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State Focus: New Mexico – Welcoming the World

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M ore and more manufacturers from around the country and the world are starting to notice New Mexico as a leading center for commerce, industry, and trade. RSI), an Atlanta-based information technology services company, is opening its fourth software development center in Albuquerque. In September, Rural Sourcing Inc.

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New Mexico Incentives and Workforce Development Guide

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For a list of New Mexico economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Funding of grants is strictly based on the receipt of capital outlay funds appropriated by the New Mexico Legislature. LEDA funds are provided on a reimbursable basis only.

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New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The updated New Mexico incentives guide is brought to you by Real Street Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. For a list of New Mexico economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide.

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State by State Incentives Guide

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Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries.

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STATE INCENTIVES GUIDE

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CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.

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Feature Story: 2016 Economic Development Awards

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Pennsylvania’s decision to consolidate hundreds of bridge projects into a single procurement financed by a bond fund managed by a new Public-Private Partnership (P3) should serve as a model for the rest of the country. The $722-million project is the largest private-activity bond financing of a public-private partnership in the U.S.

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FEATURE STORY: High-Tech Hubs Are Moving To Their Markets

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California-based software development company, Smith Micro Software, has established a significant presence in the Pittsburgh region. The company, which develops software applications for mobile platforms, opened its R&D center in southwestern Pennsylvania in 2010. In the past decade, nearly $1.8 funding round.