In the News

Growing the local investor pie: new angel club

March 18, 2024
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By Drew Tulchin -For the Journal New Mexico’s economy is booming, especially for early-stage and high-growth local companies. Our startup ecosystem is solid. There are exciting announcements weekly of investment rounds closed, new customers signed up, senior hires made and partnerships established. Thanks to the many great organizations working daily with the mutual goal of…

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New Mexico’s angel investment tax credit gets 5-year extension

March 11, 2024
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By Jacob Maranda – Energy and Technology Reporter for New Mexico Inno New Mexico’s angel investment tax credit, a way to incentivize more early stage investment in the state, received a five-year extension as part of a larger tax package signed by Gov. Michelle Lujan Grisham on Wednesday. House Bill 252, the omnibus tax package,…

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Meet the 16 startups and vote in round one of our 2024 Inno Madness competition

March 11, 2024
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By Jacob Maranda – Energy and Technology Reporter for New Mexico Inno After a months-long nomination process and weeks of whittling down to 16 promising startups from across the Land of Enchantment, it’s here — New Mexico Inno’s 2024 Inno Madness competition! Inno Madness is our friendly, bracket-style startup contest where readers vote to advance…

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New Mexico Angels offers ‘training club’ for prospective angel investors

March 5, 2024
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By Teya Vitu for The Santa Fe New Mexican Mar. 4—The New Mexico Angels seeks new angel investors to invest in promising New Mexico entrepreneurs and their early-stage companies. The Angels is offering a six-week Angel Training Club starting Wednesday and continuing each Wednesday, with the last session Thursday, May 2, with Zoom or in-person…

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New Mexico club wants to show anyone can be an angel investor

March 1, 2024
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By Jacob Maranda for The New Mexico Inno A New Mexico-based investment program wants to make an angel out of anyone. Called the New Angel Club, it’s an eight-week accelerator program aimed at promoting early stage investment in New Mexico by training aspiring angel investors. Convened by the New Mexico Angels, the workshops, held virtually…

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Build to Exit with David Perez

February 27, 2024
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By David Perez for The Exit Podcast by Flippa This week on The Exit: “If you can’t make a sale, you have no business…but with sales comes rejection.” David Perez is a seasoned entrepreneur who has sold two companies, generated millions from Fortune100 customers, and has served as an advisor for founders and businesses. Through…

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7 startups throughout New Mexico land state matching innovation and technology grants

February 14, 2024
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By Jacob Maranda – Energy and Technology Reporter Seven startups in New Mexico landed grants between $25,000 and $100,000 to accelerate technology commercialization previously supported by federal grant awards, state Economic Development Department officials announced Tuesday. Money comes from the New Mexico SBIR/STTR Matching Grant program, which provides small businesses with additional resources to help…

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John Rice

New Mexico Angel Tax Credit has proven successful

January 17, 2024
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By John Rice for the Journal The New Mexico Angel Tax Credit is a thing proven by experience to work in New Mexico — a fact that we should all celebrate. Read on and light up those Matanza fires. Formulated and led by former Rep. Jane Powdrell-Cuthbert, the New Mexico Angel Tax Credit passed into…

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Scale UP NM, NM Angels announce partnership

December 18, 2023
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By Ryan Boetel for the Journal Business Editor The Scale Up New Mexico program last week announced it is partnering with New Mexico Angels on TechSprint accelerator programs in 2024. The goal of the partnership is to provide local startups with more access to mentorship, advice and funding sources. The Scale Up program is funded…

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What do you think of when you hear the word startup?

December 4, 2023
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By Shelly Barratt for the Journal When startups grow and succeed everybody wins. Our communities are strengthened when a robust business ecosystem with cooperation and competition creates jobs and informs our educational systems. Many of our local startups collaborate with community colleges, universities and business incubators, often creating homegrown inventors, founders and entrepreneurs. These companies…

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