When computer engineer and would-be entrepreneur
Garcia said it was his parents,
"First of all, from a marketing perspective, the Technology Incubator location and the campus setting provides a cost-effective professional base of operation," Garcia said. "You're trying to present an image, and it helped a lot to have the relationship with NMSU."
He said Arrowhead has been very flexible with the lease terms for the office space, allowing them to expand as needed. And being in a professionally furnished building with a reception area, conference rooms and staff on hand allows the company to do things like receive sensitive shipments safely, even when they're not in the office. Many of the infrastructure and personnel benefits at Arrowhead would be expensive for the company to pay out-of-pocket.
Another important benefit for Garcia's startup company is the network of experts, partners and resources that are available. For example, through Arrowhead, Garcia was able to work out a trade arrangement to provide electronic health records management for a campus mental health care clinic in exchange for an athletics program advertising sponsorship.
"We have the benefit of not just another client, but the credibility of a large institution as a client with additional future needs for our services," he said. "It's a partnership that Arrowhead helped facilitate."
The wealth of data being stored in millions of digital health records represents a goldmine for identity thieves, so it's essential for the SiliconMesa system architecture to be absolutely secure. Before becoming operational, SiliconMesa required a thorough third-party expert assessment to identify potential data security vulnerabilities Z- a process that could cost up to
Through Arrowhead and the New Mexico Small Business Assistance program, Garcia was able to secure the services of technology specialists at
The idea for SiliconMesa came from Garcia's brother,
"There's a lot of competition out there in this market, so I wanted a good market research study done to understand which competitors were winning and which were the features that I should concentrate my software development team on first," Garcia said. "I knew I needed this done, so I went to the Arrowhead team and they said, here's an idea: the graduate marketing students in the
The team of marketing students worked all semester on the project. "It was perfect. It was great experience for them, it was great information for us - and it was free," Garcia said. "It helped us build a roadmap for what to do to our software to set our company apart from the competition."
The company has been operational now for more than a year and a half, and has carefully managed its growth during that time, striking a balance between hiring new staff to support more clients and acquiring new clients to fund the growth. Arrowhead has been valuable in this, as well, connecting SiliconMesa to economic development programs that will subsidize a portion of a highly skilled employee's salary during their on-the-job training period, reducing the initial cost and risk of creating new high-wage jobs right here in
"Arrowhead Center has definitely been a key enabler for us," Garcia said. "Would we have succeeded without them? Yes, but they gave us an easier path. And at the same time, they let us be us. I didn't feel like we were being hand-held. You have someone you can ask - if you need advice, you can go to them and they can get you the answers."
"We're seeing more and more alumni who are located throughout the state who haven't been able to find what they need for their businesses," Koenig said. "One of the things that Arrowhead specializes in is finding an answer to problems and making the right connections."
In addition to the Arrowhead Technology Incubator, which helps technology-based companies like SiliconMesa connect to the resources they need, other Arrowhead Center programs provide a variety of business and policy services.
For faculty and other university researchers, there's also Launch, Arrowhead Center's program for finding funding and supporting early-stage, commercially promising technologies developed at NMSU. Finally, students and recent graduates can develop their entrepreneurial ideas through Studio G, Arrowhead's student incubator.
For more information about Arrowhead Center, visit http://arrowheadcenter.nmsu.edu.
TNS 30TagarumaMar-140703-4786570 30TagarumaMar
Most Popular Stories
- Homeowners More Satisfied With Mortgage Servicers
- House Shelves Immigration Bill, Goes on Vacation
- Ford Tremor: Easy to Park, Hard to Pay For
- What Hamas and Israel Hope to Gain in Gaza
- MassMutual Teams Up With ALPFA
- Notorious RBG Tells All in Couric Interview
- Why Samsung Shares Plunged in the April-June Quarter
- U.S. Consumer Spending Rose 0.4 Percent in June
- House GOP Leaders Abandon Immigrant Bill
- NASA Plans to Make Oxygen on Mars