The team at Four Corners Economic Development (4CED) has the heart and expertise to help people and businesses flourish in San Juan County. 4CED’s goal is to make doing business in San Juan County, NM as easy as possible. Let the 4CED team be your “go-to” concierge for your business requirements, from relocation assistance to economic development financial and tax incentives to start-up assistance.
Incentives
New Mexico and San Juan County offer a variety of economic development financial and tax incentives for new, expanding or relocating businesses. Examples include:
Industrial Revenue Bonds (IRBs) provide for a certain degree of tax exemption/abatement on expansion and relocation of large commercial and industrial projects. San Juan County has approved IRB’s ranging in size from $15 to $70 million.
New Mexico businesses can use the Local Economic Development Act (LEDA) funds to enter into Joint Powers Agreements to plan and support various regional economic development projects.
The Job Training Incentive Program (JTIP) funds up to 6 months of training wages for newly-created jobs in expanding or relocating businesses.
Business Resources
There are also a wide range of services for employers and jobseekers in New Mexico, including:
The New Mexico Workforce Connection – the best location for employers to access recruitment services and job seekers.
State of New Mexico Economic Summary Reports for San Juan County
The State of New Mexico Economic Development Department produces reports on the economic profiles of each of the State's counties. The San Juan County profiles are available below:
| State of New Mexico Economic Summary Reports for SJ County | |||
|---|---|---|---|
| November 2019 | February 2020 | May 2020 | August 2020 |
| December 2020 | March 2021 | May 2021 | August 2021 |
| November 2021 | March 2022 | June 2022 | September 2022 |
| January 2023 | March 2023 | June 2023 | September 2023 |
| February 2024 | May 2024 | June 2024 | |
Starting a Business
4CED knows so many entrepreneurs have amazing ideas but need some initial assistance to put them into practice. That’s why 4CED will connect anyone wishing to start their own business with the experts who can help!
The San Juan College Quality Center for Business and the Enterprise Center is an oasis of one-stop information for new and existing business owners. Through resource partners housed in the center, services include free consultations, workshops, access to lending institutions, market research assistance, referrals and more.
4CED knows the key to driving economic success in San Juan County is helping local business owners and employees be successful from the start! Contact us today to let us serve you!