Posts Tagged ‘NMSU College of Business’

Release courtesy of the NMSU News Center

WRITER: Janet Perez, 575-646-4120, perezjm@nmsu.edu

CONTACT: Sara Sanders, 575-646-7036, npirayes@nmsu.edu

New name. New attitude.

That sums up the revamp of an annual small business and entrepreneur conference hosted by New Mexico State University’s Arrowhead Center.

Once called the Business Owners and Entrepreneurs Symposium, the name of the Nov. 4 half-day gathering has been changed to GROW: An Event for Entrepreneurs.

“We’re going to have different experts sit down with people one-on-one to talk about (a business’) specific problem,” said Sara Pirayesh Sanders, entrepreneurship director for the Arrowhead Center. “The intention is for it to be a working, very tangible event. People come in with a problem and they leave with resources. It’s targeted to those who want to start a business or who already may be in business.”

In past years, the setting was more formalized, with a panel onstage taking questions from the audience. This year, the audience will sit through a few presentations and then have the opportunity to stop at various stations and talk directly to the experts. For example, a small business owner who has designed her own brochure will be able to show her work to a marketing expert who will provide a constructive critique and advice.

Theresa Gonzales, vice president of RTD Hardware, was a panel participant last year and is enthusiastic about the GROW changes.

“Not many people asked questions last year, so there really wasn’t much interchange between the audience and us,” she said. “Less formal is always less intimidating for a lot of people. This will probably be a much easier way for people to ask questions. It would have made me more relaxed as well. I’m not really big on speaking in front of people. I prefer one-on-one.”

Despite running a business that has been operating in Las Cruces for 25 years, Gonzales said she is interested in attending GROW so she can learn more from the experts about social media and insurance issues.

“I can see myself sitting in front of an expert and asking questions for my business,” she said.

Among the speakers at the GROW event are Michael Rivera, state director of the New Mexico Small Business Development Center Network; Bill Allen, president and CEO of the Greater Las Cruces Chamber of Commerce; and John Woosley, director of the New Mexico district office of the U.S. Small Business Administration.

Chris Penner, director of the Arrowhead Technology Incubator, will give the luncheon keynote address. Penner will discuss his experiences as an entrepreneur. Garrey Carruthers, dean of the NMSU College of Business and vice president for economic development, will give the closing remarks.

For the one-on-one meetings, local experts will be on hand to help small business owners and budding entrepreneurs in a variety of fields such as Web design, marketing, commercial lending, taxes, insurance, information technology and international trade.

In addition to getting free advice from the experts, GROW attendees also will receive a jump drive that has templates, instructions, guidelines, checklists, information on how to open a Facebook account and more, Sanders said.

Along with the Arrowhead Center, GROW is sponsored by the Dona Aña Community College Small Business Development Center and the New Mexico Procurement and Technical Assistance Program.

Peter Ibarbo, president of the Ibarbo Consulting Group in Las Cruces, said small businesses in the area have many resources available to them, but the Arrowhead Center fills a special and needed niche.

“The Arrowhead Center provides a specific, technology-focused type of business incubation,” he said. “I think it is very critical to the economy to attract companies that require that connection with the university to provide them with research and with space.”

GROW: An Event for Entrepreneurs takes place from 7:30 a.m.-1:30 p.m., Nov. 4, at the New Mexico Farm & Ranch Heritage Museum, 4100 Dripping Springs Road. The cost is $49 to the public and $35.50 for students. For more information and to register, visit Grow2011.eventbrite.com.

Article courtesy of the NMSU News Center

By Janet Perez

The business of ensuring the nation’s security has evolved into a vast and intimidating industry, but that doesn’t mean entrepreneurs and innovative researchers are shut out of the field.

The 2011 National Security Technology Conference & Expo, hosted by New Mexico State University’s Arrowhead Center, is committed to helping entrepreneurs and researchers create networks, get valuable advice about venture capital and log face time with representatives from some of the biggest names in national security.

“This conference and expo will provide a venue for technology entrepreneurs and researchers to network with and learn from federal agencies, contractors and venture capitalists,” said Garrey Carruthers, dean of the NMSU College of Business and vice president for economic development.

The conference, sponsored by the Arrowhead Technology Incubator in support of a grant from the U.S. Department of Energy and the National Nuclear Security Administration, takes place Sept. 12 at the Las Cruces Convention Center, 680 E. University Ave.

Kathy Hansen, chief operating officer of the Arrowhead Center, said the conference aims to bring technologies being developed in labs to the attention of commercial ventures, as well as take technologies being developed by small businesses and expose them to potential customers.

One small business ready to make its National Security Technology Conference & Expo debut is the Navitus Group, a current client of the Arrowhead Technology Incubator. Josh Kauffman, the CEO and chief technology officer of Navitus, has developed a battery management system that is capable of handling high-current loads. The system also is constantly monitoring and maintaining the battery, which can make it stronger and increase performance.

With a booth at the expo, this is the first time Kauffman and Navitus are taking on the role of vendors.

“I’m usually on the other side – the guy walking around looking at other companies and their technologies,” he said. “The exposure and the clientele that are going to be walking through this conference are just too much not to be there.”

Small businesses will have booths at the expo alongside major entities, such as Sandia National Laboratories and Los Alamos National Laboratory. Hansen hopes small businesses and researchers in the region will take advantage of the exposure the expo offers as a way of bringing attention to their products.

“Many times, smaller businesses have a hard time knocking on the door and getting into DOD (Department of Defense) or DOE,” she said. “One speaker will talk about how DOD and DOE need to go to technology incubators such as Arrowhead in order to get access to those technologies being developed by small businesses.”

This year, the organizers of the National Security Technology Conference & Expo have opted to focus the event on the fields of cyber security, energy and aerospace.

“We tried to pick the areas that were the hottest topics, and energy is hot and certainly we have local businesses and researchers at NMSU involved in that,” Hansen said.

Also this year, a group of private investors and venture capitalists will be on hand to discuss what business sectors and technologies they are interested in funding.

“That’s very important, because a lot of ideas and technologies die for lack of that funding.” Hansen said. “Of course, the venture capitalists are usually later-stage funding. They are going to be funding technologies that look like they have near-term commercial potential.”

Kauffman understands all too well the importance of venture capital funding. His company already has received an initial investment of $200,000 and he credits the incubator at Arrowhead, particularly Chris Penner, director of business incubation, for helping him reach that milestone.

“I don’t have any doubt that the incubator has helped tremendously,” Kauffman said, “I think we would have gotten there eventually, but I think the incubator has accelerated that – and I’m talking accelerated by years.”

That statement underlines Hansen’s assertion that business incubators are a vital part of the economy.

“There is a much higher success rate for businesses that have been incubated than those that have not,” Hansen said. “Of course, our end goal is to grow the region, do economic development here and try to grow the number of jobs.”

For more information on attending or purchasing a booth at the 2011 National Security Technology Conference & Expo, visit arrowheadcenter.org.

On Monday, January 10^th, the Dona Ana County Legislative Coalition (DACLC) briefed Dona Ana County legislators on the Coalition’s 2011 legislative priorities. The event, sponsored by El Paso Electric (EPE), was held at the Hotel Encanto de Las Cruces. Garrey Carruthers, Dean of the NMSU College of Business and former New Mexico Governor, moderated the briefing.

Photo courtesy of Fred Shepherd

Bill Connor (pictured right), Chair of the DACLC, began the briefing with background on the Coalition. The Coalition was formed in the fall of 2007 to identify and promote significant legislative initiatives to benefit Las Cruces and the surrounding communities’ economic and developmental needs. Members include: City of Las Cruces, Dona Ana County, New Mexico State University,  Las Cruces Public Schools,  Gadsden Independent School District, Hatch Valley Public Schools, The Bridge of Southern New Mexico,  Greater Las Cruces Chamber of Commerce, Hispano Chamber of Commerce de Las Cruces, and the Mesilla Valley Economic Development Alliance (MVEDA).

Connor discussed three legislative appropriations requests which include: $850,000 for planning of a new Mesilla Valley Regional Dispatch Authority facility; $2,100,000 for construction of a Crisis Triage Center; and $6,000,000 for access roads and infrastructure for new Las Cruces schools under construction on the East Mesa.

The DACLC economic development priorities include the support of existing incentives, support of funding for the New Mexico Partnership, passage of the Locomotive Diesel Refuel Tax Exemption, creation of an overweight border commercial zone, and creation of a permanent Border Infrastructure Fund.  The passage of the Locomotive Diesel Refuel Tax Exemption is critical for the announced expansion by Union Pacific in the Santa Teresa area.

The Coalition’s presentation included a number of legislative actions for education restructuring and policy changes. They included: reducing bureaucracy in the public and higher education departments; more efficient reimbursements to the public schools systems; reassessing tuition credit funding formulas; and support of expansion of dual credit courses.

In the final presentation, Clay Doyle, Vice President of New Mexico Affairs for El Paso Electric, discussed the forecasts of future electricity usage in the region.  He noted that during the next 5-7 years the company will invest approximately $600 million in new generation and between 2015 and 2020, EPE will need to add 150-175MW of generation annually.

In his closing remarks, Carruthers reminded the audience of the upcoming Las Cruces Day in Santa Fe, which is hosted each year by the Chamber’s Conquistadores. This year’s event will be held January 29-31^st at the La Fonda Hotel on the Plaza.

The September meeting of the MVEDA Business on the Border Forum will be held on Tuesday, September 7, 2010 from 11:30 AM until 1:00 PM at the Hotel Encanto de Las Cruces, 705 S. Telshor. The meeting will begin with a hot entree buffet followed by a brief update by MVEDA staff.

Dr. Garrey Carruthers

Dr. Garrey Carruthers, Dean of the NMSU College of Business and Vice President for Economic Development, and Dr. Kevin Boberg, Associate Dean of the NMSU College of Business and CEO for the Arrowhead Center, will speak at the luncheon.  The focus of the presentation will be on the growth and opportunities for small businesses in the Arrowhead Business and Research Park and Arrowhead Center’s Entrepreneurship Institute and TECHSTART Incubator.

Luncheon cost is $20.00 per person, payable by cash, check or major credit card. Due to space limitations, reservations are required. Please confirm your attendance no later than Thursday, September 2nd by sending an email to rsvp@mveda.com or by calling the office at (575) 525-2852. The meeting is open to the public.

Article courtesy of NMSU News Center

Photo by Fred Shepherd

April 27, 2010
WRITER: Justin Bannister, (575) 646-5981, jbannist@nmsu.edu
CONTACT: Vicki Galindo, (575) 646-5265, vigalind@nmsu.edu

A mile-long extension of Payne Street through New Mexico State University’s Arrowhead Business and Research Park is now open. The new road, and its accompanying underground utilities, will allow for the park’s continued growth and better connect it with the rest of campus.

“Without this road, we couldn’t continue developing the park,” said Garrey Carruthers, dean of the NMSU College of Business and vice president for economic development. “This road lays the infrastructure necessary to help us attract the kinds of companies that hire our students, offer internships and create jobs in the region.”

The 257-acre business and research park is located on the south end of NMSU’s Las Cruces campus between Interstates 10 and 25. The new road extension stretches south, through the park, from the intersection of Payne and Wells streets to Sam Steel Way.

“Academically, this research park is a place where our students will eventually be engaged in hands-on applications, working with companies in search of solutions that they have identified in the classroom,” said Kevin Boberg, CEO of the Arrowhead Center. “Economically, it’s estimated that once fully developed, the entire research park could contain more than two million square feet of office and lab space where 5,000 to 6,000 people would work. This road enables us to realize those benefits.”

The road project represents nearly $2 million in investments, including a $900,000 grant from the U.S. Economic Development Administration. Other money for the project came from the state of New Mexico, local road funds, the New Mexico Department of Transportation and NMSU.

Photo by Fred Shepherd

The first 11 acres of the park under development are adjacent to the new road. The most recently completed building, Spaceplex 2, is home to General Dynamics and opened last summer. The park’s next building will be more than 8,000 square feet and broken into smaller, 1,700-square-foot pads for businesses intending to establish themselves before jumping into larger spaces. That building is currently under construction with an occupancy date set for later this summer.

Other plans for the research park include working with the Las Cruces Public School District to construct an early college high school where high school students could take college-level courses for credit.

Broadcast Advisory: Video and sound bites are available under the slug Arrowhead Drive at the following ftp site: ftp://aggievision:goaggies@aggievision.nmsu.edu. Use the following information if you are using a download client: Host: aggievision.nmsu.edu Username: aggievision Password: goaggies. To download these files you must have Quicktime Pro software. For questions on problems with downloading, please contact Minerva Baumann (575) 646-7566.