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Santa Teresa’s Port of entry has exploded as a trade zone. New Mexico received nearly twelve thousand commercial crossings each month — only a small part of the traffic neighboring ports El Paso received each month. There is a new energy from New Mexico to re-route some of Texas’ trade through Santa Teresa. This effort promotes big opportunities for both sides of the border. “I think that the Santa Teresa-San Jeronimo project is one of the top three projects for the economic development...

The State of New Mexico has been awarded a $250,000 STEP grant from the United State Small Business Administration to help small businesses cultivate the global marketplace. Governor Michelle Lujan Grisham’s priority is to expand New Mexico's global trade and further diversify the state's economy. This $25,000 award is the largest New Mexico has ever received under the STEP Program STEP (State Trade Expansion program) is an initiative to provide matching grants to U.S. states to assist...

“We are very excited to welcome Bitwise to Las Cruces and the investment they are making in our downtown,” Lopez said in a news release. “Their innovative apprenticeship program to train, grow and employ local high-tech talent will not only provide new career opportunities for our residents but will additionally foster an ecosystem that is attractive to future companies looking at our region for growth.” California-based company has chosen downtown Las Cruces to open a technology training and...

Application deadline: Friday, November 14 at 5 p.m. The New Mexico Economic Development Department is offering Small Business Innovation Research/Small Business Technology Transfer (NM SBIR/STTR) grant awards up to $100,000 to accelerate commercialization of technologies developed with the aid of the federal SBIR awards. Phase II grants - $100,000 Phase I grants - $25,000 This is a competitive grant for New Mexican companies with high-growth potential. To be eligible, companies must have an...

Doña Ana Community College (DACC) and Union Pacific Railroad will hold a ribbon-cutting ceremony for a new workforce training academy in Sunland Park, New Mexico. The ribbon-cutting will be held on Wednesday, October 19th at 10 a.m. at the Union Pacific Industrial Careers Academy located in the DACC Sunland Park Center, 3365 McNutt Road. The academy is designed to help Sunland Park and Santa Teresa residents develop skills and training sought by area employers. The academy provides fast-track...

SANTA TERESA – Gov. Michelle Lujan Grisham on Friday joined Burrell Aviation and Doña Ana County officials to announce a new $72-million cargo aviation facility at the Doña Ana County Jetport. The governor and Burrell Aviation CEO John Carver announced that Burrell Aviation will construct multiple new structures designed to expand cargo and distribution services, including facilities dedicated to air cargo handling, cold storage, distribution, and aircraft maintenance. The new facility is...

SANTA FE, N.M. – The Economic Development Department announced today that the State of New Mexico has received up to $74.4 million from the U.S. Department of Treasury’s State Small Business Credit Initiative (SSBCI) to boost capital assistance and invest in socially and economically disadvantaged businesses. “Small businesses are the backbone of so many New Mexico communities, but they often have difficulty finding and qualifying for the assistance they need to grow and create jobs,” Gov....

Today, Bitwise Industries (www.bitwiseindustries.com) announced it has partnered with local investors to acquire  201 N. Church St. Las Cruces, NM 88001, overlooking the popular Plaza de Las Cruces, as the home to its local operations in the city. Earlier this year Bitwise announced its expansion into Las Cruces and this latest development demonstrates the company’s continued commitment to provide tech services to the area, while developing a locally grown tech workforce. The new building is...

Available land, lower costs, and the desire to co-locate with suppliers and customers draw companies to rural locations, but satisfying infrastructure needs and access to talent shouldn’t be overlooked. By John W. McCurry Q3 2022 (source article) Visitors to Montana know the state’s nickname of “Big Sky Country” is well deserved. The state’s rural setting and wide open spaces, aside from being scenic, factored into the recent decision-making process of an international industrial company. The...