Meet our Innovation New Mexico honorees: Here is the group behind NM’s first agriculture startup program

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Meet our Innovation New Mexico honorees: Here is the group behind NM’s first agriculture startup program

May Ortega, Reporter for Albuquerque Business First | May 25, 2017

 

Albuquerque Business First is celebrating the biggest innovators in New Mexico with our second annual Innovation New Mexico event, June 20 at Civic Plaza.

The idea of Innovation New Mexico is to identify, promote and celebrate the state’s innovative spirit. A panel of outside judges has selected 24 Innovation New Mexico honorees. Between now and June 20, Albuquerque Business First is introducing this year’s honorees in alphabetical order.

Name: Arrowhead Center at New Mexico State University

Industry: Agriculture technology

Give us your elevator pitch for your product, process or service:

AgSprint is a 5-month startup support and investment program personalized for innovation in agriculture.

What makes your offering disruptive?

AgSprint displaces the established accelerator practice by incorporating the I-corps model into the first five weeks of the five-month program. I-Corps is a National Science Foundation initiative to leverage university research to create new innovative businesses and increase economic impact of inventions created at research institutions around the country. NMSU is one of only 51 academic institutions nationwide to be selected as an I-Corps Site. Graduates of AgSprint receive $2,000 and the necessary National Science Foundation lineage to apply for the $50,000 national I-Corps program.

View all 2017 Innovation New Mexico honorees

Albuquerque Business First is hosting a World’s Fair-style awards event honoring all 24 companies, where they will showcase how they’re changing their industries. There will be street food, music and games, as well as the announcement of a People’s Choice award, to be voted on by guests that night. More information and tickets for the most innovative night of the year can be found here.

The event’s presenting sponsors are CNM Ingenuity and Albuquerque Living Cities.