What we do
If you are interested in successfully starting or growing a business in Santa Fe, we’re here to help. The City of Santa Fe’s economic development efforts are dedicated to supporting strong, diverse, well-managed businesses.
We identify partnerships, markets, efficiencies, funding and anything else a business needs to flourish. You’ll find the latest information on on all the types of required business licenses HERE
Please download our RESOURCE GUIDE to find local and regional business service providers, information about financing your business, State and local incentives available and much more!
Would you like a customized incentive analysis? Please fill out our Business Questionnaire
New Mexico has some of the most aggressive business incentives in the country. The following three are the most accessed by Santa Fe Area businesses:
1- High-Wage Jobs Tax Credit–This tax credit equals 10 percent of the wages and benefits for each new economic-base job created. Qualified employers can receive the credit for up to four years.
2-Film Production Tax Rebate–Tax rebate on up to 25% of production expenditures that are subject to State taxes
3- Job Training Incentive Program (JTIP)–The program reimburses between 30 -40 percent of trainee wages and provides for partial reimbursement of per diem and travel expenses.