Posts Tagged ‘Justin Bannister’
NMSU’s Studio G Looks to Spark New Student-Run Businesses
Article courtesy of NMSU News Center
WRITER: Justin Bannister, 575-646-5981, jbannist@nmsu.edu
CONTACT: Sara Sanders, 575-646-7036, npirayes@nmsu.edu
Having trouble finding a job? It may be easier to create one instead. New Mexico State University’s Arrowhead Center is already helping a handful of students get their ideas off the ground, plus there’s room for more.
Earlier this year, the Arrowhead Center created Studio G, the first business incubator in New Mexico targeted toward college students at any level from all academic disciplines. Since February, two clients, one profit and one nonprofit, have joined the operation. Studio G has space to accommodate five more clients.
“It’s important to really get students to think outside the box as to what they want to do with their career,” said Sara Pirayesh Sanders, entrepreneurship director for the Arrowhead Center. “I think the most important thing we provide is mentorship, aimed at helping students grow businesses.”
She said a recent study showed companies coming out of an incubator are 84 percent more likely to succeed than those that do not.
“I’m really excited about this,” said Brittain Catron, an MBA student at NMSU working to bring “The Jimmy Hook,” a utility hook designed by his grandfather, to market. “I know it’s tough out there and the chances of new businesses flourishing are small, but this program will hopefully help me make fewer mistakes along the way.”
Catron’s background is in chemical engineering, not business. He said Studio G is helping him figure out how to start a company, fill out the necessary government forms and contact suppliers as well as product designers.
“This is really nice, because I can learn how to do all this as a student and I don’t need a lot of funding to back me up,” he said.
Studio G’s other tenant is La Semilla Food Center, a nonprofit business working to build a sustainable food system in the Paseo del Norte Region of Southern New Mexico and West Texas.
Studio G is open to current NMSU students and those who have graduated within the past five years. The application process is ongoing, with innovative ideas more likely to be selected. Applicants should have at least a two-person operation. After an applicant is selected, they will receive workspace, phone and Internet lines, a conference room and other administrative resources needed to start a business. In return, students must be willing to dedicate 10 hours a week to their operation.
The selection process is competitive, with a limited number of spaces available. Students interested in applying or learning more about the program should call 575-646-7036 or email npirayes@ad.nmsu.edu. Additional information is available at http://www.studiognmsu.com.
NMSU’s Arrowhead Center Calls for Summer Project Submissions
Release courtesy of NMSU News Center
Writer: Justin Bannister, 575-646-5981, jbannist@nmsu.edu
Contact: Sara Pirayesh Sanders, 575-646-7036, npirayes@ad.nmsu.edu
New Mexico State University’s Arrowhead Center Entrepreneurship Institute is looking for entrepreneurs and innovators in need of business assistance. Clients selected will receive specialized support as well as relevant, timely and practical business research.
“It is vital that we focus on enhancing the entrepreneurial ecosystem in New Mexico by investing in entrepreneurs and small businesses,” said Sara Pirayesh Sanders, entrepreneurship director for the Arrowhead Center. “It is the only way we are going to compete as a state. At the Entrepreneurship Institute, we provide business assistance to help entrepreneurs take that leap.”
Services are customized to fit start-up businesses as well as established ones. Assistance is available to all business types. Businesses are chosen on a variety of factors, including the degree to which they contribute to economic development in New Mexico.
The deadline for project submissions is May 20. The submission form is available online at http://arrowhead.nmsu.edu/arrowheadcenter/entrepreneurship/documents/entrep-institute-project-submission-form.pdf.
The Arrowhead Center promotes economic and business development in New Mexico through a wide range of services, including entrepreneurship development, technology-based business incubation, policy analysis, assistance with intellectual property, and by managing NMSU’s Business and Research Park. Since its inception in 2004, it has completed more than 300 business research projects involving more than 300 graduate and undergraduate students.
For more information, call 575-646-7036 or visit http://arrowheadcenter.nmsu.edu.
NMSU’s Arrowhead Center Teams With WSMR on Business Development Opportunities
Release courtesy of NMSU News Center
Writer: Justin Bannister, 575-646-5981, jbannist@nmsu.edu
Contact: Dawn Hommer, 575-646-5213, dhommer@nmsu.edu
New Mexico State University’s Arrowhead Center has agreed to work with White Sands Missile Range to pursue potential business development opportunities in the fields of national security, space and aerospace, alternative energy initiatives and technologies with both military and civilian applications.
“This agreement between NMSU and White Sands Missile Range will not only allow collaboration between two of the largest economic development engines in Southern New Mexico, but also establish the groundwork for new and exciting economic development opportunities,” said Garrey Carruthers, NMSU’s vice president for economic development and dean of the College of Business.
The memorandum of understanding will help the Arrowhead Center and WSMR work in concert in pursuit of potential business development opportunities. The goal is to complement assets, expertise and capabilities of both entities. The collaboration will support the Arrowhead Center’s mission of economic development and WSMR’s mission of research, development, testing and evaluation.
The Arrowhead Center specializes in accelerating economic development within New Mexico, providing enhanced directed learning experiences for students and diversifying the funding base for NMSU. Since its inception in 2004, the Arrowhead Center has completed more than 200 business research projects involving more than 300 graduate and undergraduate students.
NMSU and WSMR have informally worked together for the past few years. This move allows that relationship to continue more effectively.
Dallas Fed President to Speak at NMSU’s Spring 2011 Domenici Institute Forum
Release courtesy of NMSU News Center
WRITER: Justin Bannister, 575-646-5981, jbannist@nmsu.edu
CONTACT: Sara Patricolo, 575-646-2066, spatrico@nmsu.edu
Richard Fisher (Courtesy photo)
Richard Fisher, president and CEO of the Federal Reserve Bank in Dallas, will take part in New Mexico State University’s spring 2011 Domenici Institute Forum from 2-3 p.m. May 4 at KRWG-TV studios inside Milton Hall.
As president of the Federal Reserve Bank of Dallas, Fisher serves as a member of the Federal Open Market Committee, the Federal Reserve’s principal monetary policymaking group.
The Federal Reserve Bank of Dallas serves the Eleventh Federal Reserve District, which consists of Texas, Northern Louisiana and Southern New Mexico.
Fisher is former vice chairman of Kissinger McLarty Associates, a strategic advisory firm chaired by former Secretary of State Henry Kissinger. He was a Weatherhead Fellow at Harvard in 2001, is an honorary fellow of Hertford College at Oxford University and is a fellow of the American Academy of Arts and Sciences. A first-generation American, Fisher is equally fluent in Spanish and English, having spent part of his life in Mexico.
The Domenici Institute Forum is an extension of the university’s yearly Domenici Public Policy Conference. Its goal is to engage the public and encourage them to discuss and take part in issues of public interest, specifically when it comes to important policy matters.
NMSU’s Domenici Institute is named for retired U.S. Sen. Pete Domenici, New Mexico’s longest-serving senator. The institute brings together some of the best minds in the country to focus on significant national issues.
The Domenici Institute Forum is free and NMSU students, faculty, staff and the general public are encouraged to attend. For more information, contact Sara Patricolo at 575-646-2066.
NMSU Launches Studio G to Help Students Grow Business Ideas
Release courtesy of NMSU News Center
WRITER: Justin Bannister, 575-646-5981, jbannist@nmsu.edu
CONTACT: Sara Pirayesh Sanders, 575-646-7036, npirayes@nmsu.edu
The next great business idea doesn’t have to come from somebody with 25 years of experience. It doesn’t even have to come from someone 25 years old. That’s why New Mexico State University’s Arrowhead Center has created Studio G – a business incubator specially designed for college students and recent graduates.
“We see this as a place where ideas can grow,” said Sara Pirayesh Sanders, entrepreneurship director for NMSU’s Arrowhead Center. “We’ve really seen an increase in students interested in pursuing entrepreneurial ideas, so we wanted to provide a real-world laboratory where students can receive support and watch their ideas take off.”
Studio G is open to current NMSU students and those who have graduated within the past five years. The application process is ongoing, with innovative ideas more likely to be selected. Applicants should have at least a two-person operation. Once an applicant is selected, they will receive workspace, phone and Internet lines, a conference room and other administrative resources needed to start a business. In return, students must be willing to dedicate 10 hours a week to their operation.
“We’re looking for ideas across all disciplines,” said Marie Borchert, an educational specialist for Arrowhead Center. “From students interested in starting a technology business to an art student interested in opening an art studio – we encourage all students interested to apply.”
The selection process is competitive, with a limited number of spaces available. Students interested in applying or learning more about the program should call 575-646-7036 or e-mail npirayes@ad.nmsu.edu. Additional information is available at http://www.studiognmsu.com.
The launch of Studio G coincides with National Entrepreneurship Week, Feb. 19-26, 2011. A series of workshops and seminars from Studio G for students interested in entrepreneurship are also planned for later this year.
