The Job Training Incentive Program (JTIP) supports economic development in New Mexico by reimbursing qualified companies for a significant portion of training costs associated with newly created jobs. Reimbursements typically range from 40%-70% of employee wages and a portion of the cost of custom classroom training.
The JTIP program strengthens New Mexico’s economy by providing financial incentives to companies that create new economic-based jobs in New Mexico. Training funded by JTIP also elevates the skill level of the New Mexico residents who fill funded positions. Since the program’s inception in 1972, more than 1,000 companies and close to 50,000 New Mexico workers have benefited from the program. Eligibility for JTIP funds depends on the company’s business, the role of the newly created positions in that business, and the trainees themselves.
Continue Browsing
Our Top Incentives
Continue Browsing
Our Top Incentives