Less than a year after its roll-out, a program offered by New Mexico State University’s Arrowhead Center is getting a boost from the federal government.
Launched in October, the New Mexico Federal and State Technology Partnership Program (NM FAST) is among 21 grant recipients nationwide to receive funding from the Small Business Administration for programming that supports innovative, technology-driven businesses.
The $125,000 award will be used to continue offering proposal development assistance to New Mexico small businesses through workshops, mentoring, and micro-grant awards. The program has hosted 12 workshops since opening its doors, with many of them simultaneously webcast in an effort to reach New Mexico’s more remote communities.
From the El Paso Herald Post:
We find that each city we go to has different resources, industry make-up, culture, and sets of challenges,” NM FAST technical advisor Paul Furth said. “Thus, we have sought to tailor our workshops to each location that we visit. For some of the cities that we visited, chiefly those outside of the Rio Grande corridor, there was little prior exposure to the SBIR/STTR [Small Business Innovation Research and Small Business Technology Transfer] programs. I’m delighted that we’ll be able to return next year to provide follow-on programs for entrepreneurial teams.”