The University of New Mexico and the City of Albuquerque are partnering on a new “Right to Start” initiative to help boost entrepreneurship among local communities.
UNM Rainforest Innovations and the city’s Economic Development Department are jointly financing a new $100,000, yearlong contract with the Missouri-based Right to Start organization to advance entrepreneurial creativity and business development in New Mexico as a motor force for economic development.
The city contributed $10,000, and UNM $90,000.
The initiative promotes entrepreneurship as a fundamental right that needs to be encouraged and supported among everybody everywhere, said Lisa Kuuttila, CEO and chief economic development officer for Rainforest Innovations, which leads UNM’s technology transfer, entrepreneurship and economic development programs. That includes marginalized rural and urban communities that often struggle for equal access to needed resources and assistance.