Release courtesy of the NMSU News Center

New Mexico State University’s Arrowhead Center, the university’s economic development hub, is accepting applications from small business owners and entrepreneurs for its Entrepreneur Venture Program taking place this fall.

The deadline to submit an application is May 14. Those selected will receive specialized support and resources to help their businesses reach the next level of development.

“Small businesses and entrepreneurs are a critical component of our nation’s economy,” said Sara Sanders, entrepreneurship director at the Arrowhead Center. “NMSU and the Arrowhead Center are committed to helping small business owners and entrepreneurs in our region thrive in order to ignite job creation.”

Services for the Entrepreneur Venture Program are customized to fit startups and established businesses alike. The program’s services include business plans, marketing studies, feasibility studies, financial analyses and industry analyses. Businesses accepted into the program are chosen based on a variety of factors, including the degree to which they contribute to economic development in New Mexico.

Since it was established in 2004, the Arrowhead Center has completed more than 300 business research projects involving more than 300 undergraduate and graduate students. It also has fostered the spin-off of a university genetics-testing laboratory that has resulted in a new for-profit corporation, and completed several state-level economic studies.

For more information on the Entrepreneur Venture Program, call Marie Borchert at 575-646-9100 or visit http://www.arrowheadcenter.org.