News Column

El Paso Venture Expo Shows 39 Innovative Companies

July 24, 2013

Thirty-nine high-tech startup companies and other ventures will be featured in El Paso's first venture expo Friday."We need to inspire and celebrate entrepreneurship and innovation in this region. (People) need to understand incredible stuff is going on here right now," said Cathy Swain, president and chief executive officer of The Hub of Human Innovation.

The El Paso technology business incubator is organizing the Paso del Norte Venture Expo 2013 at the Camino Real Hotel Downtown. The free public portion will be open from 2 to 5:30 p.m.Kids and adults of all ages "will enjoy this," Swain said. "It's like an adult science fair."A number of startups will display their ideas and products, including American Water Recycling, a company started by three University of Texas at El Paso students who are using a Nobel Prize-winning material to develop low-cost water recycling products. The students in the spring won $100,000 for winning the University of Texas Horizon Fund Student Investment Competition against 15 other UT System teams.Premier Biomedical Inc., which is developing possible break-through treatments for cancer and brain injuries at UTEP and William Beaumont Army Medical Center labs is to be at the expo. More-established Spira Footwear, which develops and sells running shoes with springs, also is to be there."Most are companies already formed, but some
are technologies coming out of universities' (research) commercialization efforts," Swain said.A private morning session will allow the entrepreneurs to make five-minute sales pitches to venture investment firms and angel investors. Twenty investor representatives are to be at the session.A 3 p.m. panel will discuss innovation in this region. It will feature Miguel Fernandez, CEO of Transtelco, an El Paso-Juarez telecommunications carrier; Pablo Cuaron Galindo, CEO of a Juarez company that operates Hagalo, self-service stores selling
construction materials; and Davin Lopez, president and CEO of the Mesilla Valley
Economic Development Alliance in Las Cruces. Rolando Pablos, CEO of the recently
created Boderplex Alliance, an El Paso-based regional economic development
organization, will moderate the panel discussion.A public opening reception
where the entrepreneurs and venture capitalists will mingle with people from the
community will be take place from 5 to 7 p.m. Thursday at The Hub of Human
Innovation office at 500 W. Overland, Suite 230, in the Union Plaza District
Downtown. Vic Kolenc may be reached at 546-6421. What:Paso del Norte Venture
ExpoWhy: Showcase innovative companiesWhen:Friday, 2-5:30 p.m.Where: Camino Real
Hotel, 101 S. El Paso, DowntownCost: Free

Source: Copyright El Paso Times (TX) 2013. Distributed by MCT Information Services

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