Arrowhead Innovation Fund (AIF), housed at New Mexico State University’s Arrowhead Center, is hosting an online pitch competition to introduce investors to companies with promising technologies developed and/or licensed by New Mexico start-up companies. AIF is focused on startups working in the agriculture, biotechnology, health/devices, information technology, engineering, energy, and water technology industry sectors.

The pitch competition, which will be held online from 3:00 – 5:00 pm on March 4, will feature five startup companies selected by AIF managers. Awards for the top three participants include cash, credit with legal firms, credit with consulting firms, IBM Cloud credits, Amazon Web Service credits, prototyping assistance, and access to Arrowhead Center’s network of advisers. Perhaps most valuable is the private investments that winners may receive from equity investors, who will be in the audience.

According to the NMSU News Center, AIF has commitments for a total investment of $800,000 from New Mexico’s Catalyst Fund, a $20 million “fund of funds” to support New Mexico companies, and $500,000 from the NMSU Foundation, as well as a $300,000 grant through the U.S. Economic Development Administration’s Regional Innovation Strategies program and other private investors.

Fund managers are looking for companies seeking between $25,000 and $200,000 in investment. Entrepreneurs must be committed to growing and scaling their company.

Click here to learn more about the competition. Register here to view it on March 4 from 3:00 – 5:00 pm.