ARROWHEAD CENTER October 2015 Newsletter

A Note From The director

One of the most exciting things about Arrowhead Center is the fact that we are privy to all aspects of the NMSU community: faculty, staff, and students working in diverse areas across the entire university. We have the privilege of crossing discipline and departmental boundaries, seeing the full scope of talent and innovation at NMSU.

For instance, this month you will read about a faculty-student research team who are developing a shield technology that has the potential to reduce concussions and to even save lives. With support from a highly competitive National Science Foundation award, the team is moving the technology closer to market and to those it can help. You will also read about a new venture emerging from the Studio G student business incubator: a mobile app that allows users to track and contribute to the constantly changing vocabulary of everyday life through a “living dictionary.” Arrowhead’s community also extends beyond campus borders as we work with inventors and entrepreneurs throughout the state. Remote Well Solutions, a Cloudcroft, NM-based company affiliated with Arrowhead Technology Incubator, has advanced to the final round in a competitive investment program.

I would also like to invite you to one of the most exciting events we will host this fall: the Aggie Shark Tank, which will be held on Friday, October 23, 2015 from 2:00-5:00 PM in the Yates Theatre in Domenici Hall on the NMSU main campus. Aggie Shark Tank is an opportunity for NMSU student entrepreneurs to pitch their business idea to local Sharks. Participants will have 5 minutes to present their idea, followed by 15 minutes of Q&A from the Sharks. Participants can ask for a monetary investment or any other type of assistance or connections to help their business grow. The event’s Featured Sharks will be Lou Sisbarro, Sisbarro Dealerships; Royal Jones, Mesilla Valley Trucking; Dino Cervantes, Cervantes Enterprises; and Mickey Clute, Real Estate Developer.

Event details and free registration for audience members are available at the link below. Seating is limited so please register early.

We hope you will join us at this or other Arrowhead events throughout the coming semester. As always, please keep in touch and let us know what is happening in your communities, as well.

Kathy Hansen

Director and CEO of Arrowhead Center

THREE NEW MEXICO COMPANIES COMPETE FOR WATER TECHNOLOGY FUNDS
Remote Well Solutions, an Arrowhead Technology Incubator client, produces fully automated, off-grid water pumping systems that significantly reduce costs for ranchers. The Cloudcroft-based business is one of twelve companies selected for the Village Capital accelerator program, which will culminate in a pitch event held in Albuquerque this November.

Twelve companies — three that are from New Mexico — have been preparing for the new Village Capital program that launches in Albuquerque July 15.

Village Capital is an accelerator of sorts that targets specific industries and invests up to $100,000 in two companies, said its senior associate Dorian Rader. The 12 companies chosen for the Albuquerque cohort include some that build monitoring sensors for wells, as well as hydropower and water treatment options.

Rader said Village Capital takes a different approach to capital for startups, though. Instead of just looking for a good business model, it puts the call out for businesses in certain industries that have a social relevance. For this group of companies, Village Capital is looking at water and water technology.

“They have to have a prototype and the ability or the want to go international at some point,” Rader said. “We wanted to see a scaleable product, so no services or consulting.”

But where Village Capital’s program is vastly different from most accelerators is in how it chooses to invest. The 12 companies meet three times for intensive workshops and at each workshop they rank each other. At the end of the program, the companies with the most votes by their peers share in the investment.

The three New Mexico companies are:

Remote Well Solutions: The Cloudcroft-based business makes remote pumping stations for livestock operations that use both solar and propane. With a sophisticated controller, the systems can fill troughs without overflowing and are more efficient than gas-powered systems and more reliable than windmills.

ecOasys: Located in Albuquerque, the group focuses on the design and development of water systems from watershed to garden.

Ocean Pacific Technologies: The company has offices in both Ventura, California, and Santa Fe. It makes a line of water-lubricated pumps for the desalinization industry.

Arrowhead Center Presents at New Mexico Mayor's Summit

Arrowhead Park Executive Director Wayne Savage joined a panel of colleagues for a presentation on “Economic Opportunities for Municipalities” at the New Mexico Mayor’s Summit, held in Albuquerque on September 18th. The first event of its kind in the state, the Summit brought together more than 100 mayors from across New Mexico.

Savage shared a “boots on the ground” perspective on how Arrowhead Center has helped development around the state with “real programs for real people,” sharing a number of success stories that have emerged along the way. Savage spoke about a number of Arrowhead-affiliated businesses, including Remote Well Solutions, EcoSeal, ByteWare Apps, and NM Shrimp Co. He also provided highlights on a number of ongoing initiatives, such as the Aggie Shark Tank and CrucesKick.

Savage’s co-panelists included Jon Barela (Cabinet Secretary of the New Mexico Economic Development Department) and Dr. Raul Gouvea (Professor of Economics, University of New Mexico).

Other sessions included information on working with the New Mexico State Legislature, community safety, local media, utilities and energy issues, marketing strategies for municipalities, and statewide issues affecting mayors.

Savage noted, “It was an honor to be asked by Mayor Berry of Albuquerque to present the statewide work and successes of our Arrowhead Center innovation model, and share with the mayors of New Mexico how they can access the resources of New Mexico State University to benefit their own communities and potential startup businesses.”

Events

Events

2015 Las Cruces Young Professionals Caffeinated Conversations

When: October 20, 2015

Where: The Bean Cafe of Mesilla - 2011 Avenida de Mesilla, Las Cruces, NM

Time: 8:30 AM - 9:00 AM MDT

2015 Las Cruces Young Professional Leadership Roundtable with Patricia C. Hynes, Ph.D.

When: October 21, 2015

Where: Savoy de Mesilla, 1800 Avenida de Mesilla, Las Cruces NM

Time: 11:30 AM - 1:00 PM MDT

Advanced Marketing/Sales Survival - Las Cruces

When: 10/8/2015

Where: DACC Workforce Center, 2345 East Nevada Avenue, Room 101E, Las Cruces, NM 88001-3902

Time: 2pm - 4pm

First Friday Lunch and Learn And Understanding Quickbooks

When: Friday October 2, 2015

Where: Thomas Branigan Memorial Library Roadrunner Room 200 E. Picacho Av., Las Cruces, NM 88001

Time: 11:30 am-12:30 pm

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