NMSU’s Pitch Deck Sprint accepting applications from NM tech startups

Original Article | Alejandro Najera-Acosta | a_najera@nmsu.edu | April 1, 2024

The Scale Up New Mexico program, supported in part by the United States Economic Development Administration and based at New Mexico State University’s Arrowhead Center, is set to provide its Pitch Deck Sprint online accelerator for tech startups located in New Mexico.

The Pitch Deck Sprint is designed specifically for entrepreneurs and startups in New Mexico aiming to enhance their pitch deck presentations. This program is scheduled to take place each Thursday from April 18 to May 23. To secure a spot, interested parties should apply for the no-cost accelerator before the deadline on April 12. Those who are selected will be informed of their acceptance by April 13.

Pitch Deck Sprint is a key component of Scale Up New Mexico, an extensive collection of programs aimed at fostering the development of early-stage startups. It adds to the diverse support services provided by the Arrowhead Center, which encompass business development, guidance for Small Business Innovation Research/Small Business Technology Transfer and various commercialization assistance services. The initiative seeks to enhance startups' fundraising activities by offering strategic assistance in refining their pitch decks and advising on their presentation.

“The Pitch Deck Sprint program stands as a pivotal resource for New Mexico's entrepreneurs, offering vital support that is instrumental in refining their pitch presentations”, said Dana Catron, deputy director of Arrowhead Center. “This initiative not only equips them with the tools to effectively communicate their vision, but also significantly enhances their potential for success in securing funding. It's an essential stepping stone for startups looking to make a mark in their respective industries.”

Throughout the six-week sprint, participants will take part in dynamic sessions designed to provide a thorough grasp of both the theory and practical aspects of creating a pitch deck. The program features interactive workshops, hands-on activities and chances for immediate feedback, enabling participants to craft, evaluate and refine their pitch decks efficiently. This will include a mix of lectures, discussions, breakout groups, individual mentoring and networking events. The sprint culminates in a live presentation before active regional investors.

“Our approach to the Pitch Deck Sprint is both unique and comprehensive, focusing on empowering entrepreneurs through a blend of theoretical insights and practical application,” said Carlos Murguia, program manager for Scale Up NM. “We delve deep into the nuances of pitch deck creation, ensuring that participants not only understand the fundamental principles but also apply them in real-world scenarios.”

This hands-on method, enriched with personalized mentorship and direct investor engagement, is designed to prepare startups for successful fundraising endeavors, setting a new standard for entrepreneurial support in our community.

To qualify for the Pitch Deck Sprint, startups must be based in New Mexico or have plans to relocate to the state. Participants are expected to attend a weekly two-hour virtual session throughout the duration of the cohort and be actively participating in technology-based innovation.

For more information about the Pitch Deck Sprint, contact Murguia at cmurguia@nmsu.edu or apply at https://forms.gle/BBYvnSW3R6TN9xcs5