The New Mexico Economic Development Department’s Job Training Incentive Program (JTIP) Board approved $647,322.96 in funding at its June board meeting. The funding was awarded to seven companies for the training of 36 new employees. Average wage is $27.33 for the newly created jobs. The next board meeting will be July 12 in Santa Fe.
“The JTIP program encourages job creators to take the next step in growing their businesses,” said Economic Development Secretary Jon Barela. “The program has been a successful tool in promoting the creation of high-wage jobs for New Mexicans through expansions or relocations in industries ranging from technology to aerospace to manufacturing.”
This month’s JTIP recipients are:
- Bendix King – Albuquerque – invents and manufactures technologies to address tough challenges linked to global macro trends such as safety, security and energy. With the creation of a dedicated team to drive this business they anticipate substantial brand growth. 16 jobs – $ 354,762.88
- ClosedWon – Albuquerque -provides web application development, enterprise solutions and Salesforce CRM consulting to businesses primarily in California, Arizona, Tennessee, Florida, Texas, New York and Switzerland. The company’s services are sold in either customized packages tailored to meet customers’ specific requirements or as on-going support contracts. 4 jobs – $80,748
- Imagine Education – Taos – uses the power of narrative within an immersive gaming environment to transform students’ relationship to math. Out of its New Mexico base, it coordinates product development, produces conceptual designs, does preliminary coding for prototypes and extensive testing and evaluation for new products; provides customer support, and coordinates distribution and sales. 5 jobs – $86,696
- IntelliCyt – Albuquerque – is a life sciences technology company that develops, manufactures, sells and supports innovative high throughput flow cytometry products for life sciences research and drug discovery. These products, based on technology licensed from the University of New Mexico, allow customers to discover new and better ways to predict and treat disease. 1 job – $69,789.76
- Nuvita LLC – Albuquerque – provides corporate wellness programs that are customized on an annual or multi-year basis depending on the customer’s goals. Each program utilizes the components of the Nuvita program, including a personal baseline health assessment, a personal Nuvita coach, fun and easy to use technology, and the MyNuvita.com website. 2 jobs – $33,172
- Santa Fe Door – Albuquerque – the company was founded in 1988 and has grown from being a supplier to local builders of quality southwest doors and cabinets to a national company that creates innovative, quality products. 4 jobs – $ 6,030.40
- SunSpot Solar Energy – Las Cruces – designs and installs solar photovoltaic (PV) systems for residential and commercial property. Unlike other solar companies, Sunspot Solar uses the same components on every installation simplifying purchasing, stocking, and installation with the assurance that all necessary components are always in stock. 1 job – $16,123.68
About JTIP
The Job Training Incentive Program (JTIP) reimburses qualified economic-based companies for a portion of training costs associated with job creation. The program provides for classroom or on-the-job training, reimbursing an expanding or relocating business for up to 75 percent of a trainee’s wages for as long as six months. The amount of the award depends on the number and complexity of jobs, the wages paid, and the business location.
To qualify, new or expanding companies must either create a product in New Mexico, or provide a nonretail service with 50 percent of the company’s customer and revenue base outside of the state. The eligible jobs must be full-time and year-round. The trainee must be a new hire to the company and have been a New Mexico resident for at least one year at any time prior to being hired.
For more information on JTIP, visit www.goNM.biz.
