InnovateABQ is a public-private partnership that aims to foster economic development and job creation in New Mexico by developing a 7-acre innovation district in downtown Albuquerque. The organization follows a Grow from Within philosophy, focusing on creating industry-relevant skills programs, supporting entrepreneurs, and helping existing firms expand and innovate. Their goal is to strengthen local assets and improve the economic prospects of local workers and industries.

InnovateABQ aims to bring together resources and like-minded individuals in an innovation district, reducing transaction latency and increasing interactions. They also prioritize creating access points that are culturally comfortable to the people of Albuquerque. By providing access to new ideas, skills, capital, and mentorship, InnovateABQ aims to increase the chances of success for anyone seeking to improve their income or living standards.

They collaborate with existing innovation and entrepreneurship support programs, aligning services to reduce duplication, increase efficiency, and attract outside investment in the community. With their efforts, InnovateABQ strives to put New Mexico on a path to higher growth and better living standards for all