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Incentive program supports 2,380 NM jobs in 2020

ALBUQUERQUE, N.M. — New Mexico’s Job Training Incentive Program Board allocated funding to eight businesses to support a total of 87 jobs in December.

The following companies received funding, according to the New Mexico Economic Development Department:

  • Beck & Bulow Buffalo, which received $41,000 to support six trainees in Santa Fe.
  • Boeing Co., which received $1.113 million to support 34 trainees in Albuquerque.
  • Indica Labs, which received $63,431 to support two trainees and five interns in Albuquerque.
  • KiloNewton, which received $95,666 to support four trainees and an intern in Albuquerque.
  • National Water Services, which received $35,640 to support four trainees in Santa Fe.
  • Systems Integration, which received $11,700 to support a single Albuquerque trainee.
  • X2nSAT, which received $160,650 to support 11 trainees and seven interns in Las Cruces.
  • X-Bow Launch Systems, which received $241,783 to support nine trainees and three interns in Albuquerque.

All told, $20.7 million was awarded through JTIP in 2020, according to EDD. That funding supported 2,380 New Mexico jobs, 29% of which are based in rural communities, according to the state agency.

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