Albuquerque Economic Development, Inc. (AED) is a private, non-profit organization designed to recruit economic based companies to the Albuquerque Metro Area and assist with the retention and expansion of existing industry. AED has been in existence for 50 years and has recruited more than 200 companies, resulting in the creation of more than 20,000 new jobs.
AED’s success is important to the economic vitality of the Greater Albuquerque Metro Area. A strong economic base is essential for job creation and quality of life. Typical annual budgets for competitor cities exceed $2,000,000. AED’s annual budget is about $1,500,000. Approximately 80 percent of this budget is spent to market the Albuquerque Region to industry and site selection consultants and to assist the retention and expansion of existing industry.
An effective economic development and job creation program requires the ongoing support of AED’s investors. The average private sector investment is $2,300 and AED’s top 100 investors dedicate an average of $5,400 per year to our efforts. The Turquoise Level investment in AED is the minimum investment of $2,000 per year.
Nearly 400 companies invest yearly in AED to help finance and support our economic development efforts. The variety and size of companies ranges from large national corporations to locally-owned small businesses. To search our directory of investors click here.
Please join us in our effort to strengthen and insure an economically healthy, fiscally sound community. For the benefits of investment in AED, visit How to Join or contact at Rebecca Trujillo or 505-246-6200.