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NMSU-based NM FAST program to host SBA’s SBIR Road Tour

New Mexico has been chosen as one of 16 stops on the Small Business Administration’s Small Business Innovation Research Road Tour. This is the first time New Mexico has been selected as a stop on the annual tour.

The New Mexico Federal and State Technology Partnership program, located at New Mexico State University’s Arrowhead Center, was chosen to host the Road Tour Aug. 14 at the Albuquerque Convention Center.

“Arrowhead Center and the NM FAST program are excited to host such an important event,” remarked Kathryn Hansen, director of Arrowhead Center. “Regional small businesses who are interested in the SBIR/STTR programs will have unparalleled access to the federal agencies who provide funding. This is an incredible opportunity for them to engage with the programs.”

The SBIR/STTR programs provide more than $3 billion in early stage funding to small businesses each year in a wide variety of technology areas such as unmanned systems, advanced materials, health, cybersecurity and defense. The SBIR/STTR programs execute over 4,000 new awards annually, which allow innovators to advance new technologies and have contributed to the creation of thousands of jobs.

The SBIR Road Tour plays an important role in increasing engagement with entrepreneurial ecosystems across the country and building out greater networks to support the creation of small businesses focusing on high-impact research.

Program managers from the participating federal agencies will conduct one-on-one meetings with attendees, take part in targeted panels, discuss technology areas, and share insights into how the agencies make funding decisions.

“Every year, we meet entrepreneurs from around the country looking to turn their big idea into another great American innovation story. We are committed to supporting America’s small businesses owners wherever they are,” said SBA Administrator Linda McMahon. “This tour reflects our continued commitment to ensuring that these innovators are aware of SBA’s resources to help them reach that goal.”

The Albuquerque event will feature panel presentations on SBIR/STTR best practices and local economic development and business assistance organizations, and will facilitate one-on-one meetings between participants and SBIR/STTR program managers.

“The SBIR Road Tour provides participants with the opportunity to meet one-on-one with program managers from most of the SBIR/STTR agencies,” said Dana Catron, director of NM FAST. “This kind of access is typically reserved for national conferences, which are incredibly valuable, but not always accessible for small businesses.”

Registration for this event is open, and can be accessed at http://bit.ly/SBIR-ABQRoadTour
The NM FAST program is funded in part through a Cooperative Agreement with the U.S. Small Business Administration.