eg2008 nnmc steamboat presentation
DESCRIPTION
2008 Economic Gardening Gathering in Steamboat:TRANSCRIPT
Ideas, resources, and solutions
Supports Northern New Mexico entrepreneurs
Partners with and enhances existing services
Creates new programs that fill gaps
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
“The very early money we received paid for research and development that enabled us to focus and move forward.”
AcousticCytometry Systems
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
“Springboard helped us rethink and refocus our marketing strategy.”
Doxcelerate
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
“NNM Connect is jumping out front by offering meaningful resources to accelerate enterprise.”
New MexicoCommunity Capital
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
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.
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
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
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
More than information, it’s the help and analysis to enable businesses to make better strategic decisions.
IntroducingMarket Intelligence
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