1October 25, 2012

The University’s Innovation EcosystemA Rainforest in the Desert

University Economic Development Association – Annual SummitSeptember 30, 2014

Presented by:Lisa Kuuttila

CEO & Chief Economic Development Officer

STC.UNMkuuttila@stc.unm.edu

The Rainforest Model for Innovation Systems (Hwang, Horowitt)

A Rainforest is a human ecosystem in which human creativity, business acumen, scientific discovery, investment capital, and other elements come together in a special recipe that nurtures budding ideas so they can grow into flourishing and sustainable enterprises.

Create a Rainforest in the Desert

How to Build Innovation Ecosystems

Source: The Rainforest: The Secret to Building the Next Silicon Valley

Talent

Money

Coaches & Mentors

Academia & Research

Business Support Services

Access to Global Markets & Supply Chains

News & Media Outlets

Culture, Societal Values, Models, Rule of Law

Real Estate & Business Infrastructure

Education & Workforce Development

Trade & Industry Organizations

Ideas & Inventions

Government

Timeline

Sept. 2012 – First UNM Economic Development Summit Nov. 2012 – UNM President Robert Frank Receives Final Report from

Economic Development Summit Nov. 2013 – New Mexico Educators Federal Credit Union Donate $3

million for Innovate ABQsm

Nov. 2013 – UNM Awarded $1.5 million EDA grant Jan. 2014 – Economic Development Council formed Feb. 2014 – Innovation Academy Design Begins Feb. 2014 – Bernalillo County Joins Innovate ABQsm with $1 million March 2014 – Mayor announces Albuquerque is part of Living Cities

Initiative July 2014 – Property closing for Central and Broadway site Jan. 2015 – Master Planning competed

STC’s Economic Development Activities

UNM President

STC.UNM

UNM Economic Development Council

UNM Economic Development Forum

Innovation Academy

Economic Development

Comet Solutions (2155 Louisiana Blvd NE – 2,500 sqft)Intellicyt (9620 San Mateo Blvd NE – 8,000 sqft)NanoMR (5741 Midway Park Blvd – 19,000 sqft)Eta Diagnostics (near Menaul and Carlisle– 13,000 sqft)K&A Wireless (2617 Juan Tabo Blvd NE)Pucara Engineering and Logistics, LLC (Tijeras, NM)Exagen Diagnostics (800 Bradbury Drive SE Suite 108)

Technology Ventures Corporation (TVC)• Dynamic Photonics, Ecopesticides International(1155 University Blvd. SE Shared‐office – 225 sqft)

Incubator Space• BioScience Center (5901 Indian School Rd NE)• 19,500 sqft building; 2500 sqft lab space

• Biophagy• Oligocide (1000 sqft lab and office)• Avisa Pharma, Inc.• Azano Health• AgilVax• InLight Solutions, Inc.• Respira

• UNM STP & Cecchi Venture Lab (University & Bradbury)• SKINfrared (2000 sqft)• Lumidigm• Tyrosine Pharmaceuticals

• Verge Building (317 Commercial St. NE)• TruTouch• Pajarito Powder (200 sqft office; 2000 sqft manufacturing)

• WESST Enterprise Center (609 Broadway Blvd. NE)No designated office space

• Accelera Diagnostics• PanMuse• Quatros• Transmix Safe Lock, Inc. (36 sqft desk space)• ThermoDynamics Films, LLC (100 sqft of kitchen)• Batterade, LLC• Wedge Health Communications • Alpine Biosciences • Nanocrystal LLC• First Photonics• truSecSys• VisionQuest Biomedical 

Of the 45 active start‐up companies based on UNM Technology that STC has helped to spin‐off, 36 of them are located 

throughout the Albuquerque area, with no geographic proximity. We have no synergy of place.

UNM Start-ups are spread throughout Albuquerque

Innovate ABQsm is…

A Highly-Connected Community Where People Live, Work, Play

Leveraging the research power of the University of New Mexico and the workforce development engine of Central New Mexico Community College

Engaging the City of Albuquerque, the County of Bernalillo, and the State of New Mexico

Connecting with the Albuquerque’s Entrepreneurial and Established Business Community

To create new companies, grow existing ones and attract more out-of-state business and individuals who will expand our ecosystem.

The Mission

Innovate ABQsm is envisioned to:

Strengthen the economic base of the mid Rio Grande region and the State of New Mexico through the advancement of knowledge worker jobs (knowledge worker jobs create other jobs).

Create opportunities for the knowledge workers graduating from our educational institutions and those experienced workers in the community.

Provide entrepreneurial training and support at many levels.

Innovate ABQsm Innovation District

Partnerships

Leveraging both the assets of the city and the University, Innovate ABQsm will be a catalyst for a new innovation economy in Albuquerque.

2014 UEDA Annual summit

Carol A. Parker Senior Vice Provost

Innovation Academy

A Pedagogy. Not Just a Place.

Skills Needed to Succeed in the World of Work

Where Do Good Ideas Come From?

Innovation Academy

Can We Teach Creativity, Critical Thinking and Problem Solving?

Fostering Creativity, Critical Thinking and Problem Solving

1 real-world, problem-based and community-engaged learning opportunities in partnership with business, community and government leaders

2 interdisciplinary content and context

3 skills assessment

Real World Problem Solving

Skills Assessment

Some Interdisciplinary Pilot Projects

1 innovative design clinic

2 diplomacy lab

3 technology entrepreneurship

4 photonics in medicine

5 built environment solutions for community health

6 shark tank talks

7 futures design lab

8 etc.

InnovateABQ. Innovation Academy.