About the New Mexico Angels
The state of entrepreneurialism in New Mexico is at an all time high. With startup companies being funded in the very early stages, businesses are flourishing and crucial resources are being utilized. In order to continue moving the state forward, we need to celebrate our successes and promote our progresses. Yes, we have gaps in the system, but more importantly there is capital to invest and there are talented people creating change. As a community, we need to focus on positive movement to keep the momentum going – it is what we do within our organization and what we promote back into the ecosystem.
Our Team & Board
The only New Mexico based group of individual accredited angel investors focused on investing in early-stage companies in the Southwest.
SHERMAN MCCORKLE, CHAIRMAN
Sherman McCorkle is President and Chief Executive Officer of Technology Ventures Corporation and has served in this capacity since the company’s inception in 1993. He is a founder and Charter Director of New Mexico Bank and Trust.
He currently serves on several boards including: United Way of America; National Trustee, National Jewish Medical Research Center; Chairman of the Board, Albuquerque Economic Development; Chairman of the Board Kirtland Partnership Committee and Vice Chair of the Board and Director, Albuquerque Hispano Chamber of Commerce.
He is the recipient of several awards including: Arthur Spiegel Lifetime Achievement Award; The New Mexico Distinguished Public Service Award; Industrial Developer of the Year, New Mexico Industrial Development Executive Association; The Albuquerque People’s Choice Favorite Community Leader Award (1997, 1999 and 2000) and The Martin Luther King Freedom Award to name a few.
Sherman was President and CEO of Sunwest Credit Services Corporation and a founder and Charter Director of Plus System Incorporated, the World’s largest retail electronic banking corporation. He served three years for the American Bankers Association on the Select Committee on the Uniform Commercial Code of the United States. Sherman is an Honors Graduate of the Colorado Graduate School of Banking at the University of Colorado. Active in the outdoors, he is an avid snow skier, speedboat pilot, Harley rider, and marathon runner, and can be found on horseback in the Manzano Mountains.
JOHN CHAVEZ, PRESIDENT
Mr. Chavez currently serves at the President of New Mexico Angels, of which he is also an active investor. Since becoming President, the NM Angels have seen an increase of over 100% funding of investment deals in new companies. The Angels are now leading investment deals, rather than following venture capitals into them. John is also the Managing Partner of Phase One Ventures, Partner of NMA Ventures and the Managing Director of the New Mexico Startup Factory Funds I, II and III.
Mr. Chavez has been an integral part of New Mexico’s economic development ecosystem. He is responsible for creating technology showcase forums that have allowed Angel technology partners like Los Alamos National Laboratory, Sandia National Laboratories, the University of New Mexico and New Mexico State University to have the opportunity of presenting technologies available for licensing to Angel members, Venture Capitalists and guests.
In addition to funding new companies, John is an avid entrepreneur. In 2012, he co-founded the New Mexico Start-Up Factory, a company that spins out technology start-ups based on innovations developed by New Mexico Scientists and Entrepreneurs. The New Mexico Start-Up Factory Portfolio includes: Zocere Inc., Exovita Biosciences Inc., Ecopesticides International, Dynamic Photonics, Lotus Leaf Coatings, Enthentica, Osazda Energy, Cosant Materials, Osazda Materials, TNeuroPharma, GPER G-1 Development Group and MNT SmartSolutions.
Mr. Chavez is also the President of Tafoya & Brainerd Consultants where he helps companies, organizations and entrepreneurs with business development, financial management, operational structure, investment opportunity and progressive execution. He serves on several Boards as a member and leads several organizations as the Chair.
Prior to his involvement with the New Mexico Angels, Mr. Chavez was appointed to serve as the Cabinet Secretary of the Taxation and Revenue Department for State of New Mexico by Governor Gary Johnson. Mr. Chavez held the role of Cabinet Secretary for six years and was also named the President of the Federation of Taxation Administrators for one year. John has a BA in Economics, BBA in Finance and MBA in Regulatory Economics from New Mexico State University.
ANDREA M. GARCIA, VICE PRESIDENT
Andrea is the Vice President of the New Mexico Angels, where she works to source high growth investment opportunities, while performing due diligence and managing the investment portfolio after an equity deal has been made. Andrea works closely with entrepreneurs and companies seeking angel funding and mentors them through business development, marketing and the pitch presentation process. In addition, Andrea also oversees the company’s community outreach and educational initiatives.
Andrea is also the Company Creation Specialist for the New Mexico Start-Up Factory, a technology transfer organization, paired with an investment fund that licenses innovations from research institutions to create investable high-tech companies. The New Mexico Start-Up Factory has successfully launched 14 high-tech companies, all of which are located in the State of New Mexico. With a background in marketing, employee development, leadership and operations, Andrea plays an important role in taking technologies from idea to industry within the organization’s business model.
Mrs. Garcia earned a B.A., Honors Cum Laude from the University of Denver and is currently pursuing her Masters of Business Administration (MBA) with a concentration in Entrepreneurship from New Mexico Highlands University. She is the mother of two young boys and enjoys competing in triathlons, snowboarding and playing golf with her husband.
DEBORAH PEACOCK, BOARD MEMBER
Deborah A. Peacock received her B.S. in Metallurgical Engineering from the Colorado School of Mines in 1978 and her J.D. from Harvard Law School in 1985. Deborah was admitted to the New Mexico Bar in 1985 and the Colorado Bar in 2001.
She is a Registered Patent Attorney with the U.S. Patent and Trademark Office and is also a registered Professional Engineer in New Mexico and Colorado. Since 1988, along with Jeffrey D. Myers, Deborah has headed the largest group of intellectual property attorneys in private practice in New Mexico at Peacock Myers, P.C.
Deborah is a well-known and experienced intellectual property practitioner, and has been so recognized by inclusion in Best Lawyers in America and is AV rated by Martindale-Hubbell (certifications derived from national lawyer survey). Her primary areas of practice include licensing and other intellectual property agreements, intellectual property and business strategies, angel and venture capital investment in technology companies, patents, trademarks, and copyrights (U.S. and international), representing major universities, Sandia National Laboratories, museums, numerous companies, venture capital groups, and individuals for all phases of business and intellectual property work.
Prior to practicing law, Deborah worked in the mining industry in the United States and Tasmania (Australia). She was employed as a metallurgical engineer and front-line foreman at several mining and metals processing facilities.
Deborah is past President and on the Board of Explora, and is also on the Boards of the New Mexico Angels, the Association of Commerce and Industry, the International Women’s Forum (New Mexico), and The Nature Conservancy. She has received the prestigious Governor’s Award for Volunteerism, the YWCA “Women on the Move” award, and the New Mexico Business Weekly Power Broker award. Deborah is also a member of the National Society of Professional Engineers, Albuquerque Economic Development, and New Mexico Amigos. She has served as an Advisor to the Technology Ventures Corporation since its inception (15 years). And, in her spare time, Deborah is a percussionist with the Albuquerque Concert Band.
Deborah and her husband, Nate Korn, have invested through the New Mexico Angels and privately, in approximately 10 angel and venture capital deals. Nate keeps saying “Not another one” but then ends up being quite enthusiastic.
JOHN RICE, BOARD MEMBER
John Rice is President of ASiQ, a firm specializing in executing business turnarounds, launching successful startups, and positioning firms for exit through sale to strategic merger or acquisition.
He is an experienced serial entrepreneur, executive, and venture capital investor. He frequently serves as CEO of start-up or turnaround ventures. His companies have provided capital and management assistance to start-up and/or under-performing companies and have negotiated spin-offs and sales for investor exit.
Successful companies have included enterprises in manufacturing of electronics, jet engine test equipment, black boxes, and industrial overhead cranes, as well as in radio, television, cable television, print media, home health care, electronic medical claims filing, Internet accessible medical information and services, distribution of foods, home improvement products, industrial security, and regional satellite communications. He received his BA with honors from Harvard University.
ELIZABETH KUUTTILA, BOARD MEMBER
Ms. Kuuttila joined Science and Technology Corporation in 2003 with more than 20 years of leadership experience in technology commercialization and licensing. This includes positions as Assistant Vice President for Technology Commercialization at Purdue Research Foundation; Director, Technology Commercialization, University of Georgia; Director, Office of Technology Commercialization, Center for Advanced Technology Development, Iowa State University.
Her prior experience includes a consulting practice that provided strategic marketing and technology transfer consulting services for a wide variety of well-known technology corporations, universities and foundations, including Stanford University. Lisa began her career in industry in several engineering and technology marketing positions.
Ms. Kuuttila has exhibited exceptional skills in the marketing and start-up company aspects of technology commercialization, having significantly increased the number of spin-off companies at each university she has served. She has substantial expertise in university-based equity transactions. She managed the seed capital venture fund on behalf of Purdue Research Foundation, making investments in Purdue start-ups. She has published extensively in her field and has made presentations throughout her career at AUTM, AURRP, the Licensing Executives Society, the Association of University Related Research Parks and other regional and national conferences and forums.
DORIAN RADER, BOARD MEMBER
As the managing partner of NMA Ventures, Dorian may be the youngest fund manager in State history, but her experience speaks beyond her years. Rader served as a Senior Associate for the international VC firm, Village Capital, was a a General Partner with Rio Vista Growth Capital, a New Mexico mezzanine fund, and Angel In Residence at Sandia National Laboratories.
Additionally, as the former Vice President of the New Mexico Angels, she worked to source high growth investment opportunities, managed investments, and the due diligence process for almost a decade. She was also the Executive Director and co-founder of New Mexico Start-Up Factory, a technology transfer organization, paired with an investment fund that licenses innovations from research institutions to create investable high-tech companies. An experienced water entrepreneur herself, Dorian has launched 14 high-tech companies. With a background in finance and operations, she has a proven track record of taking companies from idea to industry, while ensuring the formation of a stable and fiscally responsible corporate infrastructure.
Dorian advises and coaches entrepreneurs on equity investments across many different organizations in New Mexico and Colorado. She earned a B.A. from the University of New Mexico Anderson School of Management Operations with a focus on Entrepreneurial Studies. Together with her husband Keefer Rader, they own the premier radiant heating company, Outlaw Mechanical – The Boiler Experts of New Mexico & Colorado. They also have a daughter and many animals.
GEORGE BOERIGTER, PREVIOUS CHAIRMAN
Mr. Boerigter is the Founder and Chairman of SoundOff Signal, a Michigan-based manufacturer of specialized transportation lighting, principally warning and systems lights for police, fire, EMS and DOT clients. With several hundred employees and manufacturing locations around the world, Boerigter and his team have won numerous awards including World Trader of the year and SBA Exporter of the year.
Additionally, SoundOff does business in all 50 states, more than 30 countries worldwide and has a perfect record of 24 straight years of growth and profitability, while being totally self-funded. The firm has never had a layoff or workforce reduction.
In 2007 they moved to NM for the majority of each year. Since coming to NM he has engaged the business, education and arts community in numerous ways. He is sponsor of the Anderson School Business Breakfast series, a member of the Albuquerque Economic Forum, the New Mexico Angels, and is an investor in several New Mexico based start-ups. He encouraged the foundation the NM Angels Start-Up Factory model. In his other Board work, George has served as a board member to, Preferred Produce, the New Mexico Museum of Natural History Foundation and was the Vice Chairman of the New Mexico Symphony Orchestra Board. He continues to serve on the Board of Opera Southwest.
He has a Bachelor’s degree from Hope College and Master’s Degrees from both the University of Southern California and Western Theological Seminary. He is supported in his endeavors by his wife of 50 plus years, Sibilla, their three sons and six grandchildren.
Apply to Join the New Mexico Angels
Members of the New Mexico Angels are investors who are looking to move companies forward through funding and coaching by experience.