GRANTRADAR/Grant Programs/STEP-UP Program
New Mexico StateDirect GrantStackable

STEP-UP Program

Administered by New Mexico Economic Development Department · New Mexico

BENEFIT
75% credit
Deadline type: rolling

Eligibility Requirements

  • 1Training for current incumbent employees
  • 2Qualified companies that participate in JTIP
  • 3Training must increase knowledge and skills
  • 4Covers custom management, supervisory, and industry-specific training

Eligible Project Types

Small BusinessIndustrialCommercial
STACKING POTENTIAL

STEP-UP Program 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 STEP-UP Program 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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