A MESSAGE FROM THE PRESIDENT

Greetings,

An OFFICIAL welcome to Spring!

During what felt like the windiest week of the year, we recently hosted SEVEN national site selection consultants for a tour of greater Albuquerque - during their visit they enjoyed amazing local cuisine, learned about key development opportunities across the region, discussed talent pipelines, and even enjoyed a walking tour of downtown.

We are eager to continue to host visitors like these to increase their knowledge of and exposure to our market.

Stay tuned for upcoming events, programs, and discussions regarding key AREA initiatives including our urban core, the CHIPS Act, and strategic investments needed to increase our competitiveness.

Cheers,

Danielle Casey, CEcD, EDFP

President & CEO

Save the Date: Nov. 16, 2023

505 Awards and Annual Dinner

Nominations Now Open!

The 505 Leadership in Economic Development Awards and AREA Annual Dinner will take place Nov. 16, but first we must find some amazing and deserving individuals to be honored! Nominations are now open and must be received by June 16. Self-nominations are also encouraged!

FREE INTERS FOR LOCAL EMPLOYERS

SPONSORED BY BERNALILLO COUNTY

In support of our local youth, Bernalillo County is participating with the New Mexico Public Education Department in its high school summer intern program for a third season.

As the fiscal agent for the grant funds, interns are hired and paid by Bernalillo County but are placed in part-time work opportunities throughout the area with a variety of employers.

Bernalillo County takes care of the employment costs so that participating partner companies, such as yourself, can focus on providing the interns with great work experience and exposure to a variety of industries. The 8-week program is part-time, 20 hours per week beginning June 12. The age range of students is 16 – 18 and they earn $13.50 per hour. Ready to request an intern(s)? Please complete this High School Intern Request Form_Summer 2023 form no later than May 12!

Questions? Reach out to Jason Romney, Talent Development Manager at

jromney@bernco.gov, or Cindy WeaselBear, Talent Manager at cweaselbear@bernco.gov.

In Case You Missed It

AREA Building a Regional Economy Event

The Opportunity Enterprise Revolving Fund was created in 2022 to increase economic activity in the state by providing financing for new or existing commercial facilities to attract businesses to New Mexico communities and allow existing businesses to expand their operations.

On April 12 the Opportunity Enterprise Review Board approved the Evaluation and Prioritization Policy and Review Board Rules.

The purpose of the Opportunity Enterprise Evaluation and Prioritization Policy is to provide a systematic, transparent approach to prioritizing projects that meet the overarching goals of creating and expanding economic development opportunities statewide for consideration of enterprise assistance.

That means New Mexico is home to nearly 1,500 associates who work for one of the 50 best workplaces in the country to grow a career.

LinkedIn’s 7th annual national ranking spotlights the companies offering stability in the ever-changing world of work – the ones that are not only attracting workers but retaining them. We are pleased to be recognized for our commitment to our customers, dynamic working, developing our employees and investing in financial education for our communities. Fidelity is also proud to bring this honor to New Mexico and shine a light on how our state creates an environment for businesses to grow and thrive. On behalf of Fidelity associates who call New Mexico home, thank you for your leadership and commitment to making our state a great place for award-winning companies like Fidelity.

Fidelity is still hiring - for more information about our available positions, benefits, work environment or to submit an application, please visit jobs.fidelity.com. 

The report is a snapshot of how Intel is innovating and investing in New Mexico – everything from creating jobs, to helping to make our community more inclusive and sustainable, and highlighting some of the incredible volunteering our employees are up to.



We understand and appreciate our responsibility to innovate and invest in our community, just as each of you do.

Please take a moment to read our new Intel New Mexico RISE Report to learn more – and let us know what you think!

The first-of-its-kind Central New Mexico STEM and Manufacturing Hiring Event will provide opportunities for both employers and job seekers to find an employment match with a company ready to create jobs and expand its payroll, New Mexico Economic Development Department Cabinet Secretary Alicia J. Keyes announced today.

The hiring fair is a collaboration between the New Mexico Economic Development Department (EDD) Job Training Incentive Program (JTIP), Central New Mexico Community College (CNM), New Mexico Workforce Connection, STEM Boomerang New Mexico, and Workforce Connection of Central New Mexico (WCCNM).

The event will take place on Wednesday, May 10, 2023, from 9 a.m. - 2 p.m., at CNM – Smith Brasher Hall, 717 University Blvd SE, Albuquerque, NM 87106. The event is the first to showcase companies that are receiving EDD grants from the Job Training Incentive Program, which reimburses employers for training new workers or retraining existing workers for a job with higher pay. Companies typically have six months from the time of a JTIP award to fill the job.

Unless already approved by JTIP, companies attending must apply by completing the Eligibility Questionnaire found on the JTIP web page at EDD.NewMexico.gov/JTIP. Businesses must also register to attend the event by April 28 at EDD.NewMexico.gov/hiring-event.

AREA Promotes the Region’s Business Advantages at Space Symposium in Colorado Springs, Colorado

Aligned with its mission to establish a national identity as a leading location for business investment, the Albuquerque Regional Economic Alliance (AREA) is attending the 38th annual Space Symposium in Colorado Springs, Colorado in partnership with the New Mexico Economic Development Department, the New Mexico Partnership, and local industry and commercial real estate leaders.

Best Practices and Visionary Ideas Shared at ‘The Case for Downtown’ Event

Albuquerque Regional Economic Alliance and its Technology and Innovation Advisory Council hosted a quarterly event focused on the importance of the urban core to the entire regional economy.

Arcosa chooses New Mexico for new wind-tower production facility

Belen will get a big economic boost with the expansion of a wind-tower manufacturer into the area, one that will add roughly 250 jobs. Texas-based Arcosa Inc. announced Tuesday its subsidiary, Arcosa Wind Towers, will open a wind-tower production facility in Belen with production to begin as soon as next year.

Thank you to our contributors

Diamond

Public Service Company of New Mexico (PNM)

Platinum

University of New Mexico

Gold

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