Incentives

The State of New Mexico has provisions for a wide range of tax and other incentives, including those related to high-wage jobs, technology research and development, manufacturing, renewable energy, businesses located on the border, and aviation.

NM EDDSome of these incentive programs are:

  • Job Training Incentive Program (JTIP)
  • Manufacturers Investment Tax Credit
  • R&D Small Business Tax Credit
  • Rural Jobs Tax Credit
  • High Wage Jobs Tax Credit
  • Technology Jobs Tax Credit
  • Agricultural Business Tax Deductions and Exemptions

Find a comprehensive list of New Mexico’s tax incentive programs here.

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