UNM MANAGEMENT OF TECHNOLOGY GROUP WINS NMSBA PROGRAM AWARD
April 15, 2010
Sustainable Resources, Inc., located in Santa Fe, New Mexico, wanted to develop the former Roswell National Brackish Water Desalination Test Facility, newly named Sun Harvest Proving Grounds, into a business incubator for research, development, and commercialization of applications of water desalination and remediation, irrigation and algae production. The student group conducted a technological assessment and forecast along with an expeditionary marketing analysis for SRI. The team specifically researched biofuels derived from algae and how Mr. Ortiz could take advantage of this emerging industry. SRI President Joe Ortiz attributes his business success to the MOT teamís innovative approach to marketing and business development. Sun Harvest Proving Grounds will now be used as an algae business incubator ready to grow, harvest, extract, and market algae for biofuels.
The team of three MBA students was assembled and led by Dr. Steven Walsh, co-director of the Anderson School of Managementís Management of Technology Program. Dr. Craig White, professor of accounting at UNM, and J.B. Tuttle, recent MOT graduate, provided additional guidance to the team. "We could not have achieved this award without the help of Professor Walsh," remarks Dunagan, "he made us ask the tough questions and kept our team aligned with the goals of Mr. Ortiz." Yost commented, "Our project was very challenging. Having the support from Mr. Ortiz and our advisors from Anderson was crucial to the success of our project. This experience is something that I am extremely proud to have been a part of." Dewey, reflecting on his experience, says, "The SRI project along with the companyís and teamís recognition at the Innovation Celebration is truly the highlight of my time at Anderson and within the Management of Technology Program."
In 2000, the New Mexico Legislature created the Laboratory Partnership with Small Business Tax Credit Act, to bring the technology and expertise of the national laboratories to New Mexicoís small businesses, ultimately promoting economic development. This Act established the New Mexico Small Business Assistance (NMSBA) Program to help small businesses throughout the state by providing technical support from Los Alamos National Laboratory (LANL) and Sandia National Laboratories (SNL). The program delivers a cost-effective means for economic development through business creation, sustainability, expansion and workforce development. Over the last 10 years, the NMSBA Program has assisted 1,775 small businesses with over 2,500 projects.
The Anderson School of Management at the University of New Mexico is dedicated to excellence in professional management education. At the Anderson School, faculty, staff, and students are committed to shaping the intellect and character of the next generation of business leaders, advancing the knowledge and practice of management, promoting economic development, and building a vibrant intellectual community that serves the highest and best interests of all our stakeholders.
The School was founded in 1947 and now offers more than a dozen concentrations at the BBA and MBA levels and is accredited by the Association to Advance Collegiate Schools of Business in the top 20% of business schools in the nation. The School is funded by the State of New Mexico and further support is generated by The Anderson School of Management Foundation. For more information, the public can visit www.mgt.unm.edu, email firstname.lastname@example.org, or call (505) 277-6471.
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