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Program puts $100K toward spurring entrepreneurship in NM

Program puts $100K toward spurring entrepreneurship in NM
abqjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abqjournal.com Daily Mail and Mail on Sunday newspapers.

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Innovate ABQ unveiling Downtown plan

Copyright © 2021 Albuquerque Journal
A new round of accelerated development is coming to the University of New Mexico’s Innovate ABQ high-tech research and development zone Downtown.
The old First Baptist Church at Central and Broadway in Downtown Albuquerque on Wednesday, July 14, 2021. (Robert Browman/Albuquerque Journal)
UNM will unveil an updated master plan this afternoon to reinvigorate the build-out of the 7-acre site at the corner of Central and Broadway. The new plan calls for a more flexible approach to developing the Old First Baptist Church property that UNM acquired in 2014, allowing it to be built in more manageable, bite-size spurts, said Lisa Kuuttila, president and CEO of Rainforest Innovations, which manages the university’s entrepreneurship and technology-transfer programs. ....

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Stronger than the pandemic: Few, if any, NM startups failed in latest downturn

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The Lobo Rainforest building was largely empty during the pandemic, but Rainforest Innovations maintained programming online. (Jim Thompson/Albuquerque Journal)
ALBUQUERQUE, N.M. Long-time angel investor and serial entrepreneur John Chavez had an unenviable front-row seat during the economic devastation wrought by the Great Recession in 2008.
John Chavez
At that time, New Mexico’s incipient startup ecosystem had limited resources to support many struggling businesses that had recently launched prior to the crisis, and investors like Chavez could do little as numerous startups crashed and burned in the downturn.
Now, 13 years later, it’s a very different story as the state and country emerge from the pandemic, which plunged the economy into a far-worse crisis than the one a decade ago. This time, the local ecosystem was well-prepared to weather the storm, armed with a ....

Central New Mexico Community College , New Mexico , United States , University Of New Mexico , Aliciaj Keyes , Janne Haines , Jim Thompson Albuquerque , David Blivin , Kramer Winingham , Rob Delcampo , Brian Birk , Lisa Kuuttila , John Chavez , Innovation Academy , Job Training Incentive Program , Mexico State University Arrowhead Center , Arrowhead Center , Economic Development , Severance Tax Permanent Fund , Arrowhead Economic Research , Investment Council , Cottonwood Technology Funds , Investment Fund , Paycheck Protection Program , Lobo Rainforest , Rainforest Innovations ,

Startup scene looks poised for robust return

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Once statewide vaccinations got underway, people started trickling back in. As of late June, about 50 people were renting space again.
And now, with the state’s full economic reopening on July 1, FatPipe is set for a new surge in activity.
“Things are definitely picking up,” Adkins said. “Things are really flowing again.”
Like FatPipe, New Mexico’s myriad entrepreneurial programs, startup accelerators, newly launched businesses and networking forums are all preparing for a robust return to in-person activities. And most of the community’s movers and shakers expect the startup ecosystem to come back even stronger than before, buoyed by a virtual world of interaction that kept the bustling, pre-COVID startup landscape alive and vibrant, even during the pandemic. ....

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Back to the office: NM employers wrestle with how, when to reel in workers from telecommuting

ALBUQUERQUE, N.M. — Like a lot of employers, True Health New Mexico moved nearly all of its employees out of its office . ....

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