STC.UNM hosted their 10th Annual Innovation Awards with NMA’s John Chavez as their Keynote Speaker. The awards were given to 45 University of New Mexico inventors and creators for their 2012 issued patents, registered copyrights and issued trademarks. Additionally, the 2013 Innovation Fellow was awarded to Graham Timmins. This years honorees also included Majeed Hayat and Payman Zarkesh-Ha, the founders of Dynamic Photonics, a New Mexico Start-Up Factory company. For a complete list of the honorees, visit: https://stc.unm.edu/news/news.php?newsid=429.
Kevin Robinson-Avila at the Albuquerque Journal wrote an article Saturday regarding our recent funding of Lem Hunter’s Vibrant Corporation. An excerpt of the article is below: “Albuquerque-based Vibrant Corp. has raised $680,000 from local investors to help manage rapidly expanding demand for its aircraft-component testing services. The Verge Fund, the New Mexico Angels and other individual investors contributed to Vibrant’s latest capital raise, which brings the company’s total private equity since launching in 2007 to more than $3 million. The new investment provides Vibrant –…
John Chavez and the New Mexico Angels were featured in an article by Inc Magazine today. The article “Finding Innovation in the Rough” by Julie Goonewardene outlines how Chavez utilizes university technologies to create start-up companies. An excerpt from the article below. “John Chavez is always on the hunt for the next big idea. Literally. The president of the New Mexico Angels and tax secretary to former governor Gary Johnson spends hours each month trolling the research labs of the University of New Mexico, visiting…
The Angels held a workshop teaching female entrepreneurs in Santa Fe how to grow their companies and prepare for angel funding. Sponsored by WESST and hosted by the Santa Fe Business Incubator, women from different parts of northern New Mexico came out to learn how to: Define their strategic advantage Build a financial team Choose the right business structure for their company Pitch to investors The workshop was a great success, in both presentations and the interactivity from the audience. Thank you to everyone who…
One of the biggest challenges with closing an angel deal is the valuation discussion with the entrepreneur.
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