UNM has expanded the space it has available for small start-up companies. The office and laboratory space is on the UNM South Campus in the Science and Technology Park, next door to STC.UNM, a corporation owned by the university to develop and commercialize intellectual property with faculty members. The space became available when a maturing company, Senior Scientific, moved out.
There are several things that make this kind of space attractive to start-up companies. A month-to-month leasing system takes some of the worry away for companies who can’t make a long-term financial commitment. Other amenities include a conference room shared among the companies using the incubator space, and a chance to work directly with STC.UNM staff members and mentoring services.
STC.UNM also offers a link between companies and ASM students who can research and help develop business and marketing plans in cooperation with an entrepreneur. In addition, President and CEO of STC.UNM Lisa Kuuttila will assist companies who are looking for funding with a review and assistance in finding venture capital opportunities. Kuuttila says STC.UNM is stepping up the pace this year as they process 64 patent disclosures and work with three new start-up ventures.
Since 1996 STC.UNM has worked with 35 start-up companies and completed 132 licensing agreement for firms to market UNM technology. Currently there are 33 companies and agencies housed at the UNM Science and Technology Park, many of them working with technology developed at the university.
More information about STC.UNM is available at STC.UNM or by contacting Lisa Kuuttila at (505) 272-7900 or emailing her at info@stc.unm.edu.