Feature Article in Inc Magazine


Inc Article 012413

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 with scientists and their graduate assistants.  John knows universities are fertile ground for raw technology with potentially lucrative commercial applications.”

Not only are the Angels jumping on early technologies out of UNM via STC.UNM, but the Angels have founded companies like IPHC and New Mexico Start-Up Factory. These entities are designed to put seed funding into new technologies, create a corporate structure and commercialization plan, while validating the technology. The newly created start-ups are then ready to seek funding!

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