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Economic Development

Economic Development Project Overviews


  • Healthy Neighborhoods Albuquerque
    The University of New Mexico Health Sciences Center is leading Health Neighborhoods Albuquerque, a collaboration by Albuquerque’s anchor institutions to create “Main Street” jobs by buying locally, hiring locally and supporting small business development in Albuquerque’s under-invested neighborhoods. As one of six such institutions spearheading the effort, the HSC commits to providing support for local business growth. The premise is that 50% or less of a person’s health or a community’s health relates to the health care. This enterprise helps to address the social determinants of health – factors like education, poverty, violence, diet and personal behaviors that influence the likelihood of developing some diseases.
  • Bioscience Authority
    The Bioscience Authority was created by the State of New Mexico in 2017 as a public-private partnership representing a collaborative among state government, research institutions, national laboratories and private industry in New Mexico. The authority aims to develop methods, programs and initiatives that stimulate investment in bioscience industries and provide additional employment opportunities for New Mexico residents.
  • BioVenture for Community Health
    This program, under the UNM Clinical and Translational Science Center, provides opportunities for faculty, students and the community to learn about efforts in advancing the biotech sector in New Mexico. From training and education to mini-sabbaticals and network gatherings, BioVenture is providing new opportunities in a variety of ways, including bringing undergraduate and graduate students from both the HSC and UNM School of Engineering together in the Biodesign program. It also provides training in the development of intellectual property, licensing, small business start-ups and NIH grants.
  • Innovate Albuquerque
    Innovate ABQ’s vision is to create an integrated work-live-play community that is multi-dimensional. The idea is to create a one-stop-shop approach for companies, entrepreneurs and investors seeking to evaluate new technology and create new business opportunities. Research and commercial labs, science and technology companies, educational programs, business services, support services, commercial and retail businesses, and residential living space and amenities share space in a way that allows people to work together as they wish and be an essential part of the community that is connected to UNM and the City. The mission of the initiative is to strengthen the economic base in the mid-Rio Grande region and throughout New Mexico by creating more knowledge-worker jobs for graduates from our educational institutions and experienced workers in our communities.
  • New Mexico Workforce Analysis Program
    The New Mexico Center for Health Care Workforce Analysis is charged with tracking the ebb and flow of the number of health care providers throughout New Mexico. It’s also tasked with studying our state’s difficulty in recruiting and retaining doctors, nurses, surgeons and other health care professionals.
    In 2012, the Health Care Work Force Data Collection, Analysis and Policy Act, became a state law.