New Mexico Offers $1 Million Bonus to Opportunity Zone Projects
27 Aug 2019
The State of New Mexico has unveiled an incentive program for Opportunity Zone (OZ) projects and is offering a $1 million bonus to investments that meet certain benchmarks, Economic Development Cabinet Secretary Alicia J. Keyes said.
Keyes said the $1-million OZ Jobs Bonus shows that Opportunity Zone investments are a key strategy for Gov. Michelle Lujan Grisham as the state diversifies its economy. The federal tax initiative to stimulate development in lower-income neighborhoods can be a huge catalyst in New Mexico where it can be difficult to attract outside financing.
More Topics
New Mexico has been a hotbed of scientific development for decades. In the past few years, UNM has churned out some incredible inventions, and the business world is taking notice.
Eleven companies were formed to take advantage of UNM-developed technologies last year. In addition to licensing, UNM staff and students have...
Here at the Carlsbad Department of Development we strive to help the local community stay in touch with all that is happening here in Carlsbad. Our website keeps local residents and business owners alike up-to-date on happening around the community. This includes both local and national news attention. For example,...
Carlsbad’s New Website Provides an Online Portal for Employers to Post Job Opportunities in the Region!
Aug 19 2019 The Carlsbad Department of Development has a new website with lots of useful tools and resources, one of which is their new employment opportunities portal. This tool helps employers find skilled workers in several industries that are thriving in the area. This tool can also be used by people seeking...