Posts by Drew Tulchin
New Mexico Legislature could expand Angel investment tax credit
Albuquerque Journal, by Kevin Robinson-Avila / Journal Staff Writer, Published February 6, 2023 Angel investment has helped dozens of New Mexico startups launch and grow, encouraging a bipartisan group of legislators to seek more incentives to help local Angel investors spread their wings across the state. “Angels” are the people aspiring entrepreneurs often turn to…
Read MoreChanges to New Mexico’s angel investment credit proposed to boost innovation
New Mexico Inno, by Jacob Maranda. Published January 20, 2023 Sponsors of a proposed House bill to amend New Mexico’s angel investment credit believe it would spur more early-stage investment in companies throughout the state. If passed and signed into law, House Bill 69 would increase the aggregate cap on angel investment credits in a…
Read MoreNew jobs, bigger facilities, local support: New Mexico’s bioscience industry is alive and kicking
Albuquerque Journal, by Kevin Robinson-Avila / Journal Staff Writer, Published January 15, 2023 Pharmaceutical research, development and manufacturing company Curia broke ground this fall on a $100 million expansion of its Albuquerque operations, potentially adding nearly 300 new local jobs to its current workforce. It’s the second major expansion here since 2018 by the biotech…
Read MoreTHE YEAR AHEAD: TECH & INNOVATION
New Mexico Inno, by Jacob Maranda. Published January 17, 2023 As the impacts from the Covid-19 pandemic linger and talks of a recession float heavy in the air, trying to predict what 2023 might bring seems like a fool’s errand. Over the past few years, very few things have gone to plan. The overused “pivot”…
Read MoreOpportunities knocking for NM tech economy
BY MARY MONSON / SENIOR MANAGER FOR TECHNOLOGY PARTNERSHIPS AND BUSINESS DEVELOPMENT, SANDIA NATIONAL LABORATORIES When I moved to New Mexico more than 30 years ago, Albuquerque had a vibrant tech industry. Some of the biggest names in electronics were operating up and down the Rio Grande valley. Over time, a combination of events —…
Read MoreDon’t Forget About NM Small Businesses
BY JOEL VAN ESSEN / ASSOCIATE, CITY DIFFERENT INVESTMENTS Editor’s Note: Throughout 2022, New Mexico Angels’ members, investors and start-up owners will be writing columns on economic development and startup opportunities in the state. The Angels unite individual investors to pool their resources, providing seed and early-stage capital to startup companies. Momentum is building in…
Read MoreTruFit hopes partnerships with health plans can increase access
New Mexico Inno, by Jacob Maranda. Published December 01, 2022 Nearly five months after launching an app that provides workouts for people with disabilities TruFit is close to securing contracts with health insurance companies to promote more equitable access. The iOS and Android smartphone apps provide “fitness solutions” for people with intellectual, developmental and physical…
Read More2022 UNM Business & Economic Summit – Entrepreneurial Ecosystem Panel
NM Angels President Drew Tulchin speaking at the 2022 UNM Business & Economic Summit on October 26 See other panel discussions here
Read MoreNM’s innovators need more industry engagement
BY LISA J. KUUTTILA / PRESIDENT & CHIEF ECONOMIC DEVELOPMENT OFFICER, UNM RAINFOREST INNOVATIONS UNM Rainforest Innovations has been working with new inventors’ technologies developed at the University of New Mexico since 1995. One of the most important things we do is to work in partnership with startup entrepreneurs. This enables the transfer of UNM…
Read MoreNM’s Space Industry Opportunity for Growth
NM’s space industry opportunity for growth Albuquerque Journal, By Randy Trask / Member, New Mexico Angels; Executive Director, Q-Station. Published September 12, 2022 Editor’s Note: Throughout 2022, New Mexico Angels’ members, investors and startup owners will be writing columns on economic development and startup opportunities in the state. The Angels unite individual investors to pool…
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