Incentives
A number of general and industry-specific programs are available from the State of New Mexico. MVEDA’s professional staff will assist new and expanding industries in determining possible incentive advantages.
Industrial Revenue Bonds (IRB)
General Incentives:
Job Training Incentive Program
High Wage Jobs Tax Credit
Rural Jobs Tax Credit
ISO 9000
New Markets Tax Credit
Angel Investment Tax Credit
Industry Specific Incentives:
Aircraft Refurbishing or Remodeling Tax Deduction
Aircraft Manufacturing Tax Deduction
Aerospace Research and Development Deduction
Space Gross Receipts Tax Deduction
Agricultural Business Tax Deductions and Exemptions
Advanced energy Tax Credits
Alternative Energy Product Manufacturers Tax Credit
Biodiesel Blending Facility Tax Credit
Blended Biodiesel Fuel Tax Credit
Hybrid Vehicle Tax Exemption
Renewable Energy Production Tax Credit
Solar Energy Systems Gross Receipts Tax Exemption
Solar Market Development Income Tax Credit
Sustainable Building Tax Credit
25% Film Production Tax Rebate
Film Investment Loan Program
Research and Development Small Business Tax Credit
Research and Development Gross Receipts Tax Deduction
Rural Software Gross Receipts Tax Deduction
Web Hosting Gross Receipts Tax Deduction
Technology Jobs Tax Credit
Investment Tax Credit for Manufacturers (Investment Credit Act)
Telemarketing Gross Receipts Tax Exemption
