What’s in the Name: Arrowhead Center On the Path to Success

May 17, 2018 pixelmark

Arrowhead Center | equation drawing of success

You’ve probably heard of the Arrowhead Center at New Mexico State University, but do you know what they do? Find out how Arrowhead is pointing the way for our city’s newest innovators and entrepreneurs.

Arrowhead Center at New Mexico State University is a regional hub for entrepreneurship and innovation, connection people who have exciting ideas and products to resources that will help them reach their goals.

Arrowhead offers programs in business acceleration and student entrepreneurship; ground-floor access to NMSU’s intellectual property and resources; and a research park focused on building technology clusters that leverage the strengths of NMSU. Arrowhead epitomizes the concept that innovation-based economic development is best undertaken with as few borders and boundaries as possible, whether they are disciplinary, programmatic, or geographic. Together, Arrowhead and its partners continue to drive the promotion and marketing of game-changing technologies and innovations emerging from our state.

Arrowhead clients include NMSU faculty, staff, students, and alumni, as well as innovators, entrepreneurs, and students across New Mexico and the region. Composed of multiple innovation and entrepreneurial programs, the common thread is a commitment to growing business and innovation kno9wledge into action, for everyone from students to experienced business owners to inventors.

Mentorship is key to supporting all Arrowhead clients. The Arrowhead Innovation Network is a community of experienced entrepreneurs, accountants, lawyers, marketers, investors, technical and scientific experts, and other professionals who can, through mentorship, accelerate the development of client ventures by addressing many of the challenges that slow down a startup.

To advance entrepreneurship and innovation in the region, we work with US federal agencies such as the Small Business Administration, and National Science Foundation; state agencies such as the NM Economic Development Department, private foundations such as the Daniels Fund, Hunt Family Foundation, and Paul and Alejandra De La Vega Foster; and businesses such as New Mexico Gas Company. We also work with local entities like WESST, SCORE, SBDC, MVEDA, and the Borderplex Alliance to coordinate regional economic development resources.

Arrowhead Center | Hunt Center exterior buildingFor faculty and staff researchers and inventors, and entrepreneurs interested in licensing NMSU inventions, we guide commercialization efforts forward to the marketplace through our intellectual property protection processes ad accelerator programs LAUNCH and Aggie I-Corps — cohort-based programs that equip teams with the tools and feedback needed to continue to innovate, while navigating customer discovery.

Arrowhead houses both the New Mexico Federal and State Technology Partnership Program (NM FAST) and New Mexico Small Business Assistance (NMSBA programs). For those innovators who are further along in their journeys, NMSBA provides assistance to small businesses in New Mexico to solve technical and business challenges with the expertise of NMSU interdisciplinary teams and with the support of staff and/or faculty. The services are free of cost to the business and the duration of the assistance varies between three to six months. Our partnership with Sandia National Labs and Los Alamos National Lab through the NMSBA program allows for referrals for technical assistance to SNL and LANL.

NM FAST offers qualified businesses Small Business Innovation Research (SBIR) / Small Business Technology Transfers (STTR) proposal development assistance through a series of introductory workshops, webinars, networks, and knowledgeable staff. In addition, the program offers select companies FAST Micro-Grants, which provide one-on-one expert proposal development assistance and funding for professional services.

Our suite of Arrowhead Accelerator programs designed to help innovative NM small businesses – Bi-zSprint, HealthSprint, and AgSprint — offer mentorship, coaching and $2,000 in participant support, and are based on National Science Foundation I-Corps curriculum. Arrohead Sprint programs are powered by a generous gift from the New Mexico Gas Company. HealthSprint and AgSprint culminate in industry conferences: the inaugural HealthAssembly in partnership with Burrell College of Osteopathic Medicine will be held at BCOM on June 14; and AgAssembly will be held for the second year at the New Mexico Farm & Ranch Heritage Museum on September 20.

Arrowhead Center | entrepreneurship open to grade school studentsStudio G, NMSU’s student and alumni business accelerator, is available to students and recent alumni from Dona Ana Community College, Eastern New Mexico University, Navajo Technical University, New Mexico Tech, NMSU Main Campus, NMSU-Alamogordo, NMSU-Carlsbad, NMSU-Grants, San Juan College, Santa Fe Community College, University of New Mexico, and Western New Mexico University. Studio G services are provided to members for free and Studio G does not take ownership of equity in your business or technology.

The Innoventure suite programs offers entrepreneurship curriculum to K-12 students. Innoventure Jr.’s bilingual curriculum, which serves K-5 students is currently available online, and introduces young students to entrepreneurial concepts and soft skills. Camp Innoventure, a week-long entrepreneurial summer camp, has been expanded state-wide and can be adapted for any community. Innoventure, a yearly competition and conference for middle school and high school students, is open to individuals throughout the state.

We are interested in connections — building and sustaining relationships between and beyond institutional boundaries to build collaborations that benefit entrepreneurs, business and industry academia, and local communities. There are multiple ways to engage with Arrowhead Center.

The post What’s in the Name: Arrowhead Center On the Path to Success appeared first on Las Cruces Magazine.

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