created; members; duties. A. The "technology and innovation network advisory board" is created in the technology and innovation division of the department. The advisory board consists of an executive committee and any subcommittees created by the executive committee. The advisory board is composed of the following: (1) the secretary or the secretary's designee, to serve as chair; (2) eleven members who may collectively be referred to as "core members", including the president of the New Mexico independent community colleges or that president's designee, the president of the New Mexico chamber of commerce or that president's designee and one representative from each of the following: (a) Sandia national laboratories; (b) Los Alamos national laboratory; (c) the United States air force research laboratory; (d) New Mexico state university; (e) the university of New Mexico; (f) the university of New Mexico health sciences center; (g) the New Mexico institute of mining and technology; (h) Navajo technical university; and (i) central New Mexico community college; (3) a representative from each center of excellence established pursuant to Section 21-1-27.11 NMSA 1978 that is not otherwise represented on the board; and (4) the following public members to be appointed by the secretary: (a) one representative from a skilled trades association in New Mexico; (b) one representative from a regional economic development organization; (c) one representative from an Indian nation, tribe or pueblo; (d) one representative from the private equity industry with at least five years of relevant experience; (e) one representative from the venture capital industry with at least five years of relevant experience; (f) one representative from the private sector who owns a business and who, on account of the person's previous vocation, employment or affiliation, cannot be classified as a representative of employers or employees; (g) one representative from a New Mexico business incubator or accelerator with at least five years of relevant experience; and (h) eight representatives who are industry alliance members or have at least five years of relevant experience working in entrepreneurial support. Two representatives shall be from each of the following four target sectors: aerospace and space, biosciences, clean energy and water and advanced computing. B. The "technology and innovation network advisory board" is created to unite various sector perspectives to assist in the guidance and ongoing strategic planning of the division. The advisory board shall: (1) provide to the technology and innovation division recommendations for strategic engagement, industry perspective, sectors that the division should make target sectors and feedback on the division's programs and initiatives; (2) assist with ensuring active engagement between the state and the private sector; (3) assist the technology and innovation division with administering the Research, Development and Deployment Fund Act [6-31A-1 to 6-31A-7 NMSA 1978], including providing recommendations to that division for eligibility requirements, funding priorities and the awarding of project funding; and (4) publish annual performance reports by December of each year that identify near-term constraints and challenges, identify opportunities and long-term trends and provide sector survey metrics and policy recommendations. C. The technology and innovation network advisory board shall meet, beginning in 2025, not less than quarterly at the call of the chair or at the request of two-fifths of its membership to carry out its duties. A majority of the members constitutes a quorum for the transaction of business, and the support of a majority of the quorum is required for adoption of any action. D. Appointments to the technology and innovation network advisory board shall be made by and the terms of service of appointed members shall start on September 1, 2025. The terms shall be four years, and the initial terms shall be staggered so that the terms of one-half of the members shall expire at the end of the initial two years and the terms of the remaining members shall expire at the end of the initial four years. The initial terms shall be selected by random drawing. E. Each member of the advisory board shall, pursuant to a policy adopted by and on forms required by the executive committee of the board, disclose conflicts of interest annually. F. In the event of a vacancy on the technology and innovation network advisory board, a new member shall be appointed by the original appointing authority for the remainder of the unexpired term. A member may be removed by the secretary or by a two-thirds' vote of the executive committee members. G. Public members of the technology and innovation network advisory board are entitled to receive per diem and mileage as provided in the Per Diem and Mileage Act [10-8-1 through 10-8-8 NMSA 1978] and shall receive no other compensation, perquisite or allowance. H. The staff for the technology and innovation network advisory board shall be provided by the technology and innovation division of the department, and the staff shall provide: (1) administrative and technical support for the advisory board; (2) assistance with the coordination and documentation of board, executive committee and subcommittee meetings; (3) assistance with reporting requirements and metric tracking; and (4) support with the administration of grants. History: Laws 2025, ch. 133, § 3.
‹ Prev All New Mexico sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.