Pajarito Powder was one of 14 companies approved to receive Job Training Incentive Program (JTIP) support, as approved by the JTIP Board at their May 14th meeting.
The program, administered by the New Mexico Economic Development Department provides a portion of trainee wages for a period of up to six months. This enables exporting, economic-base companies like Pajarito Powder to aggressively hire new workers and provide on-the-job training that would be difficult without the benefit of the program. The program is for residents of New Mexico and accentuates benefits for those who have graduated within the past twelve months from a New Mexico institution of higher education or who are U.S. Veterans.
Pajarito Powder CEO and Chairman, Thomas J. Stephenson states, “The JTIP program is yet another benefit of operating in New Mexico. The well-designed program provides crucial resources to train not only for technical positions, but highly specific technical positions like those at Pajarito Powder, preparing workers for the emerging hydrogen economy and the larger cleantech space. The State of New Mexico is helping us train New Mexicans for tomorrow’s jobs today and we greatly appreciate their support.”
Pajarito Powder, LLC is a domestic venture-backed startup, funded by the Verge Fund, Omphalos Venture Partners and other private investors. Focused on developing next-generation catalysts and catalyst supports for the fuel cell and electrolyzer industries, Pajarito Powder works with automotive OEMs, fuel cell component companies and major electrolyzer manufacturers internationally. Pajarito Powder is an established leader in advanced catalyst and catalyst support development in rapidly accelerating clean/green hydrogen energy industries.