{"id":965,"date":"2007-09-28T12:56:57","date_gmt":"2007-09-28T12:56:57","guid":{"rendered":"http:\/\/vibrant.bdnvisuals.com\/2007\/09\/28\/summit-praises-small-business-albuquerque-journal\/"},"modified":"2007-09-28T12:56:57","modified_gmt":"2007-09-28T12:56:57","slug":"summit-praises-small-business-albuquerque-journal","status":"publish","type":"post","link":"https:\/\/www.vibrantndt.com\/de\/summit-praises-small-business-albuquerque-journal\/","title":{"rendered":"Summit Praises Small Business (Albuquerque Journal)"},"content":{"rendered":"<p><em>by Andrew Webb, o<span style=\"background-color: transparent; line-height: 1.5em;\">f the Journal<\/span><\/em><\/p>\n<p>More than 250 stakeholders in the New Mexico economy\u2014from entrepreneurs to government\u00a0officials\u2014convened in Downtown Albuquerque this week to celebrate small business activity here.<\/p>\n<p>The 2007 Governor&#8217;s Summit on Economic Development, focused on the &#8222;entrepreneurial\u00a0economy,&#8220; runs through today at the Hyatt Regency.<\/p>\n<p>It included panel discussions on trade, venture capital investment and entrepreneurial trends,\u00a0overviews of regional economic development initiatives, company tours and talks from successful local\u00a0entrepreneurs.<\/p>\n<p>State Secretary of Economic Development Fred Mondrag\u00f3n, quoting U.S. Department of Commerce\u00a0statistics, said new, small industries are dominating the economy nationwide as major manufacturing\u00a0moves increasingly overseas.<\/p>\n<p>&#8222;All net new jobs since 2000 have been in the small business sector, and that&#8217;s true in New Mexico,\u00a0too,&#8220; he said, citing new employers like Eclipse Aviation and Advent Solar.<\/p>\n<p>&#8222;Our goal is to try to get the next AOL, the next Intel started here,&#8220; he said.<\/p>\n<p>Barry Schuler, a former executive for AOL who has also started and led several technology\u00a0companies, said he&#8217;s seen a decline in research and development performed by the government and big\u00a0companies. If the U.S. is to remain competitive with up-and-coming economies like India, China and\u00a0Israel, small business needs to pick up the slack, he said.<\/p>\n<p>Lem Hunter, an Albuquerque entrepreneur, said the state has done a great job of creating incentives\u00a0for small business, such as financial assistance to companies for job training and tax credits for\u00a0small-scale investors.<\/p>\n<p>But, Hunter said, to encourage more small business, the state still needs to fix some less appealing\u00a0aspects\u2014such as lack of rural infrastructure, an education system with a poor public image, and a\u00a0bureaucratic method of business taxation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than 250 stakeholders in the New Mexico economy\u2014from entrepreneurs to government officials\u2014convened in Downtown Albuquerque this week to celebrate small business activity here.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-965","post","type-post","status-publish","format-standard","hentry","category-company-news"],"_links":{"self":[{"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/posts\/965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/comments?post=965"}],"version-history":[{"count":0,"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/posts\/965\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/media?parent=965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/categories?post=965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/tags?post=965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}