Economic Development

Information about the Economic Development Department.

The City of Albuquerque's Economic Development Department (EDD) works to create, diversify, and enhance job growth and to promote business development and stability.

EDD supports business and the development community within city government and between city agencies.

Click on image below for detailed information on Mayor Keller's Economic Development priorities.

One Albuquerque: Building an economy that works for everyone

Business Incentives

Explore Incentives for Businesses

New Mexico offers a broad range of business incentives to encourage relocation of new businesses and expansion of existing businesses. They range from bonds and funding sources to training programs and tax credits.

Bonds

Learn about Industrial Revenue Bonds.

Film Incentives

Albuquerque and New Mexico offer many resources and incentives for the film industry.

Popular Services

Recruitment, Retention, and Expansion

The Economic Development Department works with Albuquerque Economic Development Inc. to recruit business and industry to Albuquerque.

Workforce Training

Employers are assured of quality education and training opportunities in Albuquerque.

Albuquerque Economic Development

Want your business to do more, gain more, and earn more?

Learn how Albuquerque Economic Development can help.

Latest News

View all news.

NBC Universal Announces Major Albuquerque Production Studio

Studio production spending will create 330 jobs, fund workforce initiatives; projected to generate $1.1B in direct economic impact over a decade

LSI Hiring in Albuquerque

Chicago-area Service Center, Lending Solutions Inc., Officially Opens Its Doors in Downtown Albuquerque

#No Filter, Albuquerque/New Mexico Featured in Recent Photo Exhibit at Annual Mexican Fair

Mexico A Target Market for Albuquerque Business and Tourism

City of Albuquerque Helps Launch New African American Greater Albuquerque Chamber of Commerce

Partnership will help support economic sustainability in the black business community

“One Albuquerque: Engage” makes a difference for public safety

Programming in downtown Albuquerque is having an impact on public safety.

One Albuquerque: Engage welcomes a new tenant to downtown Albuquerque

Programming continues beyond First Friday to fill vacant buildings through end of year

Job Growth Up in Albuquerque

Job growth is up in Albuquerque according to July 2018 data from the U.S. Bureau of Labor Statistics

“One Albuquerque: Engage” Launches to Fill Vacant Buildings

The program previews during ‘First Friday’ in Downtown Albuquerque.

City of Albuquerque Continues Effort to Buy Local

Access to vendor information now available on city facility computers.

TaskUs, Inc to create nearly 700 new jobs in downtown Albuquerque

Mayor Keller announces that nearly 700 new jobs are coming to downtown Albuquerque, the largest number of jobs in seven years.

Advanced Network Management to Create Up to 40 New High-Tech Jobs in Albuquerque

Advanced Network Management announced that it will expand to a new headquarters location in Albuquerque and create up to 40 new high quality technology engineering and management jobs.

Mayor Tim Keller Announces New City Initiative to ‘Buy Local’

New requirement will use local businesses to keep more money in Albuquerque economy.

Mayor Tim Keller Outlines Economic Development Vision for Albuquerque

Plan aims to do business differently, create an economy that works for everyone

Mayor Tim Keller Releases Report on Racial Equity in Albuquerque

Report supports commitment to building a more inclusive economy that works for everyone.

City Economic Development Department Releases Criteria for Public Projects

Six core principles focus on return on investment.