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Lab offers Business Planning Workshop to New Mexico entrepreneurs

Contact: Public Affairs Office, www-news@lanl.gov, (505) 667-7000 (97-170)

LOS ALAMOS, N.M., November 6, 1997 — Entrepreneurs from Northern New Mexico can attend a workshop Wednesday, Dec. 3, to learn how to develop and implement a business plan for high-tech ventures.

Sponsored by Los Alamos National Laboratory's Civilian and Industrial Technologies Program Office, the workshop will be held from 8 a.m. to 4:45 p.m. at the Hilltop House Hotel in Los Alamos. The $20 registration includes lunch and a resource book containing speaker biographies, summaries of talks and other information.

"This workshop is designed to provide New Mexico entrepreneurs with guidance and the necessary skills to utilize promising Los Alamos technologies as the basis for a successful regional company," said Dave Foster, who leads CIT's Technology Commercialization Office.

Interested Laboratory employees also can attend the workshop to learn how to work with regional entrepreneurs or advance their own plans for a spin-off company.

The workshop will feature business professionals from 11 different organizations, from New Mexico and other states, who will discuss the fundamentals of business plans; how to evaluate market opportunities; how to define, market and sell a product; and how to put together and sell the financial plan to potential investors.

Each aspect of developing a business plan will be illustrated by a knowledgeable expert followed by a case study of a New Mexico small business.

Persons interested in registering or receiving more information should contact Kenneth Martinez by phone at (505) 667-2290 or electronically at kmartinez@lanl.gov by Dec. 1.

Previous workshops hosted by the Laboratory -- one on launching a business based upon Los Alamos technology, one on market assessment and one on financing -- each attracted about 100 participants from Northern New Mexico's business community and from the Laboratory.

"The workshop last February on financing high-tech ventures was the best in my recent experience," said Fred Johnson, chairman and co-founder of Santa Fe Technologies and chairman of Plasma Technologies Inc. "The overall program was excellent; it was well organized; and it had top quality presenters who gave strong messages about topics important to anyone trying to get a business off the ground."

Among the presenters at the December workshop are:

  • Mario Rosati of Wilson Sonsini Goodrich & Rosati of Palo Alto, Calif., regarded as the premier law firm in Silicon Valley for emerging technology companies;
  • Joe Boeddeker, chief executive officer of The Enterprise Network of San Jose, Calif., which supports new enterprises in Silicon Valley by providing mentoring services to entrepreneurs;
  • Dennis Murphee, president and CEO of Murphee and Co., a Houston-based venture capital and investment firm that has been involved in financing more than 100 high-tech ventures;
  • Waneta Tuttle, president and founder of Southwest Medical Ventures of Albuquerque, which assists innovators in the creation of start-up businesses based on new technology or services for the health care market.


Case studies of New Mexico-based start-up companies will be presented by Robert Hockaday, president of Energy Related Devices; Tom Brennan, founder and vice president of MicroOptical Devices Inc.; and George Friberg, director of Project Development and Business Assistance for Technology Ventures Corp. in Albuquerque.

Los Alamos National Laboratory, a multidisciplinary research institution engaged in strategic science on behalf of national security, is operated by Los Alamos National Security, LLC, a team composed of Bechtel National, the University of California, The Babcock & Wilcox Company, and Washington Group International for the Department of Energy's National Nuclear Security Administration.

Los Alamos enhances national security by ensuring the safety and reliability of the U.S. nuclear stockpile, developing technologies to reduce threats from weapons of mass destruction, and solving problems related to energy, environment, infrastructure, health, and global security concerns.


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