New Mexico Seeks Applicants for new Technology & Innovation Board

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New Mexico Seeks Applicants for new Technology & Innovation Board created under HB20 NewMexicoConservativeNews.com

Otero County leaders decry that Alamogordo and Otero County is not represented in Santa Fe in dialogue arounds jobs growth and innovation. Now is a chance for local educators or innovators to step and and have a role in leadership development in the conversation.

House Bill 20, sponsored by Rep. Meredith Dixon (D-Albuquerque) during the most recent legislative session, established the Technology and Innovation Office, as well as the Research, Development and Deployment Fund with more than $90 million appropriated to support early tech businesses; match funds for research and development; support recruitment and retention; and boost New Mexico’s quantum technologies sector. State officials say this new Technology and Innovation Office within New Mexico’s Economic Development Department is expected to advance economic growth in the state and provide funding for startup companies

HB20 also established the Technology and Innovation Network Advisory Board, representing New Mexico’s national labs, universities, the private sector and several other economic areas, and will help administer the Research, Development and Deployment Fund.

The New Mexico Economic Development Department is seeking applicants for a new advisory board to help shape the state’s growing technology and innovation sectors.

Community and industry leaders are invited to join the new Technology and Innovation Network Advisory Board, established by House Bill 20 and signed into law by Gov. Michelle Lujan Grisham on April 9. The board will help shape the future of the state’s tech economy by guiding strategic planning for the newly created Technology and Innovation Division.

The board will provide recommendations, ensure active engagement between the state and relevant private sectors, and assist with administering the Research, Development, and Deployment Fund.

The department seeks board representatives with diverse backgrounds and interests, including skilled tradespeople, economic development professionals, Indigenous community members, venture capitalists, and others. Members must be available to meet at least quarterly and are expected to actively participate, including serving on relevant subcommittees. The board’s work is expected to begin by September 1, 2025.

Board members will be appointed by the Economic Development Department Cabinet Secretary Rob Black. Interested parties can apply online by June 30 at forms.monday.com/forms/2f495eb8777719fd6f789e675d0be4ad?r=use1

The state is seeking New Mexico representatives from:

  • skilled trades associations
  • regional economic development organizations
  • Indian nations, Tribes, or Pueblos
  • private equity industries with at least five years of relevant experience
  • venture capital industries with at least five years of relevant experience
  • private sector business owners who cannot be classified as a representative of employers or employees
  • business incubators or accelerators with at least five years of relevant experience
  • aerospace and space sector who are industry alliance members or have at least five years of relevant experience
  • bioscience sector who are industry alliance members or have at least five years of relevant experience
  • clean energy and water sector who are industry alliance members or have at least five years of relevant experience
  • advanced computing sector who are industry alliance members or have at least five years of relevant experience

Let's get some applications from Otero County on the state boards and drive investment locally. 

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After reading all 27 pages of HB20, I wouldn't race to join the board, or apply for a grant.
There is almost no emphasis on helping tech startups, and what little there is, is primarily aimed at green energy initiatives that would create very few jobs.
It appears that the main thrust is to take money away from the office of entrepreneurship, and combine it with the former office of strategy, science and technology to create the new department.
It appears that another major goal is to use this money as a slush fund for the university to fund DEI and other fraudulent programs.
Any information obtained by the technology and
innovation division that is deemed by the director to be
proprietary technical or business information shall be held
in confidence. Proprietary technical or business information
shall not be deemed a public record under the Public Records
Act or be open to inspection under Section 14-2-1 NMSA 1978.

Meaning there will be no public record of how most of this money is being used by the university and other agencies receiving it.
The wording of the grant application qualifications as well as the makeup of the board show that the majority of these funds will be given to the university, not tech startups.
Instead of helping grow new business' in NM, this bill has actually hurt small tech startups.

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