eg2008 nnmc steamboat presentation

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2008 Economic Gardening Gathering in Steamboat:

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Page 1: Eg2008 Nnmc Steamboat Presentation
Page 2: Eg2008 Nnmc Steamboat Presentation

Ideas, resources, and solutions

Supports Northern New Mexico entrepreneurs

Partners with and enhances existing services

Creates new programs that fill gaps

Page 3: Eg2008 Nnmc Steamboat Presentation

Venture Acceleration FundGetting innovation to market faster

Provides up to $100K investments in regional technology start-ups

Six projects funded—4 have already parlayed results into equity investments

Page 4: Eg2008 Nnmc Steamboat Presentation

“The very early money we received paid for research and development that enabled us to focus and move forward.”

AcousticCytometry Systems

Page 5: Eg2008 Nnmc Steamboat Presentation

SpringboardPropelling companies and ideas to the next level through expert coaching and in-depth examinationInteractive coaching and networking facilitation specifically designed for technology companies with high-growth potential

Six companies and 4 technologies featured

Page 6: Eg2008 Nnmc Steamboat Presentation

“Springboard helped us rethink and refocus our marketing strategy.”

Doxcelerate

Page 7: Eg2008 Nnmc Steamboat Presentation

Education & Networking Events

Providing entrepreneurs with opportunities to gain business “know-how” and networks

Strategic Sponsorships & Partnerships

Leveraging the support of New Mexico’s top organizations and companies

Page 8: Eg2008 Nnmc Steamboat Presentation

“NNM Connect is jumping out front by offering meaningful resources to accelerate enterprise.”

New MexicoCommunity Capital

Page 9: Eg2008 Nnmc Steamboat Presentation

New Mexico Small Business AssistanceSolving New Mexico small business

challenges with Laboratory expertise and resources

Sharing knowledge/resources between small businesses and laboratory personnel

In 2007, Los Alamos and Sandia national labs assisted 238 companies valued at $2.3M

Page 10: Eg2008 Nnmc Steamboat Presentation

Outstanding Innovation:

Armed Response Team

“We didn’t have to be high-tech to get cost-effective, practical assistance.”

Principal Investigator: Kirk Ellard, LANL’s Integrated Physical Security Solutions Office

Need: Portable system to detect intrusion and real-time assessment.

Solution: Solved the economically difficult video transmission and power supply issues.

Page 11: Eg2008 Nnmc Steamboat Presentation

LINKConnecting business networks and know-how for community success

Provides entrepreneurs with the necessary business framework tailored to their needs

Directs them to a network of educational resources, entrepreneurial support services and experienced industry advice

Page 12: Eg2008 Nnmc Steamboat Presentation

Sparks IndustrialServices

“LINK is causing business reactions to speed up, just as catalysts do.”Network assisted with:Workforce trainingCity and county permittingAccess to lines of credit Introductions to potential

customers

Page 13: Eg2008 Nnmc Steamboat Presentation

Market IntelligenceSupplying entrepreneurs with timely, relevant and actionable business information

In-depth research for high growth clients

Partnerships for conducting initial in-depth assessment

Using low-key pilot programs for initial effort

Page 14: Eg2008 Nnmc Steamboat Presentation

More than information, it’s the help and analysis to enable businesses to make better strategic decisions.

IntroducingMarket Intelligence

Page 15: Eg2008 Nnmc Steamboat Presentation

Challenges FOCUS: Finding our target market

COORDINATION: Organizations, programs,

cultures

MARKETING: The chicken and egg dilemma

CLIENTS: Density of entrepreneurial

opportunities

OPTIMIZATION: Choosing the right service

offering

SUSTAINABILITY: Community ownership