Center for Commercialization & Entrepreneurial Training
Every month, the Chamber co-sponsors an entrepreneur development program. This intensive how-to education program incorporates an extensive national experience base with local professional and academic subject matter expertise. There are six seminars that repeat every six months. The events are held in the auditorium of the University of New Mexico Science & Technology Park Auditorium at 800 Bradbury SE from 8:00 am – 12:00 noon. The events are free of charge, but an RSVP is preferred prior to each seminar. Business owners who complete the series of six receive a certificate of completion.
Entering the Entrepreneurial World
This session introduces the emerging or expanding entrepreneur to the services of Technology Ventures Corporation, commercializing a technology-based product, analyzing the business and financial potential of a product, and exploring the organization and legal alternatives.
Marketing Research and the Marketing Plan
This session discusses the significant endeavor in determining the market potential of a product, understanding the dynamics in the marketplace, forecasting sales and revenue into a revenue model, and producing a marketing plan.
This session explores raising capital, understanding and using the financial statements, preparing budget projections and proforma financial statements, dealing with the various tax issues and applications, and company valuation.
Preparing and Presenting the Business Plan
This session takes the entrepreneur step by step through the process of developing and writing a business plan directed toward achieving equity financing for his/her innovation and company.
Operations Startup, Monitoring, and Human Resources
This session describes the business organization development process and the essential legal, accounting, taxation, and record keeping procedures. We also discuss the critical areas of staffing, recruiting, and educating and training personnel.
Attracting Equity Investors and Lessons Learned
This session discusses the developing relationship with investors, intellectual property, securities issues, term sheets, and the art and techniques of negotiation. We will also gain the benefit of hearing from those individuals who have experienced the equity funding process.
Also sponsored by Technology Ventures Corporation, Sandia National Laboratories, Albuquerque Hispano Chamber of Commerce, City of Albuquerque, and UNM Robert O. Anderson School of Management.