NM Start-Up Factory’s EPI Gets Funded

EcoPesticides International received $89,000 from the University of New Mexico’s Co-Investment Fund. The new funds,  increase the company’s total to $400,000 raised. The co-investment fund also triggered a $50,000 investment from a new investor. “We’re making good use, and we have a lab in Santa Fe,” John Chavez said. “That triggered more runway, too. We can go to the end of 2015 without any other fund-raising.” Read the full article at : Albuquerque Business First: UNM Foundation Invest in Local Startup in Another VC Style…

McCorkle & SSTP Create Billions In Economic Activity

Longtime friend and advocate of the Angels, Sherman McCorkle and his partners at the Sandia Science and Technology Park were recognized last week for their work on the East side of town. Since 1998 the SSTP has generated billions in economic activity. The Economic Impact Report happens every two years as a partnership between STTP, MRCOG, the City of Albuquerque and Bernallillo County. By The Numbers (since 1998): Currently houses 37 companies in 25 buildings with 2,470 employees $89 million in State of New Mexico…

ABQ Journal: One on One with John Chavez

John Chavez New Mexico Angels

NMA President John Chavez was interviewed by Jessica Dyer today to give readers a background on the organization’s leader. Everything from fun facts about his favorite foods, to the time he worked in a silver mine in Idaho. Below are a few paragraphs from the article. Full article can be found at: http://www.abqjournal.com/482782/biz/one-on-one-with-john-chavez.html “John Chavez sees opportunity everywhere. At 16, he saw it down the street. He used his father’s lawn mower to launch a neighborhood lawn-care operation, one he grew into a five-employee outfit that…

Angels Invest in BowTie; Bowtie Wins $30k

Bowtie wins TVC Deal Stream Summit New Mexico Angels

Albuquerque’s Seed Worthy (and their product Bowtie) and the New Mexico Angels have closed on a $150,000 investment. BowTie’s proprietary software simplifies hosting and development of complex software for developers. It’s ability to launch complex programming systems saves developers time and energy, while allowing them to get instant market evaluations and feedback. The funding dollars will be used to further develop the company in preparation for their formal launch. More developers will be hired and money will also be used to help get more customers…

ABQ Journal: Forum teaches venture capital basics

By Kevin Robinson-Avila / Journal Staff Writer PUBLISHED: Monday, October 6, 2014 at 12:02 am A newfound surge in entrepreneurialism and startup activity is evident in New Mexico, but beyond money from friends and family, many emerging businesses need to seek outside funding for liftoff. Aspiring entrepreneurs can learn some of the basics of finding that early-stage capital from professional investors during a panel discussion Oct. 16 at the Albuquerque International Balloon Museum. The event, organized by the Coronado Ventures Forum, aims to educate business…

Sandia unveils new tech transfer center

We at NMA are very excited about Sandia National Labs, the City of Albuquerque, and UNM’s partnerships. We hope that it will continue to foster innovation, commercialization and investable companies that create jobs for the New Mexico economy. Below is part of the article wrttien by Kevin Robinson Avila of the Albuquerque Journal.   “Sandia National Laboratories is taking its technology transfer efforts to the next level with plans for a one-stop shop for the lab’s tech-transfer programs  — located outside Kirtland Air Force Base….

ABQ Journal: Investors get a peek behind the fence at Sandia

By Kevin Robinson-Avila / Journal Staff Writer PUBLISHED: Thursday, September 25, 2014 at 4:24 pm Sandia materials engineer Marcus Chavez shows the microscale fiber-optic sensor that he and two other Sandia scientists developed. Chavez showed the invention to New Mexico Angels on Thursday to entice them to invest in potential market applications, such as embedding the sensors in jet engines or car motors for real-time diagnostics of performance and safety. Photo: Kevin Robinson-Avila krobinson-avila@abqjournal.com Thu Sep 25 15:42:11 -0600 2014 1411681329 FILENAME: 179174.jpg Sandia National…

Seed Worthy lands six-figure investment from NM Angels

Reprinted Courtesy of Albuquerque Business First Dan Mayfield Reporter- Albuquerque Business First Sep 10, 2014, 10:02am MDT Albuquerque’s Seed Worthy closed on a new $150,000 investment from the New Mexico Angels on Wednesday, said founder Scott Maloney. “We are excited to see such strong market and investor validation of our launch platform. BowTie will be unleashing the creativity of developers the world over,” Maloney said Wednesday. Albuquerque’s Seed Worthy closed on a new $150,000 investment from the New Mexico Angels on Wednesday, said founder Scott…

Press Release: La Plata Economic Development Alliance Partners with New Mexico Angels to Host Angel Investment Dinner

FOR IMMEDIATE RELEASE                                                                                                                         La Plata Economic Development Alliance Partners with New Mexico Angels to Host Angel Investment Dinner for Start-Ups on August 1 in Durango DURANGO, CO, July 22, 2014 – The La Plata Economic Development Alliance and the New Mexico Angels announced today that they will be holding an Angel Investment Dinner at Durango Mountain Resort on Friday, August 1 at 5:15pm. The event is designed to bring entrepreneurs and angel investors together to fund start-up companies in the region. “We believe in the…

NM venture capital still in recession (ABQ Journal)

  By Kevin Robinson-Avila / Journal Staff Writer PUBLISHED: Monday, June 16, 2014 at 12:05 am The latest tally of venture capital investment in New Mexico shows funding for local startups barely has budged since the recession knocked the industry on its heels. Less than $42 million in venture funds flowed into local companies last year, according to newly complied statistics from the New Mexico Venture Capital Association. That’s virtually unchanged from 2012, when investors pumped about $40 million into local startups, and it’s just…

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