What does AED mean in DEVELOPMENT

Overview

AED’s mission is to create jobs and increase wealth of businesses within the Albuquerque area. The organization works with government agencies at local, regional, state, and federal levels to secure funding for projects that benefit businesses in New Mexico’s largest city. It also develops strategic partnerships with universities and industry leaders in order to bring new technologies and firms into the area. AED also provides technical assistance services such as site selection analysis, loan packaging services, workforce training programs, access to capital markets through its network of lenders and investors, tax incentives counseling services among other services geared towards helping companies grow successfully throughout Albuquerque.

Services Offered

AED’s commitment to the creation of jobs is demonstrated through its many programs directed at fostering economic growth within Albuquerque. These include: Job Creation Programs which offers funds for job creation; Business Retention & Expansion Program which fosters collaboration between existing local companies and potential new market entrants; WORKFORCE Training Programs which can be tailored according to the specific needs of employers; Technology Transfer Program which promotes knowledge-sharing among local researchers/scientists; Access to Capital Markets Program which assists businesses with loan packaging services as well as connecting them with possible investors or lenders; Tax Incentives Counseling Services helps calculate whether a company qualifies for eligible tax credits or incentives both at state level or federal level; Project Selection Analysis helps develop strategies regarding certain projects; Incubator Space leasing helps start-up companies gain access to affordable space.