July 5, 2013. Retrieved online July 8, 2013 from Alta LeCompte, Las Cruces Bulletin
New VP takes on statewide economic development
Kevin Boberg, CEO of Arrowhead Center at New Mexico State University became the university’s interim vice president for economic development on Monday, July 1.
The university’s new president, Garrey Carruthers, appointed Boberg to fill a role Carruthers himself played while he was dean of the College of Business.
Creating a separate position of vice president for economic development has, however, been in the works for several years.
Carruthers praised Boberg’s success with Arrowhead Center, one aspect of the university’s economic development efforts.
The center’s mission is “to build an innovation-based, high-growth economy by harnessing the intellectual capital of New Mexicans and channeling their entrepreneurial spirit.” Its components include a technology incubator and enterprise research for startups, a student business incubator, a proof of concept program for students and faculty and the 215-acre Arrowhead Business and Research Park. “When I came to NMSU 10 years ago, the university was not fully engaged in economic development,” Carruthers said. “Today, through the development of the Arrowhead Center, NMSU is leading efforts to facilitate economic development throughout the state.”
“Research Park had one building and one cul-de-sac before the university leased it to Arrowhead Research Center Inc.,” Boberg said. “Forty million dollars has been invested there since, mostly from out of state capital, and it now has three buildings.”
About three years ago, the center developed a proof of concept model for rapid technology transfer based on “market pull rather than technology push.”
“Arrowhead pivoted dramatically when it adopted a proof of concept model,” Boberg said. “It was a radical change.”
Proof of concept projects explore a technology’s commercial potential early in its development in order to launch it more rapidly.
Read the Las Cruces Bulletin article