Las Cruces Sun News: Arrowhead Center to accept $1 million check

LAS CRUCES — New Mexico State University’s Arrowhead Center will host an award presentation to accept a $1 million check from the U.S. Department of Commerce’s Economic Development Administration, with NMSU and its partners matching the awarded $1 million.

The ceremony will take place from 9 to 10:30 a.m. Feb. 20, in the Genesis Center, Building C, on the NMSU campus. The public is invited. U.S. Sen. Tom Udall and U.S. Rep. Steve Pearce will be featured at the presentation, along with Pedro R. Garza, Economic Development Administration’s southwest regional director, and other federal, state and local dignitaries from New Mexico and Texas.

The award to NMSU is a result of the i6 Challenge, a national competition to spur innovation, accelerate commercialization of ideas to market, and create companies and jobs through support of proof of concept centers. In addition to expanding Arrowhead Center’s proof of concept program, Launch, the $2 million grant will fund the creation and development of the Arrowhead Innovation Network, a support network for Launch that will provide technical assistance from experienced business people, connections, better access to investment funds and other services.

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