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EDD updates and offers its Toolbox in Spanish
Business

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.


Los Alamos projects in artificial intelligence and machine learning
Business

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.


NM Economic Development Department released its September 2023 reports
Business

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.


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

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.


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

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.


 New Mexico releases its '2023 State of the Workforce Report'
Business

The New Mexico Department of Workforce Solutions (NMDWS) has recently released its '2023 State of the Workforce Report', which provides a comprehensive look at various aspects of New Mexico's current workforce. This report delves into vital topics such as population, education, labor, unemployment, industry, employment projections, income, and wages, offering valuable insights into the state's current and future workforce.


Enterprise Financial CDE secures $60 million allocation in new markets tax credits
Business

Enterprise Financial CDE, a subsidiary of Enterprise Financial Services Corp, has secured a $60 million allocation of New Markets Tax Credits (NMTC) from the Community Development Financial Institutions (CDFI) Fund of the U.S. Department of Treasury. The credits will be used to support community development projects and qualified businesses in low-income and underserved communities. According to Enterprise Bank & Trust, the NMTC program spurs $8 of private investment for every $1 invested.


Efficient analysis of large-scale simulation data with Los Alamos and AirMettle partnership
Business

In a collaboration between Los Alamos National Laboratory and AirMettle, a solution has been developed for the efficient analysis of complex data from large-scale simulation campaigns while ensuring data security. This innovative approach involves conducting certain aspects of data analytics in close proximity to the data storage which minimizes data transfer according to a press release.


German Company mtex Antenna Technology expands investment in Albuquerque's Technology, Engineering, and Machining Sector
Business

German company mtex is set to establish a facility in Albuquerque to meet the needs of its North American clients,including the National Radio Astronomy Observatory (NRAO) and the Smithsonian Astrophysical Observatory in Cambridge, MA. mtex specializes in the production of telescopes for astronomy and geodesy, along with advanced antennas for specialized applications, according to a press release by the NM Economic Development Department (EDD).


'One Albuquerque, One Hundred Poets' wins Top Poetry Anthology Award at 2023 NM-AZ Book Awards
Business

The City of Albuquerque's Department of Arts & Culture's poetry anthology, "One Albuquerque, One Hundred Poets," has been recognized as the Top Poetry Anthology at the 2023 NM-AZ Book Awards. The award was presented by the New Mexico Book Co-Op, and the publication was a collaboration with the Albuquerque Public Library Foundation.


Nine researchers from Los Alamos have been recognized as 2023 Laboratory Fellows
Business

Los Alamos National Laboratory has announced its 2023 Fellows, including Tariq Aslam, Rod Borup, William Daughton, Tess Lavezzi Light, Filip Ronning, Richard Van de Water, Hari Viswanathan, Ivan Vitev, and Scott Watson. Being appointed as a Fellow at Los Alamos represents a recognition of accomplishments in the fields of science and engineering, encompassing a wide spectrum of achievements spanning from fundamental research to practical mission-oriented endeavors according to a press release.


Visa partners with Expel to assist clients in cybersecurity risk management
Business

Visa has announced a strategic partnership with Expel, a leading security operations provider, as part of its expansion in the Managed Detection and Response (MDR) sector. This collaboration aims to simplify the process for clients worldwide to prepare for and defend against cybersecurity threats.


The public is invited to participate in discussions and share their input regarding the Blake Road Redesign Project in Bernalillo County
Business

The public is encouraged to participate in a meeting hosted by Bernalillo County to offer input on the planned redesign of Blake Road, spanning from the Isleta Drain to Isleta Boulevard. Project specialists will conduct a presentation, followed by a Q & A session to engage with attendees according to a press release.


Los Alamos National Lab Nurse Shannon Griffin dedicated 15 years to volunteering in Honduras
Business

On September 27, 2023, Los Alamos National Lab highlighted a nurse at the lab who has been volunteering in Olanchito, Honduras since 2006. In Olanchito, Shannon collaborated with a specialized medical team focused on phlebology, which involves diagnosing diseases and conditions related to veins and leg ulcers according to a press release.


Los Alamos National Laboratory named among 'Top Companies for Latinas to Work for in 2022' by LATINA Style Magazine
Business

Los Alamos National Laboratory has been recognized as one of the "Top Companies for Latinas to Work for in the United States in 2022" by LATINA Style magazine. The announcement was made on September 26, 2023, and the selection was based on assessments of workplace factors significant to LATINA Style readers.


BernCo Safari Run 2023 on Oct.1 to support Global Health Partnerships
Business

Bernalillo County's Safari Run, organized to benefit Global Health Partnerships, a local nonprofit composed of medical professionals and volunteers committed to assisting a medical clinic in rural Kenya, is set to take place on Oct. 1. The event will be held at the UNM North Campus Golf Course Open Space, located at 2201 Tucker Ave. NE, according to a press release.


DOE, U.S. said DOE allocates almost $48 million to advance clean hydrogen technologies
Business

The U.S. Department of Energy (DOE) has recently announced an allocation of $47.7 million in funding for 16 projects aimed at advancing clean hydrogen technologies. These initiatives, managed by the DOE's Hydrogen and Fuel Cell Technologies Office, will be conducted across 13 states and will contribute to the ongoing efforts to reduce the production cost of clean hydrogen. The projects will focus on various aspects, such as developing fuel cells for zero-emission trucks, capturing lost hydrogen during transfers, designing composite tanks for hydrogen transport, and developing...


Bernalillo County Commissioners grant approval for the request of industrial revenue bonds to fund a storage facility
Business

Bernalillo County Commissioners have granted approval for an industrial revenue bonds (IRBs) request to fund the construction of a storage facility. The request, made by Johnson Storage & Moving Co., LLC, was given unanimous approval with a 4-0 vote. The facility, which will be located at 118th Street and Central Ave., NW, aims to provide moving and storage services to both local residents and individuals from out of state.


New Mexico Mortgage Finance Authority's Restoring Our Communities Program aims to foster affordable housing and neighborhood revitalization
Business

The New Mexico Mortgage Finance Authority (MFA) has launched the Restoring Our Communities (ROC) Program to address the need for affordable housing in the state. The program, which began on September 1, 2023, aims to restore vacant houses and provide affordable housing opportunities. This initiative not only helps individuals and families find affordable homes but also revitalizes neighborhoods by eliminating vacant and deteriorating houses that lower property values and increase insurance costs for nearby homeowners.


The New Mexico Mortgage Finance Authority has earmarked more than $2.2 million for the expansion of the HOME Rehabilitation Program
Business

The New Mexico Mortgage Finance Authority has recently announced that it will be allocating more than $2.2 million towards the expansion of the HOME Rehabilitation Program. This funding comes from a grant obtained through the federal HOME Investment Partnership Program, and will be used to revitalize residences occupied by eligible low-income homeowners across 25 counties and three Tribal Territories in the state.