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Economic Development

City Focus

Albuquerque is a top city in which to start, expand, or relocate a business, offering a skilled workforce and a business-friendly environment.

Why Albuquerque

Albuquerque is a top city in which to start, expand, or relocate a business, offering a skilled workforce and a business-friendly environment.

Central Avenue and Downtown Albuquerque at Night from a high vantage point.

City Focus

Read the City of Albuquerque Economic Development Plan, updated for 2024.

Economic Development Plan

Read the City of Albuquerque Economic Development Plan, updated for 2024.

Crowds waiting to enter the Kimo Theater at night.

City Focus

Albuquerque welcomes businesses of all sizes and types, from start ups to expansions and relocations of global businesses. 

Business Development

Albuquerque welcomes businesses of all sizes and types, from start ups to expansions and relocations of global businesses. 

ABQ Uptown at Night

City Focus

Supporting small business growth is at the core of our economic development strategy. Explore programs that assist Albuquerque small businesses.

Small Business Development

Supporting small business growth is at the core of our economic development strategy. Explore programs that assist Albuquerque small businesses.

A close up of a green chile roaster.

City Focus

Capitalizing on our unique placement along two major interstates, an international airport, and a foreign trade zone, Albuquerque is a strategic location for foreign small to medium-sized enterprises.

International Business Development

Capitalizing on our unique placement along two major interstates, an international airport, and a foreign trade zone, Albuquerque is a strategic location for foreign small to medium-sized enterprises.

The Albuquerque Skyline, Rio Grande River, and Sandia Mountains

City Focus

Creating opportunities targeted at skilling up Albuquerque’s workforce to match local employer demand, advance workers’ careers, and generate higher wages.

Workforce Development

Creating opportunities targeted at skilling up Albuquerque’s workforce to match local employer demand, advance workers’ careers, and generate higher wages.

Three workers at the Air Force Research Lab

City Focus

We support film and TV as an important part of our creative economy, providing high-paying creative and technical jobs, and benefiting other industries and businesses. 

Albuquerque Film Office

We support film and TV as an important part of our creative economy, providing high-paying creative and technical jobs, and benefiting other industries and businesses. 

A film maker with a camera on a bluff with his dog, and desert scenery in the background

City Focus

From artists and makers, to film tourism and beer tourism, the creative economy and tourism industry are key components of Albuquerque's economic vitality.

The Creative Economy + Tourism

From artists and makers, to film tourism and beer tourism, the creative economy and tourism industry are key components of Albuquerque's economic vitality.

A sculpture

City Focus

The MBDA Business Center provides assistance to mid-sized, minority-owned businesses.

Minority Business Development MBDA

The MBDA Business Center provides assistance to mid-sized, minority-owned businesses.

Two people smiling at the Albuquerque Rail Yards Market

City Focus

The Economic Development Department oversees the Lodgers Tax Advisory Board (LTAB) and the Small Business Regulatory Advisory Commission (SBRAC).

Economic Development Boards

The Economic Development Department oversees the Lodgers Tax Advisory Board (LTAB) and the Small Business Regulatory Advisory Commission (SBRAC).

Central & 1st Street

City Focus

Economic Development is a team sport. We work closely with many organizations across Albuquerque to build an economy that works for everyone.

Partner Organizations

Economic Development is a team sport. We work closely with many organizations across Albuquerque to build an economy that works for everyone.

The interior of the Railyard Market