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Press Release

6TH UNM TECHNOLOGY BUSINESS PLAN COMPETITION

April 4, 2011

(Albuquerque, NM) The sixth annual UNM Technology Business Plan Competition will take place at the Anderson School of Management on Friday, April 8. Student-run, high-tech startup firms will present their plans to professionals and the public beginning at 9:00 AM.

The UNM Technology Business Plan Competition is designed to encourage UNM students to collaborate on teams that commercialize technology products developed at UNM, Sandia National Labs, Los Alamos National Lab, and elsewhere. These student-owned startup firms bring inventions from lab to market and boost economic development in New Mexico.

Morning round presentations are scheduled from 9:00 AM - 11:30 AM and teams who make it to the finals will present again in the afternoon from 2:00 PM -5:00 PM. The presentations will be held in the classrooms on the south side of the Anderson School building on the UNM Campus. The public is invited to attend and admission is free.

Teams are competing for the first place Lockheed Martin / TVC / Sandia National Labs $25,000 Prize. The PNM Prize of $10,000 will go to the second place finishers and third place is the $5,000 City of Albuquerque Prize. Other valued sponsors of the competition include:

  • Technology Innovation Program (TIP) Endowment, Operational Sponsor
  • vSpring: Banquet Sponsor, and vSpring Capital will potentially seed fund, at a $50,000 - $100,000 level, the UNM Technology Business plan most likely to attract future venture capital investment

  • Sun Mountain Capital, Lunch Sponsor

  • Peacock Myers Intellectual Property Law Services, Breakfast Sponsor

  • Brownstein Hyatt Farber Schreck, In-Kind Legal Support for Winning Team



For complete competition details please visit https://techbizplan.mgt.unm.edu.

The winners will be announced the evening of April 8 at the Awards Reception and Banquet.

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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 info@mgt.unm.edu, or call (505) 277-6471.

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