Industry-Specific Grants, Loans & Tax Incentives Are Available in Chaves County

The state of New Mexico offers incentives to attract industry. Below are some of the available incentives. We encourage you to contact us to see what you qualify for and to discuss local incentives as well. 

Industry-Specific Incentives

  • Angel Investment Credit
  • Consumables Gross Receipts Tax Deduction for Manufacturers
  • High Wage Jobs Tax Credit
  • Investment Tax Credit for Manufacturers
  • Rural Jobs Tax Credit
  • Single Sales Factor
  • Trade Support Company in a Border Zone

  • Aircraft Deduction
  • Directed Energy and Satellites
  • High Wage Jobs Tax Credit
  • Military Acquisition Program Tax Deduction
  • Research and Development Tax Deduction
  • Rural Jobs Tax Credit
  • Spaceport-Related Activities Gross Receipts Tax Deductions

  • Financial Management Tax Credit
  • High Wage Jobs Tax Credit
  • Rural Jobs Tax Credit

  • Angel Investment Credit
  • Film Post Production Services 25% Refundable Tax Credit
  • Rural Software Development Gross Receipts Tax Deduction
  • Technology Jobs and Research and Development Tax Credit
  • Web Hosting Gross Receipts Tax Deduction

  •  Advanced Energy Deduction & Advanced Energy Tax Credit
  •  Alternative Energy Product Manufacturer’s Tax Credit
  •  Biodiesel Blending Facility Tax Credit
  •  Biomass-Related Equipment & Materials Deduction
  •  Renewable Energy Production Tax Credit

  • Locomotive Fuel Gross Receipts & Compensating Tax Exemption
  • Trade Support Company in a Border Zone

  • Beer & Wine Producers’ Preferential Tax Rate
  • Consumables Gross Receipts Tax Deduction for Manufacturers
  • Investment Tax Credit for Manufacturers
  • Rural Jobs Tax Credit
  • Single Sales Factor