A. The department shall coordinate all defense conversion and technology transfer activities of the state. The department is authorized to contract with the appropriate partnership intermediaries to assist in the coordination of defense conversion duties.
B. The department shall:
(1) oversee the activities of the manufacturing productivity center and manufacturing extension programs;
(2) coordinate the activities of small business incubators to encourage the development and viability of technology spin-off companies in the private sector;
(3) coordinate appropriate divisions in the department to provide technology export assistance;
(4) coordinate small business development and assistance programs for new and existing businesses;
(5) work with appropriate entities to identify sources of funding for capital expenditure programs and initial venture programs;
(6) coordinate the development of regional technology clusters; and
(7) provide support and coordination assistance as deemed necessary by the commission and the secretary of the department to assist the state in developing defense conversion industries.
History: Laws 1993, ch. 211, § 5 and by Laws 1993, ch. 216, § 5.
Emergency clauses. — Laws 1993, ch. 211, § 6 and Laws 1993, ch. 216, § 7 contained an emergency clause and were approved April 5, 1993.
Compiler's notes. — Laws 1993, ch. 211, § 5 and Laws 1993, ch. 216, § 5 enacted identical new sections.
Structure New Mexico Statutes
Chapter 9 - Executive Department
Article 15 - Economic Development Department
Section 9-15-2 - Findings and purpose.
Section 9-15-4 - Department established.
Section 9-15-5 - Secretary of the economic development department; appointment.
Section 9-15-6 - Secretary; duties and general powers.
Section 9-15-7 - Secretary; additional duties.
Section 9-15-7.1 - Additional planning duties of secretary.
Section 9-15-11 - Economic development commission created; membership; duties.
Section 9-15-12 - Commission; powers and duties.
Section 9-15-12.1 to 9-15-13 - Repealed.
Section 9-15-14 - Administrative services division; duties.
Section 9-15-14.1 - New Mexico outdoor recreation division; duties; definitions.
Section 9-15-14.2 - Outdoor recreation advisory committee; creation; membership; duties.
Section 9-15-14.4 - Outdoor equity grant program; created; administration; grant criteria.
Section 9-15-14.5 - Outdoor equity grant program fund; created.
Section 9-15-15 - Department cooperation with local and regional development agencies.
Section 9-15-16 - Technology enterprise division created.
Section 9-15-17 - Director; duties.
Section 9-15-18 - Proprietary information.
Section 9-15-19 - Technology enterprise fund created.
Section 9-15-19.1 - State match fund created.
Section 9-15-19.2 - New Mexico 9000 program enterprise fund; created; purpose.
Section 9-15-21 to 9-15-27 - Repealed.
Section 9-15-29 - Definitions.
Section 9-15-30 - Mexican affairs division created; duties.
Section 9-15-30.1 - Division of international trade created; duties.
Section 9-15-31 - Director; duties.
Section 9-15-32 - Office established.
Section 9-15-34 - Duties of the department.
Section 9-15-34.1 - Business incubators; conditions for state expenditures.
Section 9-15-35 - Program created; purposes.
Section 9-15-36 - Fund created.
Section 9-15-37 - Short title.
Section 9-15-39 - Definitions.
Section 9-15-40 - Designation as the lead state agency.
Section 9-15-41 - Defense conversion; department duties.
Section 9-15-50 - Duties (Repealed effective July 1, 2028.)
Section 9-15-51.1 - Termination of agency life; delayed repeal. (Repealed effective July 1, 2028.)
Section 9-15-52 - Short title.
Section 9-15-53 - Definitions.
Section 9-15-54 - Minority business assistance program; department duties and powers.
Section 9-15-55 - Minority business assistance fund created.
Section 9-15-56 - Economic development tax incentives; guidelines.
Section 9-15-57 - Solo-worker program.
Section 9-15-58 - Sustainable economy task force; created; staff.
Section 9-15-59 - Sustainable economy task force; duties; strategic plan; reporting.