New Mexico Trade Alliance
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Location |
Albuquerque, NM |
|
|---|---|---|
|
Project Name |
Q-Station: Supporting Recovery and Resilience via Aerospace, Science, and Tech Entrepreneurship |
|
|
Award Amount |
Federal Share |
Local Match |
|
$750,000 |
$187,500 |
The New Mexico Trade Alliance will use its position as an intermediary between the city of Albuquerque and the U.S. Air Force to develop technology-based economic development programming that helps the Southwest prevent, prepare for, and respond to COVID-19.
Programming will:
- Encourage commercialization of technologies developed by the Air Force Research Lab (AFRL) and aerospace companies through Q-Station, an incubator that convenes government, industry, and academia.
- Promote regional, national, and government connectivity around economic development and aerospace-technology commercialization, addressing entrepreneurial-resource shortages that are exacerbated by COVID-19.
- Strengthen the regional economy by promoting technology entrepreneurialism and expanding innovation, enabling business and job creation during the pandemic.
- Strengthen security and supply chain innovations, and improving startups’ access to capital.