ActivateNM

ActivateLogo_FINAL

ActivateNM is designed with three brand pillars in mind: disrupt, build, and community. Everything about the program is designed to help founders build valuable businesses. We seek cohort companies who are ready to disrupt a particular market through big visions and innovative, transformative ideas. Lastly, we believe that entrepreneurs are more likely to succeed when they are surrounded by a community of support. ActivateNM is committed to nurturing New Mexico's entrepreneurial community and thus, promoting prosperity in our state.

Who Should Apply?

We accept applications 2-3 times per year and seek early stage software or software-enabled startups to join the program. "Early stage" typically means companies that are pre-launch and/or pre-revenue, with little to no outside funding raised. Technology products need not be market ready to apply, but founders should have a working prototype (if a technical founder) or an advanced understanding of the problem you'll be solving (if a business founder). Businesses who have their first few customers or have raised some capital may also be a great fit. We like to see applications from founding teams rather than single founders, though solo founders who are ready to build their team are also encouraged to apply.

The Curriculum

The ActivateNM curriculum is designed to give teams hands-on learning each week with a local business leader who is an expert on the topic. Each week, business leaders will workshop at least one cohort company, while other companies observe and participate.


The topics covered in the 8-week ActivateNM curriculum include:

  1. Lean Startup
  2. Customer Development
  3. Team & Organizational Development
  4. Product-Market Fit
  5. Customer Acquisition & Marketing
  6. Corporate and Legal
  7. Fundraising
  8. Pitching and presentation

Commitment & Cost

While there is an 8-week curriculum outlay customized for each company in the cohort, the program itself lasts for as long as it takes for your startup to achieve the milestone(s) you set out to hit as part of onboarding. Typically, companies will be expected to move through the program in 3-6 months.

Those who hit their milestones graduate to become alumni and have the chance to join the NM Startup CEO Network. Those who fail to make progress for consecutive weeks or who otherwise invalidate their core business hypotheses will be asked to leave the program.

Accepted companies are required to participate in all Wednesday 11am-2pm sessions, attend workshops as determined during on-boarding, give full time effort (~40 hours/week) to your company, and connect at least weekly with the ABQid Program Director and your Team Mentor.

Some participants are eligible to receive a $2,000 scholarship to participate. Scholarships will be granted based on financial need. A monthly program fee of $100 is required for all participating companies.

ActivateNM Cohort Companies

A couple of times each year, ActivateNM accepts applications from early-stage software or software-enabled startups based in New Mexico. Take a peek at current and past cohort companies and the exciting startups they're building in New Mexico.

Nimble Compensation
Founder, Zach Spangler
Spring 2019 Cohort

Well Known Corporation
Founder, Shailaja Jale
Spring 2019 Cohort

Conversion Plan
Founder, Xavier Lemon
Spring 2019 Cohort

Donor Jar
Founders, Chris Jaramillo & Ben Ferrufino
Spring 2019 Cohort

Schedule My Rent
Founder, Kris Winckler
Fall 2018 Cohort

Custom Cult
Founder, Marty Bonacci
Fall 2018 Cohort

Think Ubiquitous
Founders, Magdalena & John Donahue
Fall 2018 Cohort

Fruitstand Tech
Founder, Kanani Voegeli
Fall 2018 Cohort

Hangerang
Founders, Javier Romero & Gus Liakos
Fall 2018 Cohort

ActivateNM Mentors

The success of ActivateNM cohort companies depends on the support of our extensive network of professional mentors. Mentors volunteer their time to facilitate workshops, mentor companies 1-on-1, and share their business knowledge to help companies make progress towards their key growth milestones.

Kevin Soules
Patent Attorney
Loza & Loza, LLP

Ioana Engstrom
Director, Int'l Business Development
NeoSan Labs

Lisa Adkins
Chief Operating Officer
Ingenuity Software Labs

David King
Business Consultant
Albuquerque, NM