Venture capital firm bets on New Mexico 

By | June 15th, 2017|New Mexico, Venture Capital|

When Brian Birk, the managing partner of Sun Mountain Capital, talks about venture investing in New Mexico, his voice projects an almost evangelical fervor.

The man is a believer: “New Mexico is a technically sophisticated place with a very deep talent pool,” he said. “Look at Silicon Valley. There are startups everywhere, but little innovation. It’s […]

New Mexico State University Arrowhead Innovation Fund receives $800,000 for high-tech startups

By | June 1st, 2017|New Mexico, Startup Fund|

The Arrowhead Innovation Fund at New Mexico State University’s Arrowhead Center is one of three organizations to receive investment from the state’s Catalyst Fund, a $20 million “fund of funds” to support New Mexico companies, Gov. Susana Martinez announced Tuesday in Albuquerque. The Catalyst Fund is expected to support more than 50 companies in New […]

New $40M Venture Capital Catalyst Fund Will Be Critical to Start-Up Growth in New Mexico

By | May 25th, 2017|New Mexico|

New Mexico is still mired in muck from the recession, but better times may be coming for local entrepreneurs looking to start new businesses.

About $40 million in new venture capital could soon be flowing into startups across the state now that the State Investment Council’s new Catalyst Fund has begun doling out money for […]

New Mexico Arrowhead Innovation Fund receives investment from state’s Catalyst Fund

By | May 9th, 2017|New Mexico|

The Arrowhead Innovation Fund at New Mexico State University’s Arrowhead Center is one of three organizations to receive investment from the state’s Catalyst Fund, a $20 million “fund of funds” to support New Mexico companies, Gov. Susana Martinez announced Tuesday in Albuquerque. The Catalyst Fund is expected to support more than 50 companies in New […]

New New Mexico state Catalyst Fund announces first awards

By | May 3rd, 2017|New Mexico, State or Government|

Many cash-strapped New Mexico startups may soon get a critical boost from a state-backed investment program that’s pumping an initial $4.65 million into three local venture funds.

Gov. Susana Martinez announced Tuesday that the state’s new $20 million “Catalyst Fund” is making its first three commitments to investment funds managed by New Mexico State University, and […]

New Mexico State University’s AgSprint accelerator selects first participants

By | April 14th, 2017|Accelerator/incubator, New Mexico|

Six promising startup companies that are developing technology in all areas of agriculture have been selected for a new accelerator program at New Mexico State University’s Arrowhead Center.

The AgSprint accelerator, part of the Arrowhead Technology Incubator, is a five-month venture-builder program designed to support innovation in agriculture by connecting agricultural entrepreneurs to financing, demonstration […]

New Mexico state pumps $40M into venture investments from tax fund

By | October 27th, 2016|New Mexico, State or Government|

The New Mexico State Investment Council unanimously approved another $40 million from the Severance Tax Permanent Fund Tuesday for venture investments in local startup companies.

The money will help replenish the SIC’s Co-Investment Fund, which makes direct investments in startups in partnership with venture capital firms. The new money raises SIC cash commitments to the fund […]

New Mexico state pumps $40M into venture investments from tax fund

By | October 27th, 2016|New Mexico, State or Government|

The New Mexico State Investment Council unanimously approved another $40 million from the Severance Tax Permanent Fund Tuesday for venture investments in local startup companies.

The money will help replenish the SIC’s Co-Investment Fund, which makes direct investments in startups in partnership with venture capital firms. The new money raises SIC cash commitments to the fund […]

New Mexico Investment Council OKs new startups fund

By | January 19th, 2016|New Mexico, State or Government|

The State Investment Council drew broad praise on Tuesday for approving a new funding program that could allow up to $40 million or more to flow into startup companies statewide.The council unanimously approved the establishment of a new $20 million “fund of funds” that will provide money to micro funds around the state that invest […]

Anchor investment from NMSU Foundation helps launch Aggie Innovation Fund

By | March 9th, 2015|New Fund Announcement, New Mexico|

In the past year, New Mexico State University has introduced new technologies and products in areas as wide-ranging as dyes that will help identify and treat cancer, organic pesticides, voice authentication security software, and shrimp that can be grown in the desert.

The common thread between these innovative ideas is the need for funding to get […]