The new center is called the Arrowhead Center and is run out of the College of Business Administration and Economics. NMSU officials hope the center will help create jobs, enhance student education, recruit and retain faculty, and attract and deploy venture capital to and in New Mexico.

“The vision for the Arrowhead Center is to be a nationally recognized leader in commercializing intellectual property and fostering economic growth in a largely rural state,” says Garrey Carruthers, dean of the College of Business Administration and Economics and vice provost for economic development.

Arrowhead Center will help clients research markets, write business plans, find financing and verify that the technologies behind proposed products work. Kevin Boberg, director of the center and associate dean of the business college, says the center will partner with a variety of laboratories and universities in New Mexico. Possible partnerships include NMSU’s Physical Science Laboratory, NMSU’s Manufacturing Technology and Engineering Center, the New Mexico Institute of Mining and Technology, Sandia National Laboratories and Los Alamos National Laboratory.

The center’s goal is to work with 45 client companies per year. Boberg says initial projects include finding a way to manufacture a chile-thinning machine developed at NMSU and forming a company to commercialize an NMSU professor’s nanotechnology research.

Boberg says student participation will be a key to the new venture.
“NMSU students should participate in hands-on field work and experience the
excitement of achieving success,” he says.

For more information:
Kevin Boberg
kboberg@nmsu.edu