Category: News

Innovate New Mexico, a network of leading technology-transfer organizations, held its fourth event showcasing innovative technologies from the state’s research universities and national labs.

The October 17 gathering at the Sandia Golf Club in Albuquerque featured 12 technology pitches by inventors from the University of New Mexico, New Mexico State University, New Mexico Tech, Sandia National Labs, Los Alamos National Lab, and the Air Force Research Labs to a crowd of 150 investors, entrepreneurs, industry reps, staff members from all four of the New Mexico congressional offices, and local business members.

The day’s events included welcoming remarks from Matthew Geisel, cabinet secretary of the NM Economic Development Department and keynote remarks from Louis Berneman, founding partner of Osage University Partners.  Osage invests exclusively in university and research institution technologies, and has $315 million under management with 93 member institutions.  The venture capital firm has formed three funds, invests across all stages of technology development and focuses on launching high-quality startups by identifying high-quality management teams.

The showcase also included exhibit space for 17 New Mexico startup companies and business organizations.

Presenters and exhibitors had ample networking sessions to talk with company technology scouts for possible business opportunities.

University and lab inventors pitched the following technologies to the crowd and panel of local sharks who asked market and commercialization questions and offered feedback:

  1. Optical Rubidium Atomic Frequency Standard, Kyle Martin (AFRL)
  2. Flow Cytometry: New Time-Dependent Technologies, Jessica P. Houston, PhD (NMSU)
  3. A Solution for Drug Resistant Skin Infections and Wounds, Danielle Turner, PhD and Snezna Rogelj, PhD (NM Tech)
  4. Optimized Surface Dimpling for Commercial Vehicles, Aircraft, and Energy Applications, Sal Rodriguez, PhD (Sandia Labs)
  5. Transgenic Approaches to Improving Crop Plants—Increasing Biomass and Yields, Champa Gopalan, PhD (NMSU)
  6. Crack-Tolerant Advanced Metallization for PV, Sang Han, PhD (UNM)
  7. Compact Environmental Anomaly Sensor, Lt. David Stiles (AFRL)
  8. Internet for Everyone Using Air-Buoyant Vessels, Miles Beaux, PhD (Los Alamos)
  9. High Sensitivity Bearing Tester, Brendan L. Nation (Sandia Labs)

To read the technology summaries go to Featured Innovate New Mexico Technologies.

The lunch time session, moderated by Jackie Kerby Moore, executive director of the Sandia Science & Technology Park, featured a panel of New Mexico startup CEOs who discussed their experiences growing their companies in New Mexico. Panel speakers were Eric Branson, VP & CTO for Advanced Manufactured Power Solutions, LLC; Derek Doyle, chief engineer & co-founder of Defend Six Corporation; Michael Perrine, director of business development at Agilvax; and Barr Zulevi, CTO & president of Pajarito Powder.

The showcase ended with closing remarks from Jennifer Sinsabaugh, director of the New Mexico Manufacturing Extension Partnership (MEP).

Innovate New Mexico would like to thank event sponsors:  Pharmaceutical Research and Manufacturers of America (PhRMA), platinum level; Air Force Research Lab, Los Alamos National Lab, MEP, gold level; Sandia National Labs, silver level; and NM Economic Development Department, bronze level.

A special thanks goes to the lunch panel of startup executives mentioned above and the following shark panelists:  Mathis Shinnick, CEO, OptiPulse; Wayne Laslie, former president and CEO and current board member, Zocere; Dorian Rader, vice president, New Mexico Angels; Charles Call, CEO, CleanSpot; Charles Mendez, CEO, Enthentica and InnoBright; and Kyle Guin, founder & CEO, Pencil-In.

To read more about the technology showcase, see Kevin Robinson-Avila’s October 17, 2017 article, “Innovate NM flaunts cutting-edge technology,” from the Albuquerque Journal, reprinted below.

Innovate NM flaunts cutting-edge technology

By Kevin Robinson-Avila / Journal Staff Writer
Tuesday, October 17th, 2017 at 3:25pm

ALBUQUERQUE, N.M. — New Mexico’s national labs and research universities pitched a dozen new technologies to investors and entrepreneurs at the state’s fourth Innovate New Mexico showcase on Tuesday.

The event at Sandia Casino’s Golf Club unites scientists, engineers and technology transfer professionals to build interest among potential funders and corporate partners to take emerging lab and university innovation to market.

The initiative, begun in spring 2016 as a twice-annual event, attracted about 150 participants this time, including angel investors, venture capitalists, and corporate technology scouts from the U.S. and other countries.

Presenters unveiled a broad range of cutting-edge advances, such as:

  • a topical cream that kills antibiotic-resistant bacteria in skin infections, developed by New Mexico Tech in Socorro.
  • a novel genetic engineering technique to improve alfalfa crop growth and yields from New Mexico State University.
  • Sandia National Laboratories process to add indentations on the surfaces of vehicles, ships and aircraft to reduce friction from turbulence and increase fuel efficiency.
  • a method to make solar cells on spacecraft more robust to prolong operation in harsh space conditions, developed by the University of New Mexico and the Air Force Research Laboratory.

Investors said they were impressed by the scope and potential impact of technologies on display, and by the ability of all six New Mexico labs and research universities to work together to promote innovation.

“The raw talent and innovation that exists here is impressive,” said McLain Southworth of San Francisco-based Crosslink Capital. “The way they’ve organized everything together in one event is about the most effective process I’ve seen in these types of lab and university presentations. It’s a winning strategy that could help New Mexico become the next big tech hub.”

Louis Berneman, founding partner of Philadelphia-based venture firm Osage University Partners, said attracting venture investment is extremely difficult given the intense competition among startups nationally.

“We look for transformative, paradigm-shifting technologies,” Berneman told conference participants. “…We’re impressed with what we’ve seen here. Albuquerque and New Mexico have real opportunities coming out of the research institutions.”

One technology, the process for making solar cells on spacecraft more robust, already attracted an initial investment from the New Mexico Angels, which recently formed a new startup to take it to market. That company, Ozasda Energy LLC, emerged from stealth mode for the first time at the conference.

Source: https://www.abqjournal.com/1079222/innovate-nm-flaunts-cutting-edge-technology.html

There’s still time to register for Innovate New Mexico®’s Fall 2017 Technology Showcase, to be held on Tuesday, October 17, at the Sandia Resort & Casino Golf Club.

The special collaborative event will highlight research and technology opportunities, startup companies, and economic development resources from the leading research institutions in the state of New Mexico.   Inventors from the Air Force Research Laboratory, Los Alamos National Labs, New Mexico State University, New Mexico Tech, Sandia National Laboratories, and the University of New Mexico will pitch their technologies to invited industry representatives and investors.  Startups from around the state will be on hand to showcase their company products as well.

The day will include 12 featured technology presentations, a lunchtime panel of local entrepreneurs and their startups, and networking breaks throughout to visit with inventors, entrepreneurs, investors, industry representatives and startup tables.  The showcase begins with registration and networking at 7:45 am, followed by remarks from Matthew Geisel, Cabinet Secretary for the NM Economic Development Department and keynote speaker Louis Berneman, founding partner of investment firm Osage University Partners. Technology presentations and feedback from shark panels will occur throughout the morning and afternoon.  The lunchtime panel includes Derek Doyle, co-founder of DefendSix Corporation, Barr Zulevi, president & CTO of Pajarito Powder, Michael Perrine, director of business development for Agilvax, and Eric Branson, VP & CTO of Advanced Manufactured Power Solutions, LLC.  A dessert and coffee networking reception at 3:00 pm will wrap up the event.

To register go to https://innovateNewMexico.eventbrite.com.

Innovate New Mexico, the state’s network of leading technology transfer organizations, is gaining traction in its efforts to become the state’s united entrance to the innovative technologies coming from New Mexico’s research universities and national labs.  On April 18, the network—STC.UNM, NMSU Arrowhead Center, New Mexico Tech, and the Sandia, Los Alamos, and Air Force Research Labs—held its third technology showcase at the Sandia Golf Club in Albuquerque.

 

The day’s events included welcoming remarks from Lisa Kuuttila, CEO & Chief Economic Development Officer at STC.UNM; Mary Monson, Senior Manager of Industry Partnerships at Sandia; Peter Anselmo, Executive Director of  the Center for Technology Commercialization, Terry Lombard, Director of IP & Technology Transfer at the NMSU Arrowhead Center; Ross Munchhausen from the Richard P. Feynman Center for Innovation at Los Alamos; and Matt Fetrow, Tech Engagement Lead at the Air Force Research Lab (AFRL).

 

Six researchers from UNM, NMSU, NM Tech, Sandia, and AFRL pitched their technologies (see list below) to 160 attendees  comprised of national and international companies, investors, entrepreneurs, and local business and community leaders.

  • Pseudomorphic Glass for Space Solar Cells, David Wilt – AFRL
  • Microneedle Sensors to Monitor Health and Human Performance, Ronen Polsky, PhD – Sandia
  • DNA-Based Biosensor, Steve Graves, PhD – UNM
  • Method and System for Purifying Produced Water, Jianjia Yu, PhD – New Mexico Tech
  • Ligand-Directed Targeting and Molecular Imaging Based on In Vivo Phage Display, Renata Pasqualini, PhD and Wadih Arap, MD, PhD – UNM
  • ZIF CO2 Capture, Nasser Khazeni, PhD – NMSU

 

The event also featured 18 New Mexico start-up companies and organizations on display:  AEGorsuch Designs, Biophagy, Inc., BioSafe Technologies, Cylenta Pharmaceuticals, Ecopesticides International, Enthentica, EquiSeq, KoolArmor, Michael Wallace & Associates, Osazda Energy, Osazda Materials, PanMuse, LLC, VisionQuest Biomedical, Zeall, Zocere, Inc., New Mexico Start-Up Factory, New Mexico Manufacturing Extension Partnership (MEP), and Northern New Mexico College.

 

Presenters and exhibitors had ample networking sessions to talk with company technology scouts for possible business opportunities.  Meetings were also scheduled and held between companies and start-ups and technology inventors.

 

The lunch time session, moderated by Lisa Kuuttila, featured a panel of New Mexico start-up CEOs who discussed their experiences growing their companies in New Mexico.  Participants were Brian Barnes, Project Manager of Resilient Solutions 21, Mark Fidel, Co-Founder and Head of Corporate Development for RiskSense, David Joseph, Co-Founder and CEO of Avisa Pharma, and Carlos Murguia, CEO of KoolArmor.  Ms. Kuuttila noted that New Mexico is ranked 18th in the U.S. for its innovation assets and 1st  in R&D per capita.   The speakers cited several advantages to entrepreneurs who start companies in New Mexico:  access to a tremendous amount of IP in an R&D-rich environment, support from science, technology, and business communities, state government incentives such as job training and tax credits, and low cost-of-living.  Disadvantages included a lack of large institutional investors, not enough private sector development (need bigger companies here), and not enough senior management talent to run new companies.

 

The showcase ended with closing remarks from Jennifer Sinsabaugh, Center Director of MEP, and Julia Wise, Manager of the Office of Science and Technology for the New Mexico Economic Development Department.

 

Innovate New Mexico would like to thank the presenters, exhibitors, and lunch panelists.  A special thanks goes to our shark panelists:  Nyika Allen, President & CEO of the New Mexico Technology Council, Kathleen Gardenswartz, Co-Founder of Surefi, Kyle Gui, Founder of Pencil-In, Robert Nath, Member of the STC Board of Directors, Dorian Rader, Vice President of the New Mexico Angels, and Mathis Shinnick, CEO of OptiPulse, Inc.  Last but not least, Innovate New Mexico is deeply grateful to the following event sponsors:  Pharmaceutical Research and Manufacturers of America (PhRMA), AFRL, Sandia National Laboratories, MEP, and New Mexico Tech.

 

To read more about the technology showcase, see Kevin Robinson-Avila’s April 18, 2017 article, “Innovation event displays technology from around NM,” from the Albuquerque Journal, reprinted below.

Innovation event displays technology from around NM

By Kevin Robinson-Avila / Journal Staff Writer
Tuesday, April 18th, 2017 at 2:20pm

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Badojo software inventor Panaiotis, left, creates music with a PanMuse LLC’s touch board technology at the Innovate New Mexico technology showcase on Tuesday. (KEVIN ROBINSON-AVILA/JOURNAL)

 

ALBUQUERQUE, N.M. — From biosensors to cancer-targeting technology, a broad range of innovation was on display Tuesday at the Innovate New Mexico technology showcase at the Sandia Golf Club in Albuquerque.

 

The twice-per-year event, which first launched in spring 2016, unites innovators and technology transfer professionals from the state’s research universities and national laboratories in a joint effort to attract investor interest in new, cutting-edge innovation.

 

Nearly 160 people participated on Tuesday, including more than 100 businesspeople, investors and corporate technology scouts. About 30 of them came from other states and countries, including China, India and Japan, said Lisa Kuuttila, the University of New Mexico’s chief economic development officer and head of the Science and Technology Corp., UNM’s tech-transfer office.

 

“It’s an opportunity for all the state’s research universities and national labs to showcase their technologies together,” Kuuttila said. “It’s enabling us to get national and international attention for our science and technology assets.”

 

Innovators discussed six different technologies from UNM, New Mexico Tech, New Mexico State University, Sandia National Laboratories, Los Alamos National Laboratory and the Air Force Research Laboratory.

 

The Air Force lab showed a new glass covering for solar panels on satellites to better protect them in space. The lab wants to license that for commercial applications, such as shielding solar cells on unmanned aerial vehicles.

 

Sandia discussed microneedle sensors about the width of three human hairs that can be used in wearable devices to continuously monitor for health and human performance.

 

UNM showed a new DNA-based biosensor for rapid detection of specific diseases, such as dengue. It also discussed a novel cancer-targeting technology to diagnose and treat tumors, which it developed in collaboration with LANL.

 

New Mexico Tech had a mobile water-purifying system for use on-site at oil and gas wells to reduce costs for treating and disposing of produced water. And NMSU showed a new carbon-capture technology that can absorb a lot more carbon than other materials in use today.

 

About 15 startup companies from around the state also pitched their products and services at the event.

 

Two Dow Chemical technology scouts from India and the western U.S. said they were attracted by the unique materials-related technologies emerging in New Mexico and the novel approach of showing it through a collaborative, statewide initiative.

 

“Where we come from, it’s rare to find events with such a high concentration of materials research and development that’s of interest to us,” said Leigh Thompson, a Dow scout in California.

 

Her colleague, Chedarampet Karthikeyan of India, said the participation of three national labs is a big selling point.

 

“You don’t see that in many places,” Karthikeyan said.

 

Also see the Living Cities video on the Innovate New Mexico event:

There’s still time to register for Innovate New Mexico®’s Spring 2017 Technology Showcase, to be held on Tuesday, April 18th, at the Sandia Resort & Casino Golf Club.

The special collaborative event will highlight research and technology opportunities, start-up companies, and economic development resources from the leading research institutions in the state of New Mexico.   Inventors from the Air Force Research Laboratory, Los Alamos National Labs, New Mexico State University, New Mexico Tech, Sandia National Laboratories, and STC.UNM/The University of New Mexico will pitch their technologies to invited industry representatives and investors.  Start-up from around the state will be on hand to showcase their company products as well.

The day will include eight featured technology presentations, a lunchtime panel of local entrepreneurs, and networking breaks throughout to visit start-up tables.  The showcase begins with registration at 8:00 am followed by technology presentations and feedback from shark panels.  The lunchtime panel of New Mexico start-up CEOs includes David Joseph, CEO of Avisa Pharma, Mark Fidel, Co-Founder of RiskSense, Inc., Brian Barnes, Senior Planner & Program Manager at Resilient Solutions 21, and Carlos Murguia, Co-Founder of KoolArmor.  A dessert and coffee networking reception will following the event, which wraps up at 3:00 pm.

We extend a special thank you to The Pharmaceutical Research and Manufacturers of America (PhRMA) for their sponsorship of the showcase.  PhRMA represents the country’s leading biopharmaceutical research companies and supports the search for new treatments and cures.

To register go to https://innovateNewMexico.eventbrite.com.

Sandia Resort & Casino Golf Club was the site of the second statewide technology showcase held on October 11th and hosted by Innovate New Mexico®, the statewide collaborative technology- transfer program for New Mexico’s research universities (UNM, NM State, NM Tech) and national labs (Sandia, Los Alamos, and Air Force Research Labs). The panoramic views of the majestic Sandia mountains were matched by an impressive display of innovative technology presentations and home grown start-up companies.

 

Approximately 250 registered attendees comprised of national companies and investors and local entrepreneurs, investors, and business professionals listened to technology pitches from faculty and lab inventors and connected with start-up companies and inventors for possible business opportunities during several networking sessions and an end-of-event reception.

 

The Innovate New Mexico® program, established in 2015, is essentially a network among the leading research institutions in the state that provides easy access for entrepreneurs, investors, and companies to New Mexico’s research and technology opportunities, start-up companies, and economic development resources. The technology showcases, presented in the fall and spring, are but one example of what the budding program plans to offer to fulfill its vision to make New Mexico “The State of Innovation” by 2020.

 

Welcome remarks were again given by Deputy Cabinet Secretary Barbara Brazil from the New Mexico Economic Development Department.

 

“Innovate New Mexico highlights a unique ecosystem of innovation that creates diversity, which leads to a more robust economy. Innovation is stifled when we stay in silos but flourishes when we collaborate. We are reading in the media on a daily basis about how the New Mexico innovation economy continues to grow, helped this year by the New Mexico Technology Research Collaborative’s grants to six start-up companies with follow-on investment, the JTIP job training program, and the new $40 million Catalyst Fund that will soon be investing in New Mexico-based start-ups.”

 

Technology Pitches

The technology showcase portion of the event consisted of 12 short presentations by inventors of technologies from UNM, NM State, NM Tech, and Sandia, Los Alamos, and Air Force Research (AFRL) Labs. Helpful feedback was provided by a panel of “friendly sharks” comprised of local entrepreneurs and investors. Innovate New Mexico wishes to thank Lucrece Borrego (Senior Financial Analyst, Camino Real Capital Partners LLC), Charles Call (CEO, ActiveClean by Clean Spot), John Chavez (President, New Mexico Angels), Wayne Laslie (President & CEO, Zocere, Inc.), Mathis Shinnick (CEO, Allied Photon), and Loraine Upham (Executive Director, ABQid).

 

Below is a brief description of the technologies:

  • A next generation green masonry block made from recycled paper – NM Tech
  • A synthetic aperture approach (imaging interferometric microscopy) for super resolution images from optical microscopes – UNM
  • A graphene-based hybrid material for chemical synthesis and separation – NM Tech
  • A high-power microwave zoom antenna using metal plate lenses – AFRL
  • A hydrocarbon membrane for energy and electrochemical systems –Sandia
  • A structural panel that integrates fluid channels without degrading mass efficiency – AFRL
  • A non-invasive molecular imaging probe to diagnose and treat infectious diseases – UNM
  • A magneto-inertial fusion reactor using plasma jets – Los Alamos
  • An IT security and encryption program uing Huffman coding – NM State
  • A low-energy, chlorine-tolerant membrane for desalination – Sandia
  • A high efficiency heat exchanger that improves surface wetting for copper, aluminum and brass – New Mexico State
  • A novel, data-driven model for geothermal exploration – Los Alamos
    Go to www.innovatenewmexico.com/technologies/ to view the technology summaries.

Lunch Panel – Start-Ups in New Mexico

 

During lunch, attendees were treated to a panel discussion on start-ups in New Mexico. The panel of five New Mexico start-up CEOs discussed the challenges and advantages for start-ups in New Mexico and individual future plans for their companies. The discussion was moderated by Jennifer Sinsabaugh, Center Director, New Mexico Manufacturing Extension Partnership.

 

Panel participants included Christopher Acton, VP for Operations and Services, RiskSense; R. Terry Dunlay, Founder, President & CEO, Intellicyt (A Sartorius Company); Hunter McDaniel, Founder & CEO, UbiQD, LLC; Murat Okandan, CEO & CTO, mPower Technology, Inc.; and Lucas Smith, Founder & CEO, EcoSeal. The companies represented all stages of growth from regulatory and product beta testing to strategic and customer partnership formation, to national and international sales expansion and acquisition.

 

Big challenges for start-ups in New Mexico continue to be available seed-stage funding and a trained technical work force. Big advantages, however, include the business friendly programs such as tax credits, the JTIP job training, LEDA, NMSBA, grants provided by the state, and the proximity to and close affiliation with the technology-transfer programs at the state’s research institutions. The panelists praised the state’s efforts to nurture the start-up ecosystem.

 

Several other start-up CEO’s were on hand to showcase their companies and network with attendees, including New Mexico Start-Up Factory, Cylenta, Active Clean, Zocere, Inc., Biophagy, Enthentica, BioSafe, Avisa, UbiQD, EquiSeq, MEP, OptiPulse, and ElectroSeq.

 

The day ended with closing remarks by Carlos Gutierrez and Larry Alei. Mr. Gutierrez, is a strategic alliances/innovation ecosystem specialist in the U.S. Department of Commerce’s Minority Business Development Agency (MBDA). The MBDA is the only federal agency established solely to create jobs through the growth and global competitiveness of minority-owned businesses in the United States. MBDA coordinates and leverages public and private sector resources to provide access to capital, contracts and markets. Mr. Alei is a board member-at-large on the New Mexico Technology Research Collaborative.

 

See also Kevin Robinson-Avila’s October 11, 2016 article, “NM innovations pique companies’ interest,” from the Albuquerque Journal, reprinted below.

NM innovations pique companies’ interest

ALBUQUERQUE, N.M. — A novel, sustainable construction material made from recycled paper and cardboard piqued the interest of at least one new-technology scout Tuesday morning at the Innovate New Mexico Technology Showcase in Albuquerque.
Nakayama Kazunori of Japan’s Shimizu Corp. said his company — which manages construction, architecture and engineering services –— can see using the material in low-cost sustainable housing or disaster prevention and recovery infrastructure, such as containment walls to protect against tsunamis like the one that battered Japan in 2010.

 

The New Mexico Institute of Mining and Technology in Socorro, which is commercializing the material, presented it to showcase participants as a low-cost alternative to things like concrete or adobe that can reduce landfill waste.

 

“It’s an innovative material that could address our core business operations by introducing sustainability in building construction,” Kazunori said. “There’s a growing market for that type of thing. I could see many applications for it.”

 

Kazunori was one of nearly 250 local, national and international investors, entrepreneurs and technology transfer professionals who attended the showcase at Sandia Casino’s Golf Club event center. It’s the second such technology showcase this year by Innovate New Mexico, a new umbrella group set up to collectively coordinate technology commercialization efforts by the state’s three research universities and national laboratories.

 

“People are starting to see the value of working together to showcase our state assets,” said Lisa Kuuttila, the University of New Mexico’s chief economic development officer and head of the Science and Technology Corp., UNM’s tech-transfer office. “It benefits everyone.”

 

The event included fifteen-minute presentations by scientists and engineers with new technologies from UNM, New Mexico Tech and New Mexico State University, and from Sandia National Laboratories, Los Alamos National Laboratory and the Air Force Research Laboratory at Kirtland Air Force Base. Presenters discussed a dozen different inventions, such as novel technical designs for microwave antennas to probe deeper into space, changes in lens and laser configurations for optical microscopes to view things more clearly in the nano-realm, a novel coding for secure communications, and non-invasive diagnostics for infectious disease.

 

Barbara Brazil, deputy secretary of the state Economic Development Department, said the showcase brings together the best and the brightest “idea-and-product creators” from the state’s labs and research universities.

 

“We possess a dizzying array of ideas, research, intellectual property and resources,” Brazil said. “The showcase brings attention to the tremendous potential within our ecosystem and strives to turn ideas born here into enterprise.”

 

Kazunori said New Mexico is smart to promote its technology collectively as a state.

 

“This is a great place for research and development in many fields,” he said. “That’s why we’re here. We’re looking for new business opportunities.”

The Innovate New Mexico®’s Fall 2016 Technology Showcase will be held on Tuesday, October 11th, at the Sandia Resort & Casino Golf Club.

This free special collaborative event will highlight research and technology opportunities, start-up companies, and economic development resources from the leading research institutions in the state of New Mexico. Inventors from the Air Force Research Laboratory, Los Alamos National Labs, New Mexico State University, New Mexico Tech, Sandia National Laboratories, and STC.UNM/The University of New Mexico will pitch their technologies to invited industry representatives and investors. Start-up from around the state will be on hand to showcase their company products.

The all-day event begins with registration and networking at 7:30 am followed by a welcome address from NMEDD Deputy Cabinet Secretary Barbara Brazil. Lunch will feature a panel of local entrepreneurs who will talk about their experiences as CEOs of New Mexico start-ups. Closing remarks will be provided by Carlos Gutierrez from the U.S. Department of Commerce’s Minority Business Development Agency and Larry Alei from the New Mexico Technology Research Collaborative. A networking reception will following the event at 3:30 pm.

The inaugural event for Innovate New Mexico, the new collaborative program to provide easy access for entrepreneurs, investors, and companies to cutting-edge technologies at New Mexico’s six research institutions, was a resounding success.  Held at the Anderson-Abruzzo Albuquerque International Balloon Museum on April 26th before a crowd of 200 attendees, the affair opened with a welcome address from Barbara Brazil, Deputy Cabinet Secretary for the New Mexico Economic Development Department (NMEDD) and Chair of the Technology Research Collaborative (TRC), and opening remarks from Jennifer Sinsabaugh, director of the New Mexico Manufacturing Extension Partnership (NM MEP).

 

Technology Pitches

 

The event, a technology showcase featuring twelve inventions from the Innovate New Mexico members—the University of New Mexico, New Mexico State University, New Mexico Tech, Sandia National Labs, Los Alamos National Lab, and the Air Force Research Lab—was an opportunity to demonstrate to invited local, national and international companies, entrepreneurs, and investors that New Mexico collectively has rich and deep technology assets that could be the answer to real-world problems and industry needs.  The event also showcased 17 start-up companies already commercializing technologies from the institutions. Several of the industry companies in attendance also met separately with inventors and start-ups.
 
Technologies pitched by inventors included the following:

The technology showcase was presented by the state of New Mexico’s Technology Research Collaborative (TRC) and the New Mexico Manufacturing Extension Partnership (NM MEP) and organized by STC.UNM on behalf of the Innovate New Mexico partners.

 

TRC, re-established by Governor Martinez in 2013, is a consortium of the state’s research and national lab institutions for the purpose of commercializing the wealth of technologies that exist at the institutions that will create new technologies, companies and jobs, and create a workforce to support these enterprises. The TRC has a business-centric focus to leverage investment and technology maturation funds it receives to invest in business/university/laboratory technologies that have a strong plan to bring the technologies to market.  The TRC is administered through the New Mexico Economic Development Department’s Office of Science & Technology.
 
MEP is a statewide assistance center for small and mid-sized manufacturers in New Mexico, dedicated to increasing their competitiveness through programs and services through partnerships with government, not-for-profit and industry resources.

 

Luncheon Panel

A luncheon panel discussion on what is happening now and what will be needed to make New Mexico the “The State of Innovation” was moderated by Patricia Knighten, former manager of the NMEDD’s Science & Technology office and current chief business development officer of Team Technologies, Inc., an advanced engineering and manufacturing company in Albuquerque.  “The TRC recently provided $300,000 in funding to six startup companies to help them develop and commercialize several innovative technologies that are the result of partnerships among researchers at New Mexico’s laboratories and universities and the private sector.  This is an example of great collaborations going on among the partners, and we’d certainly like to see more of this happening through the Innovate New Mexico program.  As a group, these institutions are very rich in assets” commented Ms. Knighten.
 
Panel participants included Matthew Fetrow, technology engagement lead for the Air Force Research Laboratory, Lisa Kuuttila, CEO & chief economic development officer for STC.UNM, Kevin Wedeward, dean of engineering at New Mexico Tech, Duncan McBranch, chief technology officer for Los Alamos National Laboratory, Terry  Lombard, director of intellectual property and technology transfer for the Arrowhead Center at New Mexico State University, and Genaro Montoya, program leader for Sandia National Laboratories.
 
The panel updated the audience on commercialization activities and programs at their respective institutions, which included the Arrowhead Center’s Aggie iCorp program and Aggie Innovation Fund; New Mexico Tech’s inaugural inventor and entrepreneur workshop and Center for Leadership & Technology Commercialization; AFRL’s new commercialization and technology transfer partnership with New Mexico Tech; LANL’s small business technology program and Pathfinder Fund; STC’s Co-Investment Fund for UNM start-ups, Innovate ABQ innovation district, and the Innovation Academy for UNM students; and Sandia’s Center for Collaboration and Commercialization and its work with small companies through the NMSBA program.
 
Panel members were asked where they believe the gaps/needs are in commercializing technologies in the state.  Comments (including those from the audience) are summarized below:

  • Provide more gap funding to mature early stage technologies to attract investor interest
  • Provide more venture capital funding for new companies
  • Pursue more partnerships between university start-ups and large companies outside the state who can provide needed management, distribution and marketing resources
  • Focus on millennial and baby boomer entrepreneurs and investors
  • Promote New Mexico start-ups outside the state
  • Provide more product development and management expertise for start-ups to balance their technology expertise
  • Pursue more industry-sponsored research
  • Create a “bulletin board”-type program that would identify real problems in the state that need solutions
  • Pursue stronger connections with the state’s industry associations that can help to make connections to their national counterparts
  • Leverage more projects through the SBA and SBIR/STTR programs.

Panel discussion ended with the speakers identifying growing technology areas in the state, including biotech/bioscience, water and energy technologies, photonics (optics and lasers), flow cytometry technologies, microsystems, small satellite technologies, software development, unmanned air systems (control technologies for drones), and smart grids/smart systems.
 
Venture Capital
 
Brian Birk, managing partner for Sun Mountain Capital, a Santa Fe-based private equity and venture capital investment firm for public and private entities, provide special remarks on the funding climate in New Mexico.  Sun Mountain advises the State Investment Council (SIC) on its Private Equity Investment Program (PEIP), which invests in venture capital funds in New Mexico.  Mr. Birk stated that in the ten years since the SIC has been investing in technology companies in New Mexico, the state now has the right formula for investing in the best companies and fund managers.  Thousands of jobs have been created and $100 million in profits have flowed back to the state.  “Today, for every $1 invested by the state in a start-up company $6 in additional investments is brought in from good venture capital funds that appreciate the technology depth these companies have that are based on real scientific breakthroughs,” he said.
 
Mr. Birk stated that the future of funding in New Mexico looks bright, especially with the creation of a new initiative.  The Catalyst Fund will provide $20 million for investment in seed technology development funds across the state.  The initiative is a collaborative effort among the SIC, the state EDD, the city of Albuquerque, and the New Mexico Finance Authority who have worked together to structure the fund.  This new $20 million dollar fund of funds will be allocated to various micro funds that will have to match funds to at least 50%, doubling or more the possible money available for start-ups in the state. Sun Mountain will manage the program under the SIC’s PEIP.
 
Larry Alei, board member-at-large on the TRC board, ended the day’s event with some final thoughts on the vision of the TRC and also thanked the event co-sponsors and organizer.  “Working together our research institutions in the state can do more to commercialize our rich technology assets than we can do separately.  Coupled with making more capital available for smart investing in new companies will help us succeed in creating more technology-related jobs throughout the state, and contribute to economic growth and an innovation economy.”
 
The technology showcase was followed by a reception sponsored by the Innovate ABQ® development team of Signet Development, Dekker Perich Sabatini, and Signet Development where attendees, research institution technology managers and inventors were able to network and share information about technologies and business needs and opportunities.

 

About Innovate New Mexico®

Innovate New Mexico is a statewide network among STC.UNM, New Mexico State University’s Arrowhead Center, New Mexico Institute of Mining and Technology, Sandia National Laboratories, Los Alamos National Laboratory, and the Air Force Research Laboratory to create a “front door” through co-location to the technologies developed among these research partners.  The network brings together the partners’ innovation assets to one source to provide easy access for entrepreneurs, investors, companies, industry partners, and others interested in commercializing new technologies developed in New Mexico.  The program grew out of an initiative developed and spearheaded by STC in 2015 that brought together the research partners and economic development professional from the Technology Research Collaborative, the Mid-Region Council of Governments and the state’s congressional delegations.  Visit the program website at www.innovatenewmexico.com.

 

With preliminary planning underway for Innovate ABQ’s first phase of development, a new initiative is also underway to accelerate technology commercialization statewide.  Innovate New Mexico will unite the state’s research universities and national labs in efforts to create a “front door” to the innovative technologies being developed across the state.  Plans call for a central site (initially located at STC’s Cecchi VentureLab and ultimately housed at the Innovate ABQ incubator) and coordinator to run a program that will work with each partner’s tech transfer office to bring their technologies and the entrepreneurs and investors looking for emerging innovations together for commercialization opportunities.  To read more about Innovate New Mexico and its goal to make New  Mexico the “state of innovation,” see Kevin Robinson-Avila’s November 16, 2015 articles, “Spirit of innovation accelerates” and “UNM’s tech office getting a jump on Innovate ABQ,” in the Albuquerque Journal’s Business Outlook, reprinted below.
 
SPIRIT OF INNOVATION ACCELERATES

By Kevin Robinson-Avila / Journal Staff Writer

Published: Monday, November 16th, 2015 at 12:02am
 
ALBUQUERQUE, N.M. — New Mexico’s newfound spirit of innovation and entrepreneurship may have ignited with the Innovate ABQ initiative in Downtown Albuquerque, but the fire is rapidly spreading statewide.
 
NMSU, like the state’s other research universities and labs, is helping startups to take new technologies to market. Here, NMSU student researchers Alexander Pertusini, left, Zach Hale and Lilly Timmons discuss a new model for growing shrimp in arid environments with Tracey Carrillo, right, assistant director of campus farm operations. (Courtesy of NMSU)
 
The state’s three research universities and national laboratories are working with government officials to expand Innovate ABQ – which aims to build a bustling, high-tech research and development district in the heart of Albuquerque – into a joint project to promote entrepreneurship, homegrown startups and economic development throughout the state.
 
The partners will pool their resources and capabilities into an umbrella initiative dubbed Innovate New Mexico, where entrepreneurs and investors can rapidly access technology and human talent statewide to build new businesses. The initiative will be coordinated from an office at Innovate ABQ once the Downtown site begins operating, but users will be plugged directly into the broader research network.

 

The partners want to make New Mexico the go-to state for innovation, said Lisa Kuuttila, the University of New Mexico’s chief economic development officer and head of the Science and Technology Corp., UNM’s tech-transfer office.
 
“Innovate New Mexico will be located at Innovate ABQ, but it will provide the front door to all our research institutions and economic development initiatives,” Kuuttila said.
 
The office will include a coordinator to help entrepreneurs and investors search for emerging technologies, and locate experts at the labs and universities in all fields of research, from photonics and water to energy and medical diagnostics, Kuuttila said. It will also manage an umbrella website that links to all online resources at state research institutions.
 
Representatives from all the participating organizations met in September to start building the network. Apart from UNM, that includes New Mexico State University, the New Mexico Institute of Mining and Technology in Socorro, Sandia National Laboratories, the Air Force Research Laboratory at Kirtland Air Force Base and Los Alamos National Laboratory.
 
Sandia National Laboratories is providing technical assistance for companies working with clean energy technology through a new U.S. Department of Energy program that aims to transfer technology, scientific knowledge and expertise to private sector developers. Shown here are wind turbines at Sandia’s facilities in Albuquerque. (Courtesy of Sandia National Laboratories)
 
The state is participating through the Economic Development Department’s Office of Science and Technology, which coordinates the state-funded Technology Research Collaborative. That program, which also includes representatives from the state’s research institutions, works to identify and promote opportunities for moving locally developed technology into the marketplace.
 
“We’re working collaboratively to convert New Mexico’s innovations into economic prosperity,” said Office of Science and Technology Director Patricia Knighten. “We recognize that Innovate ABQ is the hotspot right now that everybody is gravitating around, so we want to build on that momentum as part of a statewide innovation effort.”
 
The state is backing a new Innovate New Mexico application for a $170,000 grant from the U.S. Commerce Department to begin building collaborative activities. The state committed $10,000 in matching funds if the grant gets approved to help finance an annual “technology showcase” event where new inventions from all the research institutions would be on display for entrepreneurs and investors.
 
Innovate New Mexico will build on technology transfer programs already underway at the participating institutions. The state’s three labs have been working for years to move government-sponsored innovation to market and they all want to accelerate those efforts.

 

“We want to get our technologies out to where companies can pick them up and turn them into commercial endeavors,” said Casey DeRaad, director of AFRL’s New Mexico Institute. “Collaborative efforts through Innovate New Mexico will raise the level of activity for everyone involved, making the innovation environment more robust.”
 
Sandia is aggressively encouraging interaction between lab researchers and the business community. The lab is building a new Center for Collaboration and Commercialization to facilitate direct contact between lab personnel and entrepreneurs, and to provide ongoing support for anyone involved in technology transfer. It’s also working closely with UNM to generate private sector interest in technologies jointly developed by the university and the lab.

 

“Having all the research institutions working together gets everyone to the table and demonstrates the commitment New Mexico has for deploying the technologies that we’re creating,” said Jackie Kerby Moore, manager for technology and economic development at Sandia. “Innovate New Mexico will provide a common voice for all of us.”
 
All three research universities have stepped up their tech-transfer efforts. UNM’s STC is perhaps the most successful to date, with 73 new startup companies formed in the past 10 years to take UNM technologies to market.
 
But both New Mexico Tech and NMSU are also energetically commercializing inventions. New Mexico Tech formed a new Center for Leadership in Technology Commercialization last year to train its students in technology transfer and pair them with faculty who want to commercialize lab innovations.
 
And NMSU has intensified its support for entrepreneurship and startup activities through its Arrowhead Center Inc. The center offers hands-on training and assistance for students and others pursuing business ventures. That includes two incubators, one for marketing technology developed at NMSU and the other for students or alumni developing any type of business.
 
Nearly 90 students and alumni are now participating in the general incubator and 13 startups are under development in the technology incubator, said Terry Lombard, Arrowhead’s director of intellectual property and technology transfer.
 
“Collaboration through Innovate New Mexico will build on New Mexico’s strengths by showcasing all the great technologies being created around the state,” Lombard said. “It could lead to a lot more innovation and growth in technology transfer. We’re excited.”
 
Source: http://www.abqjournal.com/676296/biz/labs-universities-creating-a-collaborative.html
 
UNM’S TECH OFFICE GETTING A JUMP ON INNOVATE ABQ
 
By Kevin Robinson-Avila / Journal Staff Writer

Monday, November 16th, 2015 at 12:02am
 
ALBUQUERQUE, N.M. — When the Innovate ABQ site opens at Central and Broadway Downtown, the University of New Mexico’s technology-transfer office expects to move all its operations into a roughly 10,000-square-foot space there.
 
But it could still be one or two years before the high-tech research and development zone begins operating, so UNM’s Science and Technology Corp. is getting a jump now on Innovate ABQ by expanding its offices and activities on campus. The STC nearly doubled its space at UNM’s Science and Technology Park this month, from 6,000 to 10,000 square feet.
 
UNM’s hair-coloring and patterning technology, dubbed Loboloxe, could soon be headed to market through a new startup company. Shown here are strands of hair colored by the technology, which uses light infractions to place patterns on hair to make different colors when hit by light. (Courtesy of UNM)
 
The extra room will provide an initial launch pad for Innovate New Mexico, a new initiative to promote technology transfer at research institutions statewide. It will temporarily house UNM’s new Innovation Academy, where UNM students can get direct experience and real-world skills in entrepreneurship, critical thinking and problem-solving. It will offer space for more startup companies to begin commercializing UNM technologies. And it will host international delegations of students and faculty who visit UNM to learn about its tech-transfer program, said STC President and CEO Lisa Kuuttila.
 
“It could be awhile before we move Downtown, and UNM is doing a lot more things, like the Innovation Academy,” Kuuttila said. “So we expanded our space to start things here that will eventually be part of Innovate ABQ.”
 
The space will also house a new “entrepreneurial office hours” program with the New Mexico Angels, a group of individual investors who collaborate with UNM to vet new university technologies for commercial potential and then invest in startup companies to take the most promising ones to market. The weekly office hours will allow UNM researchers to meet informally with angel investors for feedback on the marketability of new technology and to learn more about tech transfer in general.
 
“This lets researchers get out of their labs, and learn something about creating companies and commercializing technology,” said Angels Vice President Dorian Rader. “Technologists are often hesitant to leave their labs but, today, a lot more of them want to apply their technology to help change the world. By having office hours right here at UNM, they won’t have to go far and it’s within their comfort zone.”
The New Mexico Angels are considering launch of a new startup based on UNM technology that would allow people to put color or designs in the hair with a simple sweep of a hand-held device, shown here in a mock demonstration. The Angels’ partnership with the Science and Technology Corp., UNM’s tech-transfer office, has so far led to seven new startup companies.
 
The UNM-Angels partnership led to the creation in 2012 of the New Mexico Startup Factory LLC, a company-forming incubator that the Angels use to build the initial foundations for new businesses before spinning them out in the market. To date, the Startup Factory has formed seven companies with UNM technologies and it will launch at least two or three more by early 2016, said Angels President John Chavez.
 
That could include a new UNM technology for people to temporarily color their hair or create hair designs with a simple swipe of a handheld device.
 
“It’s hair dying without chemicals,” Chavez said. “It uses light infractions to put patterns on people’s hair to make different colors when it’s hit by light. It’s still in the Startup Factory, but we’ll very likely launch a company around this technology because the hair-coloring market is humongous.”
 
As new startups form, there will now be more space for them to get an initial boost at STC, which provides offices, conference rooms and a variety of services to early-stage companies marketing UNM technologies. The STC expansion means seven more firms can get a start on campus, up from four now, Kuuttila said.
 
Source: http://www.abqjournal.com/676295/biz/unms-tech-office-getting-a-jump-on-innovate-abq.html