Author Archives: Admin

Program Embeds Tech Entrepreneurs at NM Labs

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Molecular biologist Kristina Trujillo is determined to help physicians identify and treat Alzheimer’s disease before the onset of debilitating cognitive decline.

Trujillo, who holds a doctorate in molecular biology from New Mexico State University, is CEO of Albuquerque-based T-Neuro Pharma. With help from the New Mexico Lab-Embedded Entrepreneur Program (LEEP), her company is developing a simple blood test to determine the presence of Alzheimer’s disease and a treatment to prevent its development and stop its progress.

She is one of three technology entrepreneurs in New Mexico LEEP’s first two-year fellowship cohort, which started early this year. The program embeds “deep tech” entrepreneurs—people developing solutions to existential problems like climate change and disease—at Los Alamos National Laboratory, where they work alongside scientists and mentors to advance, test and validate their innovations on a path to making them marketable products.

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SBA Extends EIDL Payment Deferment

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The U.S. Small Business Administration has announced it will extend the deferment period of principal and interest payments for businesses that received a COVID Economic Injury Disaster Loan. The deferment gives COVID EIDL borrowers an extra six months of payment relief, thereby extending the total deferment period to a total of 30 months from the inception of all approved COVID EIDL loans.

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MEP Helps Doctor Meet Demand for Healing Products

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To deal with the pain of postpartum mastitis, Janine Mahon drew on her knowledge of Chinese medicine to create a soothing topical salve for herself from herbs and oils. In the 20 years since she successfully treated her own breast pain, Mahon, a licensed and certified Doctor of Oriental Medicine, refined the product and shared it with clients at her Albuquerque clinic.

When one satisfied patient asked for a dozen bottles of the healing oil to share with friends, Mahon wondered if there might be a larger market beyond her regular clients. Mahon launched Dr. Janine Mahon’s Rejuvenating Breast Oil exclusively through Violet Grey, a high-end retailer with extensive online reach and sales through its Melrose Place store in Los Angeles.

“I went from no product to a dream store launching it,” she said. “Being in Violet Grey led to other places wanting to carry it.”

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Wesst’s WBCs Support Women Entrepreneurs

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Celebrations of women’s accomplishments during Women’s History Month are incomplete without also celebrating the organizations that support women in their endeavors. The business development organization WESST supports women by offering services specifically designed for women entrepreneurs under a program developed by the U.S. Small Business Administration. While WESST offers its services to people of every gender identification, its seven offices are SBA-designated Women’s Business Centers.

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Value-Added Producer Grants 2022

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The U.S. Department of Agriculture is accepting applications for grants to help farmers, ranchers, and producers maximize the value of the items they produce. Value-added products are agricultural products that have been modified or physically changed to enhance their value. Examples include salsa made from tomatoes and energy produced from farm animal methane.

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Recovery Fund Fills Void Left by Expired PPP

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New Mexico’s Small Business Recovery Loan Fund offers up to $150,000 with low interest to pandemic-impacted businesses. The fund was created to assist New Mexico businesses unable to access any or enough Paycheck Protection Program (PPP) funds, and it continues to fill that void now that the PPP has expired. The loan program is open to applicants until December 31, 2022.

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Gallup Community Central to Music-Store Owner

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Rhonda and Ryan Quintana connected over music. Born and raised in Gallup, both were active in the local music scene — Rhonda as a singer and Ryan playing guitar while pursuing a music degree.

It was no surprise, then, when Rhonda and Ryan opened Quintana’s Music Center in 2017 on Gallup’s Coal Avenue in the heart of the city’s revitalized downtown. The store sells musical instruments and band equipment, and the Quintanas work with schools to help students get the instruments they need.

Rhonda said dedication to community is central to what they do. Before the pandemic, Rhonda served on various boards, led fundraising efforts for local charities, and provided management and logistics for community-energizing local events through the business.

“We try really hard to be ingrained in our community,” Rhonda said.

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