• New Workshop Brings Together Investors and Inventors

    New Workshop Brings Together Investors and Inventors

    Six Techies Present Inventions To "Wolves' Den" 

    New Mexico Tech's inaugural Inventors and Entrepreneurs Workshop: A Business Start-Up Conference, was a wild success, bringing together heavyweights in the world of start-ups and innovation along with New Mexico Tech inventors.

    The two-day workshop April 15 and 16 featured guest speakers from across the nation who have vast experience as serial entrepreneurs, inventors and high-tech businesses from Wall Street, Silicon Valley, Albuquerque and other places.


     Alexander Wirth presents his economically concentrated solar panels.



    Kris Hankins presents his automated playing card reader.



    William Baker presents his "electro-muscle snaps."


    The event culminated with "The Wolves Den" – six inventors pitching their ideas to a panel of potential investors, much like the TV show "Shark Tank."

    While no potential investors pledge direct financial support to any of the Tech inventors, the presenters came away with new contacts and advice on how to market and capitalize on their inventions.

    The Wolves' Den presentations included an organic natural hair restoration treatment, an infinitely variable transmission, electro muscle snaps, a digital playing card reader, a sugar substitute and precision parabolic mirrors.

    The event closed with comments from Dr. Daniel H. Lopez, retiring president of New Mexico Tech, and Dr. Steven G. Wells, incoming president of Tech. Both expressed wonder and amazement at the breadth and quality of presentations throughout the weekend. Wells said he looks forward to maintaining the event and creating an annual destination for inventors and investors.

    The event kicked off Friday, April 15, with three keynote talks and two panel discussions. Andy Lim of LAVU in Albuquerque presented "The Story of a New Mexico Startup," his personal tale about building a multi-million dollar technology company. His company created a restaurant management software and recently secured $15 million in venture capital to develop the program.

    The first panel was "Planning for Protecting and Monetizing Your Idea," looking at all aspects concerning protection of the rights to an idea in the development process. The second panel of experts was "Show Me The Money: Investing in New Ventures." The discussion centered around the requirements of how to prepare for funding requests and what to do when the answer is "no."

    The second keynote speaker was Bill Seidel, CEO of America Invents Inc. in Sebastopol, Calif. Seidel chronicled his decades of creating and marketing more than $2 billion worth of new products.

    Participants were treated to a Western barbecue dinner and a special keynote address from Martin Cooper, the inventor of the cell phone. Cooper was a senior engineer at Motorola in 1973 when he made the first call from a mobile phone.

    Saturday's session started with a panel discussion on "Licensing Versus New Venture: An Easier Path to Riches." The morning session closes with a keynote talk by Bob Parker, former Livermore Lab engineering and multi-millionaire with more than 80 patents. He is the inventor of the liquid crystal thermometer, the Mood Ring, the Duracell Battery Tester and countless other successful products.

    – NMT –

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