The Enhance Fund

Growth Through Technology

Our Mission

The Enhance Fund is a 501(c)3 non-profit organization whose aim is to advance biotechnology, optics, photonics, materials science, and other high-tech sectors in New Mexico by offering education and training to emerging technology companies.


Advance business growth in promising, high-growth science sectors and develop firms offering quality jobs in mid-to high-wage occupations. 


Provide scientists and technical experts the business acumen and connections to develop and  commercialize their innovations


Develop and evolve companies that typically sell services and products out-of-state and internationally.


Leverage public and private innovation through technology transfer from area anchor research institutions and via co-developed projects.


We provide education and training to start-up companies as well as other economic development outreach and education to the public. We offer programming, workshops, training, and community outreach targeting technology-focused entrepreneurship, especially in the bioscience industry.


  • Sector-specific workshops
  • Financial literacy training
  • General small business seminars
  • Investment pitch training
  • Help developing internships
  • Technology licensing assistance
  • Business plans reviews
  • Individual mentoring
  • Guidance in accessing capital
  • Connections with peers, experts, investors and others

Why Biotechnology for Growth?

Bioscience products and services will remain one of the fastest-growing markets over the next 20 to 30 years. Biomechanical engineering jobs, for example, are expected to grow by 35 percent between 2014 and 2024.

The economic benefit of direct spending by bioscience companies is multiplied by employees spending money in the local economy, the construction of specialized facilities and the purchase of supplies and business support services.

Bioscience has a high multiplier effect. in 2014 the Biotechnology Innovation Organization reported the 1.66 million U.S. bioscience jobs contributed to 7.53 million indirect jobs, for a total of 9.18 million bioscience-related jobs. This employment multiplier occurs in an industry with higher-than-average salaries – $94,543 in 2014.

Our Partners

The Enhance Fund works collaboratively with other economic development entities as well as research and higher education institutions to support new economic development and job growth in the Albuquerque and Rio Rancho areas.

Connect with our team

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