Forming a successful social entrepreneurial venture requires a community of involved stakeholders who listen, care, guide, challenge, and engage with founders and their teams. Santa Fe Innovates supports disciplined, purpose-filled entrepreneurs, bringing together the program, mentors, investors, and community to launch and grow. Our primary focus is on startups who have a scalable idea with a focus on technology or other solutions.
Santa Fe is a place for social entrepreneurs to start, stay, grow, and achieve a positive impact. Through our community, New Mexico will become a state known for social impact investing and scalable social enterprises. A positive ripple effect begins, igniting social impact ventures and an activating ecosystem to support founders, team members, investors, and citizens.
According to the Kauffman Foundation, the U.S. averages 20 technology companies founded per year that reach $100 million in revenues. New Mexico can be a key part. Through Santa Fe Innovates, we imagine helping to create at least five startups in New Mexico in the next ten years, each realizing $10 million in annual revenue. Job creation of 25+ team members per company will be a key result. Just as valuable, tangible social impact through the embedded purpose of each startup will multiply the outcomes realized.