Digital Business & Media Advantages

State-wide incentives make New Mexico very competitive in a high-tech global market. With more than 850 companies employing 12,000-15,000 people, IT/Software is one of our largest high-tech clusters, while film production is rapidly becoming a thriving economic force in the state. New Mexico offers a 25% tax rebate on all production expenditures that are subject to taxation by the state and a no-interest loan for up to $15M for qualifying feature films or television projects. The state also offers a 50% wage reimbursement program for on-the-job training of state residents in technical and crew positions. 

The state offers:

• Job Training Incentive Program
• Film Production Tax Credit
  
• Filmmaker Gross Receipts Tax Deduction
• SIC Equity Investment Fund

• Web Hosting Tax Deduction

Trade Associations/Other Resources

• New Mexico Film Office offers services such as a location breakdown, arranging itineraries for location scouts, acts as a liaison with other agencies and offers guidance throughout the permitting process.
• New Mexico Information Technology and Software Association business and technology peer groups for IT products and services.
• NM Internet Professionals Association links the Metro area's growing dot-com companies, Internet Service Providers, and Web design, engineering, and marketing firms.