First, Fix the Roof

Olivia Aligned Contributions, Blog, Business, Capital and Financing, Entrepreneurship

For many entrepreneurs of color, the first step to owning a business begins long before applying for a business loan. It begins with a roof repair. It begins with a new timing belt. It begins with finding reliable, affordable childcare. The barriers to business ownership for entrepreneurs of color are staggering—and overcoming these obstacles starts before incubators and seed funding—it …

Why Big Organizations Support Small

Olivia Aligned Contributions, Blog, Business, Capital and Financing, Entrepreneurship

Square, CNM, Nusenda are part of a new wave of entrepreneurial support To be successful, a startup needs to be profitable, marketable and scalable. It also needs to be attractive to qualified employees, pay competitively, have solid financial backing and access to liquid capital. Easy, right? The high cost and high risk of startup entrepreneurship is enough to discourage even …

New Year, New Goal, New Leadership: Welcoming Additions to City Alive

Olivia Aligned Contributions, Connecting People and Places

January 24, 2019 Last month we announced our new goal: Working together to close the gap in business ownership and leadership with a focus on people of color. To make sure that we live up to this goal in the years to come, we’ve added pivotal leaders in Albuquerque to our team. City Alive’s leadership is composed of volunteer organizations …

What does it mean to be an ‘ecosystem’ anyway?

Olivia Aligned Contributions, Blog, Business, Connecting People and Places, Entrepreneurship

The internet is a web. The interstate is an artery. The economy is an ecosystem. For the human brain, explaining complex ideas with analogy and metaphor helps us relate and understand quickly. In the case of the economic metaphor, however, the imagery not only works to explain the complexity of inputs and outputs, it works literally as well. That is …

UNM’s Partnership with the Air Force Research Lab Is Changing the Future of Aerospace

Olivia Aligned Contributions, Blog, Business, Connecting People and Places, Education, Entrepreneurship, Science, Talent and Skill Development, Technology, Technology Commercialization

Closing the Gaps in the New Year

Olivia Aligned Contributions, Blog, Business, Connecting People and Places, Entrepreneurship, Racial Equity, Talent and Skill Development

When we embarked on this experiment in collective impact nearly five years ago we did not know where the path would lead. We knew Albuquerque was facing some of our toughest economic challenges. We knew there were no simple solutions. We knew that progress toward realizing our city’s full potential as a place to live, work and prosper — for …

Will Netflix Really Benefit the Local Economy?

Olivia Aligned Contributions, Blog, Business

This month Netflix announced its planned acquisition of ABQ Studios for $30 million. The deal promises to bring $1 billion in production to New Mexico over the next decade, creating up to 1,000 production jobs a year. Considering the New Mexico economy received $234.2 million in direct spending from the film industry last year, a new $100 million dollar infusion …

Synthia Jaramillo: Our Businesses Need to Reflect Our City’s Diversity

Sommer Smith Aligned Contributions, Blog, Business, Connecting People and Places, Entrepreneurship, Policy Change, Racial Equity

By Synthia Jaramillo, Director of Economic Development, City of Albuquerque | September 27, 2018 Albuquerque’s rich history and cultural diversity are unrivaled—they are what make us special. And as the City of Albuquerque’s first woman and first Latina Economic Development Director, it’s an honor to be part of this history. When Mayor Keller appointed me as the City of Albuquerque’s …