NMSU’s Arrowhead Center Receives DOE Grant for Clean Energy Tech Development

Photo Credit: ABQ BizJournals

June 22nd, 2021 – New Mexico State University will receive a $1 million grant from the U.S. Department of Energy to help develop a pipeline for clean energy tech businesses, according to a DOE news release. The money will go to the university’s Arrowhead Center, which helps small businesses grow through their resources, connection and expertise. Specifically, the money will help expand the New Mexico Clean Energy Resilience and Growth Cluster. It’s a partnership between the university’s Arrowhead Center, Los Alamos National Laboratory, New Mexico Economic Development Department and Sandia National Laboratories. The goal of the partnership is to help clean energy tech businesses expand by way of marketing and development. The partnership is relatively new, and it received an initial DOE grant of $50,000 last year, said Arrowhead Center’s senior economic development director Del Mackey. “The hybrid accelerator is a multi-week cohort-based program focused on customer discovery, market validation, and other key commercialization activities for small start-ups, and then shows them how to transition that critical information into a Small Business Innovation Research [or] Small Business Technology Transfer proposal packages for funding their innovative idea,” said Mackey. The DOE funded 10 different accelerators and incubators across the country through its Energy Program for Innovation Clusters program, which NMSU applied for in February of this year, Mackey said. NMSU and four of the other 10 incubators and accelerators — which includes Colorado State University — received the full $1 million through DOE’s program.