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Supporting New Mexico start-ups is key to long-term prosperity

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Supporting New Mexico start-ups is key to long-term prosperity


Matthew Ennis

I’m within the uncommon place of being each an angel investor and a recipient of angel investor funding from New Mexico Angels and their networks.

I’ve been on the bottom flooring with many New Mexico start-ups together with NTx, Lumidigm, GNI and Construct with Robots. So I really can see the significance of our neighborhood ecosystem in the case of supporting and rising New Mexico’s innovation financial system.

Why do I really feel it’s crucial to assist the start-up neighborhood with funding? In a nutshell — it’s the way in which we construct our financial ecosystem to create extra jobs and variety of jobs for our households and future generations of New Mexicans. It’s not a secret that New Mexico has been reliant on federal funding, and investing and supporting profitable start-ups is without doubt one of the most promising paths to diversify and strengthen our financial system. We wish our younger individuals to have the chance to get pleasure from a difficult and satisfying profession in New Mexico, and constructing a various financial system is the way in which we do this.

Being an angel investor carries threat. Not all start-ups will succeed and even fewer will make you a terrific return in your cash. However that mentioned, in New Mexico, you should have the chance to put money into the perfect start-ups, which might not be out there to a typical angel in Silicon Valley.

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Within the Land of Enchantment, we’ve one thing different states don’t — the uncommon benefit of three nationwide labs: the Air Pressure Analysis Laboratory, Sandia Nationwide Laboratories and Los Alamos Nationwide Laboratory. These labs, with the assist of New Mexico Financial Improvement Division, have quite a few applications that present New Mexico small companies with entry to experience, gear and scientific mind energy not out there to companies exterior of New Mexico.

There’s additionally a terrific inter-connected financial growth assist system throughout native, regional and state stage entities. It requires the assist of the complete neighborhood to construct a profitable firm from scratch.

The underside line is nice concepts and know-how want funding to construct options that have interaction the industrial markets enabling the creation of sustainable companies. After which much more funding is required to have these firms thrive and to develop into cornerstones of New Mexico’s financial future.

Construct With Robots took off in 2020 after we commercialized automation know-how for areas the place there wasn’t a variety of automation. We raised $5 million from angel traders, and have leveraged assist from NMEDD, which has allowed the corporate to develop all through New Mexico, Texas and Arizona. We launched a second spherical of founding to gasoline new merchandise and nationwide enlargement. Our bookings for 2021 exceeded $5 million and we’re persevering with to develop. Our New Mexico workforce has grown from two founders to 30 full-time equivalents. And people numbers can even proceed to develop.

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None of our success could be doable with out that preliminary money infusion that got here so generously from angel traders. I encourage all businesspeople in New Mexico to get entangled with our sturdy start-up scene, as an investor, a supporter, or a mentor. Collectively we are going to see New Mexico thrive in unprecedented methods.

Editor’s Be aware: All through 2022, New Mexico Angels’ members, traders and start-up house owners will likely be writing columns on financial growth and start-up alternatives within the state. The Angels unite particular person traders to pool their assets, offering seed and early-stage capital to startup firms.



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New Mexico

Northern New Mexico Toy Drive aims to serve around 8k children

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Northern New Mexico Toy Drive aims to serve around 8k children


The toy drive is now underway. Here is how you can help.

SANTA FE, N.M. — The City of Santa Fe launched its Northern New Mexico Toy Drive last week with the goal of serving around 8,000 children.

According to the city, that is how many children are in-need. Now through Dec. 15, you can drop off donations at several locations (see below).

The toy drive will benefit more than 40 organizations and monetary donations will go toward buying gifts locally.

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Organizers are also hosting an ugly sweater fundraiser Dec. 6 at the Fuller Lodge in Los Alamos. Tickets are $25 and all proceeds will go toward the toy drive.

The Northern New Mexico Toy Drive started 15 years ago with less than 100 children and quickly ballooned into what it is today.



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Washington’s 19 help New Mexico down Texas Southern 99-68

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Washington’s 19 help New Mexico down Texas Southern 99-68


Associated Press

ALBUQUERQUE, N.M. (AP) — Tru Washington scored 19 points as New Mexico beat Texas Southern 99-68 on Sunday night.

Washington added 10 rebounds and four steals for the Lobos (5-1). Mustapha Amzil scored 18 points, shooting 6 for 15 (2 for 6 from 3-point range) and 4 of 6 from the free-throw line. Filip Borovicanin finished 5 of 6 from the field to finish with 11 points.

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Kavion McClain led the way for the Tigers (0-5) with 15 points and six assists. Jaylen Wysinger added 12 points for Texas Southern. Zaire Hayes finished with 10 points.

New Mexico took the lead with 1:13 remaining in the first half and did not give it up. Washington led their team in scoring with eight points in the first half to help put them up 38-31 at the break. New Mexico extended its lead to 77-48 during the second half, fueled by an 11-0 scoring run. Borovicanin scored a team-high 11 points in the second half as their team closed out the win.

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The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.

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A New Mexico city has reached a $20 million settlement in the death of a grandmother fatally shot in her car by an officer | CNN

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A New Mexico city has reached a  million settlement in the death of a grandmother fatally shot in her car by an officer | CNN




CNN
 — 

The city of Las Cruces, New Mexico, has reached a $20 million settlement with the family of a grandmother fatally shot by a police officer last year, according to The Associated Press and local media.

Felipe Hernandez, then working for the Las Cruces Police Department, fatally shot Teresa Gomez, 45, in her car in October 2023. Her family filed a lawsuit in federal court against the city, the police chief, and three members of the police force.

The settlement is the city’s largest agreement in a civil lawsuit, according to CNN affiliate KFOX14. The parties reached a settlement on November 7, according to a court filing. CNN has reached out to the city and an attorney representing the Gomez family for comment.

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“This settlement should be understood as a statement of the City’s profound feeling of loss for the death of Gomez and of the City’s condolences to her family,” the city of Las Cruces said in a news release sent Friday, according to AP.

Hernandez, who was fired from the police department months after the shooting, faces a second-degree murder charge, court records show. He has pleaded not guilty. His trial is scheduled to begin June 2. CNN has reached out to Hernandez’s attorney for comment.

Gomez was sitting in her car when Hernandez accused her and her passenger of trespassing, footage from the officer’s body-worn camera shows. He then shouted commands laced with the F-word at her and threatened to arrest her, “tase” her and make her life “a living hell” if she didn’t comply with his plan to investigate, the footage shows.

After Hernandez approached Gomez on a bicycle as she sat in her car, Gomez told him she had been visiting someone at the address and said she was looking for her misplaced keys, the body-camera footage shows. Gomez and the officer discussed why she and the passenger were parked outside a public housing complex – a place Hernandez said the passenger was not supposed to be. Gomez said multiple times she was unaware of any visitor rules, the video shows.

After Hernandez repeatedly asked Gomez to leave her car, Gomez stood outside it for a while, answering some of the officer’s questions, the video shows. Her passenger was never asked to get out or questioned in a similar way.

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The grandmother eventually found her car keys and, with the officer’s permission, sat back in the driver’s seat, according to the video and the lawsuit.

Half a minute later, she engaged the engine and, with her car door still open, shifted into reverse, pulled back, then put the car into drive, the video shows.

Hernandez shouted “stop!” three times, then fired his gun several times, the video shows.

The lawsuit alleges Gomez presented “no threat of any physical injury to Hernandez or anyone else” and Hernandez “left her to bleed out in her car as he turned away from her gasping body to retrieve his bicycle and flashlight.”

The suit claims Las Cruces “has adopted a de facto policy of indifference to the escalation of encounters between its officers and the public” and it “it allows officers to use deadly force in situations in which there is no threat of great bodily harm or death posed by the subject receiving deadly force.”

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The complaint also alleges city employees disproportionately use excessive force against people of color – like Gomez, who was Hispanic.

Gomez’s sister, Angela Lozano-Gutierrez, previously told CNN the video of her mother’s encounter with Hernandez was “shocking.”

“We may never get the apology we need,” Lozano-Gutierrez said. “We’re just trying to cling to each other, and we just keep telling ourselves: She would want us to continue to live to be happy.”



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