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GrantNew MexicoActiveVerified

New Mexico Job Training Incentive Program (JTIP)

New Mexico Economic Development Department (EDD)NM-JTIPRefreshed 12 days ago
Do I qualify?
Who can apply

Businesses

Government-funded

Max funding

$500K

per applicant

Type

Grant

Cash award, application-based

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Or check for open cycles

Complexity

Moderate

Standard state application

About This Program

Reimburses 50%–75% of new employee wages during on-the-job training for New Mexico businesses in traded-sector industries. JTIP helps companies offset the cost of training new hires in manufacturing, software, call centers, and other industries that export goods or services.

Key Requirements & Eligibility

  • 1Traded sector business creating new jobs in New Mexico
  • 2Training reimbursement: 75% of wages in rural areas, 50% in metro areas
  • 3Training period: up to 1 year per new employee
  • 4Jobs must be sustained for 1 year post-training
  • 5Apply before hiring begins through EDD

Do I qualify?

Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Traded sector business creating new jobs in New Mexico

2.Training reimbursement: 75% of wages in rural areas, 50% in metro areas

3.Training period: up to 1 year per new employee

4.Jobs must be sustained for 1 year post-training

5.Apply before hiring begins through EDD

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Official Source