Tag Archives: seed capital

NM LEEP Accepting Applications

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The New Mexico Lab-Embedded Entrepreneur Program (NM LEEP) is accepting applications from technology entrepreneurs ready to obtain two years of individualized assistance to commercialize their technology. The program pairs deep-tech entrepreneurs with the unique talent and technology of Los Alamos and Sandia national laboratories, matching LEEP fellows with seed capital and a large network of mentors, customers, and investors. Applications will be accepted from February 22 to April 22, 2024.

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Businesses, Like Life, Have Stages

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Paul Goblet

Paul F. Goblet, Financial Advisor, NM SBIC

Few businesses follow a predictable path and timeline from one stage of life to the next. Some linger for a long time as startups, while others dash directly from startup to rapid growth. Knowing the life cycle of a typical business can help an entrepreneur know where to find capital to reach the next stage.

The seed or startup stage starts with an idea or a prototype for a product or service. At this stage, entrepreneurs either tap friends, family members or other personal contacts for funds, or they seek angel investors, SBIR grants, micro loans or very early stage venture capital.

When a company is preparing its product or service for a market launch, it’s in the early stage of life. Continue reading →