El Paso Electric recently contributed $25,000 to The Hub of Human Innovation, a unique entity created to assist entrepreneurs in establishing their businesses in the region. El Paso Electric will officially present the contribution to The Hub of Human Innovation at its quarterly Board of Directors meeting at 11:30 a.m. on Friday August 24, 2012, 500 W. Overland, Suite 250.
The Hub is a technology incubator, which nurtures the development of small technology-based businesses, helping them survive and grow during the start-up period. The organization also assists technology-based businesses that are expanding, relocating, or simply need direction to move their business forward.
“The services offered by The Hub of Human Innovation are vital to small businesses who want to make their mark in the El Paso region,” said Rocky Miracle, Senior Vice President of Corporate Planning and Development and a member of The Hub’s Board of Directors. “It is there to assist small business during the start-up period for when they are most vulnerable. El Paso Electric recognizes the importance of such programs to the economic development of the region.”
The organization is currently focused on four main areas of development - Clean Energy, Life Science/Biomedical, Defense/Homeland Security, Aerospace, and Advanced Manufacturing. “These areas are vital to the economic development of this region,” said Cathy Swain, the Hub of Human Innovation’s Executive Director. “With the help from businesses like El Paso Electric, we can continue to offer the services needed to assist with the advancement and support of entrepreneurship in our region.”