I am an Entrepreneur

Congratulations! You have landed on this page either because you have already started your own business or because you recognize that you have qualities that are entrepreneurial in nature – or, maybe you’re one of those people who just likes to visit all the pages on a site.

Regardless, you have discovered the entry point to a kaleidoscope of resources and opportunities for people who: have an idea, are obsessed with solving problems, are dissatisfied with the status quo, are others-focused, are passionate about what they do, are wired to take action, are committed, view failure as a natural progression to success, are undaunted by risk, and/or either want to start a company or need help with their current company.

These are some of the qualities Innovation Central uses to describe an entrepreneurial mindset.

For new and early stage startups, Albuquerque New Mexico’s tech hub eco system of accelerators and incubators offer great ways to grow and scale your businesses.  

Incubators & Accelerators

Whether your company is in its infancy, needing basic start-up help like office space and community resource contacts, or if it has moved into adolescence, requiring more mature services, such as assistance with operations, strategy and capital, let Innovation Central introduce you to organizations that can provide guidance at all levels of business growth. When you join one of our incubators or accelerators you get more than just free desk space, you become part of a family. Our community of like-minded people come together at events every day and share a journey of success.  

Starting or Moving Your Business

In this metropolitan area of nearly 1million people, business and city leaders remain as accessible as those in a one-light town and take a genuine interest in connecting entrepreneurs with the resources they need to succeed. Whether taking the first steps to launching a business in Albuquerque or figuring out how to move an existing one, here are some places to begin:

Starting a business in Albuquerque:
City of Albuquerque Economic Development Department

Moving or expanding your business, and locating office space or property:
Albuquerque Economic Development
Demographics and community data
State programs and resources

Albuquerque is an affordable alternative to established tech havens like Silicon Valley, Boston, San Francisco and New York. Real estate and labor prices are more affordable, allowing entrepreneurs to bootstrap more effectively while launching their companies. The average home price is $185,200 and home prices have appreciated by 9.1% over the past year.1 There also low cost living options for young college grad tech startup workers with a median rent price of $1,200.

You know your business or startup idea is one in a million, which is why you can’t risk being viewed as just another number in a crowd of entrepreneurs. Getting acknowledged and getting help from the right people, at the right time, is critical. Albuquerque makes it easy. Albuquerque lies at the center of the New Mexico Technology Corridor, a concentration of high-tech private companies and government institutions along the Rio Grande. The city is home to a number of attendant contracting companies, Sandia National Laboratories and Kirtland Air Force Base. It is home to University of New Mexico, National American University, Trinity Southwest University of which the strength of the universities turning out well-educated graduates with strong tech backgrounds, is contributing to the emerging growth of the local startup scene.
Entrepreneurship restores creativity to the soul of the global economy. Across all industries – high tech, defense, clean-tech, social impact, retail, and life sciences – startups are transforming people’s lives.

 

Business Incentives

NM Small Business Assistance: The New Mexico Small Business Assistance (NMSBA) Program allows New Mexico small businesses facing a technical challenge to access the unique expertise and capabilities of Los Alamos and Sandia national laboratories. At no cost to the business, small businesses with a technical challenge can seek assistance from lab scientists or engineers for projects that require testing, design consultation and access to special equipment or facilities. http://www.nmsbaprogram.org

City of Albuquerque Incentives

New Mexico State Incentives

Albuquerque Stats at a Glance

Metro Population: 907,100
Major Industries: Technology, Defense
Gross Metro Product: $40.8 B
Median Household Income: $48,981
Median Home Price: $187,100
House Price Change: 9.1% appreciation last 12 months
Unemployment: 5.5%
Cost of Living: 2.7% below nat'l avg

Innovation is breaking ground in Albuquerque

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  Albuquerque’s genetic horse-testing startup EquiSeq trotted into the center of this month’s edition of the Painted Horse Journal, a national magazine produced by the country’s second-largest horse association. In the horse industry, that’s the equivalent of...

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