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Verge Fund Expands Partnership With New Mexico Tech

SOCORRO, N.M. September 16, 2010 – The Management Department at New Mexico Tech and the Verge Fund have further cemented their partnership with new full-time internship opportunities for students studying management.

Department chair Dr. Peter Anselmo said the Verge Fund is a strong supporter of New Mexico Tech and the new opportunities for students show the company’s commitment to the university’s management program.  

“This internship project is a very welcome and appreciated continuation and enhancement of our partnership with the Verge Fund,” Anselmo said.

Verge Fund Managing General Partner Tom Stephenson said interns will get a first-hand glimpse into the world of finance and venture capital, while getting valuable experience that will help them launch their careers.

“We are excited and proud to offer an internship program to New Mexico Tech students,” said Amanda Giannini, Verge Fund Director of Operations. “This will provide excellent learning opportunities and real life experience for Tech students, as well as provide valuable help to Verge.”

The Verge Fund will be at the Career Fair on campus Thursday, Sept. 23. More than three dozen private firms, government agencies and research institutes will be recruiting Tech students for internships and entry-level jobs during the Fair.

The Verge Fund sponsors a speaker series through the department, giving students a glimpse into the world of investment, management and technology. The speaker series is now entering its fourth year.

The Verge Fund is an early stage venture capital fund based in Albuquerque that invests in high-tech start-up companies. Verge is looking for two upper-level Tech students to serve as interns for six months each. The internships are part-time, but the schedule will be flexible enough to maintain enrollment in classes. Students must either be management majors or an engineering student with a management minor.

“This is a great opportunity to get real-world experience working for a venture capital fund and learning about start-up companies, which are the future of our innovation economy in New Mexico and in this country,” Anselmo said. “Tech students are uniquely qualified because our emphasis in the Management Department is at the intersection of engineering, technology and business.”

The Verge Fund Speaker Series is an important tool to form new partnerships and market the Management Department to the outside world, Anselmo said.

The speaker series introduces students to leaders in high tech companies and venture capital. The events also bring industrial leaders to Socorro.

“Some of this year’s speakers already know about us because of the Verge Fund Speaker Series, and some are getting to know us for the first time,” Anselmo said. “Either way, Verge has provided us with the means to market ourselves to the business community.”

– NMT –

By Thomas Guengerich/New Mexico Tech