)(3) non-profit corporation with an independent BOD. Located at the Lobo Rainforest Building in the heart of the Innovation District in Albuquerque, New Mexico, STC has proximity to research and development and laboratory facilities and other technology based companies, many of which are the creation of STC.

Sun Mountain Capital
Sun Mountain Capital manages fund investment, direct investment, and regional private equity investment. Investments are made based on regional factors rather than according to industry or investment stage.

Taos Entrepreneurial Network
We are based in Taos and focus our work on businesses in northern New Mexico. Our goal is to provide professional services to individuals in need of guidance in starting or growing their business.

Taos County Economic Development Corporation
TCEDC is a community-based economic development organization that focuses on providing value-added and educational opportunities in order to sustain, protect, and nurture the regional environment.

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PROGRAMS & INCENTIVES

The State of New Mexico has a number of programs and incentives for starting, growing or relocating your business to New Mexico. Many of these incentives and programs target the BioScience and BioTech Industries. For a complete list of State incentives please visit the New Mexico Economic Development Department’s website. Below are programs and incentives of particular interest to BioScience and BioTech companies.

Angel Investment Tax Credit
A taxpayer who files a New Mexico income tax return and who is a “qualified investor” may take a tax credit of up to $62,500 (25% of a qualified investment) for an investment made in each of up to five New Mexico companies that are engaging in qualified research, as defined by the Internal Revenue Code, or manufacturing. The taxpayer may claim the angel investment credit for one qualified investment per investment round. Any portion of the tax credit remaining unused at the end of the taxpayer’s taxable year may be carried forward for five consecutive years.

High Wage Jobs Tax Credit
A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-base job. The credit amount equals 10% of the wages and benefits paid for each new economic-base job created.

Qualified jobs: 

• Pays at least $40,000/year in a community with a population of less than 60,000
• Pays at least $60,000/year in a community with a population of 60,000 or more
• Occupied for at least 48 weeks by the employee

Qualified employers: 

• Are growing with employment greater than the previous year; and
• Made more than 50% of its sales to persons outside New Mexico during the most recent 12 months of the employer’s modified combined tax liability reporting periods ending prior to claiming this credit; or
• Are eligible for the Job Training Incentive Program

Qualified employers can take the credit for 4 years. The credit may only be claimed for up to 1 year after the end of the 4 qualifying periods. The credit can be applied to the state portion of the gross receipts tax, compensating tax, and withholding tax. Any excess credit will be refunded to the taxpayer. The credit shall not exceed $12,000 per year, per job.

Qualified employees: 

• Must be a resident of New Mexico
• Cannot be a relative of the employer or own more than 50% of the company

Job Training Incentive Program
New Mexico has one of the most generous training incentive programs in the country. The Job Training Incentive Program (JTIP) funds classroom and on-the-job training for newly-created jobs in expanding or relocating businesses for up to 6 months. The program reimburses 50-75% of employee wages. Custom training at a New Mexico public educational institution may also be reimbursed.

Eligibility for JTIP funds depends on the company’s business, the role of the newly-created jobs in that business, and the trainees themselves. Please read through the eligibility guidelines and then fill out the Eligibility Questionnaire to begin the JTIP application process. A member of JTIP staff will contact you to determine your company’s eligibility and discuss the program in detail.

Local Economic Development Act (LEDA)
LEDA allows public support of economic development to foster, promote, and enhance local economic development efforts while continuing to protect against the unauthorized use of public money and other public resources.  This empowers communities to embark on economic development projects tailored to their LOCAL needs.  In essence, LEDA is used to enter into a “public private partnership” for an economic benefit.

Further, the purpose of the Act is to allow municipalities and counties to enter into Joint Powers Agreements to plan and support regional economic development projects.   LEDA can be used to support 3 types of projects:  Infrastructure/Improvement, Economic Development (Job Creator) and Retail 

Innovation Vouchers
New Mexico Innovation Vouchers are small competitive grants which enable early stage science or technology companies to overcome discrete barriers to reaching market potential. These grants offset costs for services offered by approved programs. Innovation Vouchers allow companies to focus on and achieve strategic business development goals. For example, a company can use an Innovation Voucher for one month’s rent at an incubator and thus be able to travel to pitch to investors.

Access the Innovation Voucher Application

Applicants must be science or technology companies affiliated with an approved program. Approved programs are identified on the application. Applications are due the second Friday of each month and will be reviewed by the Technology Research Collaborative. Applicants will be notified of the decision by the end of the month in which they applied. Up to $4,000 will be awarded each month. Individual awards will be capped at $2,000. Applicants must carefully price their needs and clearly explain the services the voucher will offset. While the business is the applicant, the funding goes directly to the approved program.

SBIR Matching Grant
New Mexico’s Small Business Innovation Research Matching Grant encourages the creation and expansion of commercial enterprises based in New Mexico through the acceleration of the commercialization of innovation and technologies developed with federal SBIR awards.

The New Mexico SBIR Matching Program provides matching funds to New Mexican companies that have been granted federal SBIR awards. The purpose of these funds is to assist businesses in achieving development and commercialization goals. This is a competitive program.