IGNITE Accelerator Grads to Showcase Products to Community Friday

April 20, 2016 -- The third cohort of entrepreneurs from the IGNITE Community Accelerator at the CNM STEMulus Center will celebrate the conclusion of an intensive 12-week program by pitching their companies and demonstrating their products on IGNITE Day.
IGNITE Accelerator Grads to Showcase Products to Community Friday

Apr 20, 2016

It will take place on Friday, April 22, from 3-5 p.m. at the CNM Workforce Training Center. The event is free and open to the public.

The IGNITE Community Accelerator, which is offered by CNM Ingenuity at the STEMulus Center, is an entrepreneurial accelerator that helps young businesses grow up fast.

Owners of the 10 early-stage companies participating in the accelerator met every Friday for the previous 12 weeks and were immersed in a vigorous and focused “boot camp” environment filled with curriculum on how to develop business models, when to start hiring, customer validation, building company infrastructure and prototypes, marketing and financial literacy.

The 10 companies were selected from a competitive field of applicants by an Entrepreneurial Advisory Committee made up of local entrepreneurs and business leaders. To be chosen for the IGNITE Community Accelerator, the companies had to demonstrate potential economic impact on New Mexico. The committee looked for compatibility among the group and how the companies could contribute to each other’s success.

Each company was paired with a business coach who has entrepreneurial experience in a similar field, as well as a mentor who is successfully running a business, also in a related field. The volunteer mentors met with the business owners five hours during the full 12 weeks.

IGNITE Community Accelerator services included: 30 hours of one-on-one business coaching; 10 hours of business workshops; 48 hours of intense business training; five hours of time with an industry mentor; access to co-working space at the STEMulus Center in Downtown Albuquerque throughout the 12-week program; access to the FUSE MakerSpace at CNM’s Main Campus for help with prototype development if needed; support in developing a 100-day tactical plan for the business after the Accelerator is over; and additional coaching after the 12-week program to help with implementation of the 100-day tactical plan.

The businesses and their owners that will be showcased on IGNITE Day are:

  • MyTap, Inc., Douglas Radecki: MyTap, Inc., has built TAPpivo, a two app solution focusing on improving the craft beer shopping experience through personalized recommendations and a business inventory of craft beer brands by capturing and capitalizing on their customer’s taste preferences. This team recently won a second-place, $20,000 technology prize in the annual University of New Mexico’s Student Business Plan Competition, which was opened up to CNM teams this year.
  • Lobo Cell Phone Solutions, Paul Michelman, Gene Gomez: Lobo Cell Phone Solutions offers repairs for cell phones and other mobile devices.
  • Medical Debt Resolutions , LLC, Kathy Ferguson: Medical Debt Resolutions works with employers and individuals to reduce their medical debt by auditing and negotiating their costs.
  • The CBD Boutique, Alex Lucero, Gina Lucero: The CBD Boutique offers Hemp-based nutritional supplements containing Cannabidiol.
  • Cool Nerves Technology, Clint Furrer, Cesar Colmenero: Cool Nerves Technology is a cooling shirt system for people with MS and heat-related illnesses.
  • Trail Quail, Jeff Saul, Matt Harris, George Kephart: Trail Quail has created a mobile-friendly website for the hiking and biking trails in Albuquerque. 
  • Essence de Café, Jose Luis Santana, Paola Santana, Alec Riedel, Rebecca Riedel: Essence de Café serves a liquid coffee bean as a beverage or extract to restaurants, chocolatiers, bakeries, breweries and wineries, as well as for retail consumption.
  • Another Mother Kombucha, Royeal Jones: Another Mother Kombucha is making healthy fun with a beverage line for children and young adults that is convenient, creative and educational.
  • Shop for New Mexico Kids, Tim Claiborne: Shop for New Mexico Kids helps schools and youth-related non-profit organizations raise funds through everyday online shopping purchases.
  • New Mexico’s List, LLC, Mark Stensland: New Mexico’s List is the one-stop shop for discovering local reputable home services and products, empowering New Mexico entrepreneurs.