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NM MBDA Business Center receives Diverse Business Leader Award

The city of Albuquerque announced that the New Mexico Minority Business Development Agency Business Center (NM MBDA) was granted one of six Diverse Business Leader Awards for Outstanding Diversity in An Organization by Albuquerque Business First. NM MBDA was honored for its dedication to fostering diversity in its workforce through programs, initiatives, and resources, according to a press release by the city of Albuquerque.


Business

NM MBDA Business Center receives Diverse Business Leader Award

The city of Albuquerque announced that Albuquerque Business First granted the New Mexico Minority Business Development Agency Business Center (NM MBDA) one of six Diverse Business Leader Awards for Outstanding Diversity in an Organization. NM MBDA was honored for its dedication to fostering diversity in its workforce through programs, initiatives, and resources, according to a press release by the city of Albuquerque.


Business

Launch of Be Pro Be Proud Program in Los Lunas with NMCEO and NMDWS partnership

The New Mexico Department of Workforce Solutions (NMDWS) announced that the Be Pro Be Proud (BPBP) program, a collaboration between the New Mexico Center for Economic Opportunity (NMCEO) and NMDWS, was launched at Los Lunas High School in Los Lunas, New Mexico. This initiative is designed to link New Mexico's youth to technical careers and skilled trades, according to a press release by NMDWS.


Business

Bernalillo County marks Marble Urban Open Space celebration

Bernalillo County announced a that ribbon-cutting ceremony for Marble Urban Open Space situated at 905 Espanola St. NE. The site includes amenities such as a custom shade structure for outdoor classrooms, benches, a walking trail, and features an irrigation system, soil enhancements, and native plants, according to a press release by Bernalillo County.


Business

MFA allocates $5M to NM Energy$mart Weatherization Program to support Tribal communities

The New Mexico Mortgage Finance Authority (MFA) announced that the MFA Board of Directors greenlit around $4.96 million in funding for the NM Energy$mart Weatherization Program, specifically directed toward services in Tribal Territories. This initiative aims to aid low-income households by implementing energy-efficient measures, reducing energy consumption, cutting costs, and enhancing health and safety, according to a press release by MFA.


Business

New Mexico Business Coalition hosts Heroes Banquet

The New Mexico Business Coalition, in collaboration with Rebound New Mexico, recently hosted their 2023 Heroes Banquet at the Crowne Plaza Hotel. New Mexicans from all over the state came together to honor the first responders, veterans, and other advocates of the community.


Business

Sandia's collaboration to bring light-based nuclear material detection to market

Sandia National Laboratories announced that Blueshift Optics, founded by former Sandia employee Joey Carlson, is revolutionizing the detection of radioactive materials with technology created at Sandia National Laboratories. The cutting-edge technology, named Organic Glass Scintillators, was developed through collaboration between Sandia materials scientist Patrick Feng and Carlson, according to a press release by Sandia National Laboratories.


Business

Array Technologies expands in NM

Array Technologies has finalized its $50 million plans to expand with a new manufacturing campus in Bernalillo County, NM. The 22-acre expansion is projected to hire nearly 100 new employees in the following years, according to Array Technologies.


Business

Unhoused encampment returns to Central Avenue business: 'Because the mayor is not enforcing public nuisance laws, they are free to break them'

Businesses on Central Avenue in Albuquerque – including Church’s Texas Chicken at 10230 Central Ave. SE – have experienced a constant influx of unhoused citizens.


Business

Thornburg appoints new Chief Executive Officer

Thornburg Investment Management has announced the appointment of Mark Zinkula as its new President & CEO, effective immediately. Zinkula will also join the company's Board of Directors. The appointment comes after a comprehensive global search, according to a press release by Thornburg Investment Management.


Business

Sandia partners with CSolPower LLC to create storage for renewable energy

Sandia National Laboratories has partnered with CSolPower LLC, a New Mexico-based company, to develop an economical energy storage solution for renewable sources. The collaboration aims to transition to zero-carbon electricity generation using solar and wind energy, according to a press release by Sandia National Laboratories.


Business

MFA approves $3.3 million for La Serena Apartments

The New Mexico Mortgage Finance Authority (MFA) has approved $3.3 million in funding for the construction of La Serena Apartments, an affordable senior housing community in northwest Albuquerque. The project, which is a partnership between the Supportive Housing Coalition of New Mexico and Thomas Development, will consist of 100 affordable units for individuals aged 55 and older.


Business

MFA approves $3.3 million for La Serena Apartments

The New Mexico Mortgage Finance Authority (MFA) has approved $3.3 million in funding for the construction of La Serena Apartments, an affordable senior housing community in northwest Albuquerque. The project, which is a partnership between the Supportive Housing Coalition of New Mexico and Thomas Development, will consist of 100 affordable units for individuals aged 55 and older.


Business

NMSU to host ribbon-cutting ceremony for new agricultural buildings

New Mexico State University (NMSU) will be holding a ribbon-cutting ceremony to celebrate the completion of two new agricultural buildings, the Food Science, Security, and Safety Center, and the Animal Nutrition and Feed Manufacturing Facility. The event, scheduled for Friday, November 3rd at 10:30 a.m., will feature dignitaries, elected officials, and NMSU representatives, and will highlight the expected contributions of these buildings to New Mexico's agricultural sector.


Business

EDD reveals grants for NM businesses to expand globally

The New Mexico Economic Development Department (EDD) recently announced a new grant received from the U.S. Small Business Administration under the STEP program. This initiative aims to support small businesses in New Mexico in expanding their international market reach.


Business

EDD updates and offers its Toolbox in Spanish

The New Mexico Economic Development Department (EDD) announced that it has released an updated 2024 version of the Toolbox. The resource booklet has also been fully translated into Spanish, expanding its accessibility according to a press release document by the EDD.


Business

Los Alamos projects in artificial intelligence and machine learning

Los Alamos National Laboratory recently announced that several projects focusing on the application of artificial intelligence and machine learning in science and energy have received funding from the Department of Energy Office of Science. These projects at Los Alamos National Laboratory utilize these advanced technologies to enhance accelerator performance and address challenges in fusion reactor design according to a press release by Los Alamos National Laboratory.


Business

NM Economic Development Department released its September 2023 reports

The New Mexico Economic Development Department (EDD) released its September 2023 reports. The reports reveal that in the fourth quarter of the 2023 fiscal year (April, May and June 2023), New Mexico set a record high in spending, reaching $8.67 billion as measured by Matched Taxable Gross Receipts (MTGR), according to a document announcing the reports provided by EDD.


Business

Nusenda allocates $3 million for NMSU's new lab and financial center

New Mexico State University (NMSU) has received a generous $3 million donation from Nusenda Credit Union, which will be used to establish two financial technology spaces at NMSU. The donation, with $1.5 million allocated to each center, will be distributed at a rate of $150,000 annually, according to a press release by UNM.


Business

UNM R.H. Mallory Center for Community Geography is in search of faculty affiliates

The University of New Mexico (UNM) has announced that the R.H. Mallory Center for Community Geography is currently accepting applications for faculty affiliation. According to a press release by UNM, faculty members and postdoctoral fellows at UNM who are interested in community-engaged teaching, research, or mapping are encouraged to apply.