Job Training Incentive Program (JTIP)

Administered by New Mexico Economic Development Department · New Mexico

BENEFIT

90% credit

Deadline type: rolling

Eligibility Requirements

1Manufacturing businesses or non-retail service companies exporting 50%+ services out of state
2Creating new jobs from expansion or relocation to New Mexico
3Trainees must be New Mexico residents for at least 1 year prior to employment
4Company must be financially sound

Eligible Project Types

Small BusinessIndustrialCommercial

STACKING POTENTIAL

Job Training Incentive Program (JTIP) is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN

View the Job Training Incentive Program (JTIP) compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.

Source: New Mexico Economic Development Department official program page ↗ · Last verified 2026-06-23

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STACKABLE WITH

Michigan Community Revitalization Program

Up to $10M · Direct Grant

Michigan Historic Preservation Tax Credit

25% credit · Tax Credit

Michigan Brownfield TIF

Negotiated / contact agency · Tax Increment Financing

Michigan Business Development Program

Up to $10M · Direct Grant

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