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New Mexico Economic Development in 2020 and Looking Forward

From global manufacturing and biosciences, to outdoor recreation and film production, the Economic Development Department (EDD) set the foundation for long-term job growth in 2020, putting New Mexico on the path to sustainable recovery, Cabinet Secretary Alicia J. Keyes said today. The COVID-19 pandemic and the public health emergency brought unprecedented challenges to small businesses, […]

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Major Expansion at New Mexico’s Spaceport America

A company that is developing and testing a mass accelerator with the aim of launching satellites into space orbit, using kinetic energy instead of rockets, is expanding at New Mexico’s Spaceport America, Cabinet Secretary Alicia J. Keyes announced today. SpinLaunch signed a lease at Spaceport America in 2019 and has since invested in test facilities […]

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Netflix Plans to Boost New Mexico Presence with Expansion of ABQ Studios

Pledges $1 Billion Investment and Additional 1,000 Jobs Today, New Mexico Governor Michelle Lujan Grisham and Albuquerque Mayor Tim Keller together with Netflix Co-CEO Ted Sarandos announced that Netflix, the world’s leading internet entertainment service, plans to boost its presence in the state by expanding ABQ Studios and committing to an additional $1 billion in production […]

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Santa Fe Chamber of Commerce Celebrates Women in Business this Month

The Santa Fe Chamber of Commerce hosts the 5th Annual Women’s Leadership Luncheon this month. The virtual event will gather, support, and celebrate New Mexico’s inspiring women entrepreneurs throughout November. The remarkably apt theme this year is agility. The combined weight of personal and professional challenges during the pandemic has fallen especially heavily on the […]

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Virtual ‘Cash Mobs’ Support Local Businesses in Six NM MainStreet Districts

The New Mexico MainStreet (NMMS) program announced today that six districts are using ‘Cash Mob’ virtual events to support local businesses during the pandemic and upcoming holiday season. Events are hosted on Facebook Live where participants bid on items, arrange payment and socialize during the fun two-hour session. Lively hosts entertain and educate as they […]

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Job Training Incentive Program Helps NM Companies Expand

The State of New Mexico’s Job Training Incentive Program (JTIP) Board has awarded 18 companies with over $5.5 million during September and October 2020, in support of 803 new jobs, Economic Development Department Cabinet Secretary Alicia J. Keyes announced today The September awards totaled $3.6 million for 672 trainees and 1 intern, with another $1.9 million […]

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Strength in Flexibility? Some Unexpected Benefits to “New Normal”

A recent Economist article titled “Countering the Tyranny of the Clock” explores our changing relations to time as work becomes more flexible. A little philosophical? In fact, it’s super pragmatic! “Flexible working existed well before the pandemic. But it only offered employees the ability to choose when in the day they worked their allotted hours,” […]

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Albuquerque’s Vibrant Entrepreneurial Ecosystem Hosts ESHIP 2020

This month, Albuquerque is hosting the 2020 ESHIP Summit, a gathering of “entrepreneurial ecosystem builders – leaders connecting communities together to accelerate entrepreneurship – who seek to build more inclusive, sustainable local economies.” This systems approach to fostering economic vibrancy connects people, resources, and institutions to foster collaborative growth and innovation. “During the ESHIP Summit, […]

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Resilient Albuquerque Businesses Adapt and Thrive

Congratulations to Albuquerque small businesses! According to a recent study conducted by e-commerce company Square, Albuquerque’s Main Street businesses ranked Number 1 in increased rate of e-commerce adoption following the COVID-19 outbreak. The ranking signals Albuquerque businesses’ agility and grit. “We’re inspired every day by the ingenuity of small businesses in the face of a […]

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Love What You Do! Buy a Business that Aligns with Your Goals

Can you make money and follow your dreams? Yes! A recent article at Entrepreneur posits a framework for deciding if you might be able to turn your hobby into a business. The piece (very reasonably) revolves around the potential for monetization. “Even if you’re pursuing this mostly because of your passion,” writes SEO.co CRO Timothy […]

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