Archive for July 2024
Don’t forget start-up ecosystem when moving NM forward
BY DREW TULCHIN AND DAVID PEREZ NEW MEXICO ANGELS Small businesses are the backbone of New Mexico. In fact, according to the Small Business Administration, New Mexico has 162,000 small businesses, most of them focused on recreation and tourism. One answer to moving New Mexico forward, which is rarely addressed by our elected officials, is supporting…
Read More‘Innovation Hub’ in the works at prime Sunport parcel, site of recent project failures
Less than a month after plans for a $250 million-plus manufacturing facility near the Albuquerque International Sunport fell through, details have emerged on a new, multi-faceted “innovation hub” planned at the same site. David Perez, an entrepreneur and consultant based in Santa Fe, told Albuquerque Business First he and a group of about 60 people…
Read MoreNew Mexico Vintage Fund investing in Santa Fe, Los Alamos startups
The New Mexico Vintage Fund has fully deployed its second-round 2023 fund, investing in companies across New Mexico and in some headquartered in Santa Fe. Since the fund’s founding in 2022, it has raised nearly $4 million and invested in more than two dozen companies. The fund is gearing up for its third-round launch this…
Read MoreRecording of Access to Capital: Finding the Right Financing for Your Business
Thank you to UNM Rainforest Innovations for hosting us and to WESST for being a part of the event! During this hybrid seminar, Drew Tulchin, President of NM Angels, spoke about the different types of capital that you can access for your business, helped you understand the different requirements and barriers that exist for each,…
Read MoreNew Mexico Vintage Fund invests $2M across 13 startups
A venture fund in New Mexico closed its second fund, investing around $2 million into 13 startups, with a third fund expected to start raising money soon. New Mexico Vintage Fund, a generalist microfund that launched in New Mexico in July 2022, announced June 12 it closed New Mexico Vintage Fund 2023 — the fund’s second…
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