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Financing NM 💰 Grant — Varies

NM Job Training Incentive Program

Source: NM Economic Development Department Verified: March 1, 2026

The New Mexico Job Training Incentive Program (JTIP) provides reimbursement grants to businesses for the cost of training newly hired employees in new or expanding New Mexico facilities. Reimbursement rates range from 50% to 75% of eligible training wages.

Official Source:
NM Economic Development Department
Always verify current information directly with this agency.
Funding Info:
Grant — Varies

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