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New Mexico State U launches virtual accelerator for start-ups at Mexico’s border


By Jesse Schwartz
Published: October 13th, 2021

New Mexico State University (NMSU) has launched a virtual accelerator to help support entrepreneurship near the Mexican border.

Hosted by the Arrowhead Center at NMSU, the five-week accelerator will provide access to facilities, mentoring, and education on entrepreneurial topics such as customer discovery and market fit. Graduates of the program will be able to join Arrowhead Ventures, which provides follow-up support and funding to start-ups that have completed the Arrowhead accelerator.

The new program is intended to promote business expansion and development in the border region, and to connect entrepreneurs in Mexico with the U.S. market.

The accelerator is funded as part of an agreement between the Science and Technology State Council in Sonora, Mexico, and the Innovation and Competitiveness Institute and Economic Development and Tourism Direction in Chihuahua, Mexico.

“The Borderplex Region holds a tremendous opportunity for binational collaboration, and launching successful start-ups is a key activity to promote economic development,” says NMSU innovation exchange director Carlos Murguia. “We are excited to offer this bilingual, binational virtual accelerator for technology start-ups in the region.”

Source: New Mexico Inno

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