Community College's Enterprise Arm Launches Unique Software Development Firm
Coding Grads Are Integral Part of Business; Community College Has Investment Stake in Firm
ALBUQUERQUE, N.M., June 29, 2017 /PRNewswire/ -- CNM Ingenuity, Inc., the 501(c)3 enterprise arm of Central New Mexico Community College (CNM), has turned a successful software development operation created to provide coding students with real commercial work experience into an independent software development firm, Ingenuity Software Labs (ISL). CNM is the lead investor in ISL, an innovative endeavor for U.S. community colleges.
ISL will leverage Albuquerque as the best value for software development in the U.S. due to its low cost of doing business, abundant tech talent and high-performing coding graduates. The unique public-private partnership will tap into the $50 billion software development outsourcing market for U.S. firms – ISL aims to keep more of that work in the U.S.
Learn more at www.ingenuitysoftwarelabs.com.
CNM Ingenuity, Inc., established by CNM in 2014, was founded to spark more economic development in New Mexico and to create new revenue streams for the college in an era of ever-decreasing state funding. The Deep Dive Coding Bootcamp was the first program launched under CNM Ingenuity. It's an intensive 10-week, 40 hours per week program that teaches students the skills needed to develop software, websites and apps. Deep Dive places over 80 percent of its graduates into coding-related jobs with an average starting salary in the Albuquerque area of $45,000 per year (salaries higher in bigger cities).
As Deep Dive Coding graduated more students, CNM Ingenuity started Ingenuity Software Labs under its umbrella in 2015 to pursue revenue-generating contracts with local organizations to provide students with paid internships while also meeting a high-demand need for coders locally. Prior to becoming independent this week, ISL managed projects for private and public organizations, government entities and non-profits. Projects were led by a senior developer guiding the work of coding grads. Core technologies included full-stack development with Microsoft .Net, MySQL, PHP, Javascript and other modern tools.
Now an independent business, ISL is guided by experienced leadership – CEO and President John Mierzwa, founder of Deep Dive Coding Bootcamp, and COO Lisa J. Adkins, also COO of FatPipe ABQ and the The BioScience Center. They're supported by experienced developers with a pipeline of high-performing coding grads. ISL provides development services, including custom software and mobile app development, web design and development, and strategic consultation. ISL has extensive expertise with Microsoft applications, open source technologies, business process automation software, and business analytics.
"Ingenuity Software Labs already has a great story, but we're just getting started," said Mierzwa. "We have the resources, the vision and the talent to build a great national software development firm that will create more jobs in the U.S. while also benefitting our New Mexico economy, our local community college and our coding students."
Nick Truyol, CEO of Sabio Systems, is also an investor. Advisors for ISL include Stuart Rose, serial entrepreneur and angel investor, and Mark Fidel, co-founder of RiskSense, a leading national cybersecurity firm.
SOURCE Central New Mexico Community College (CNM)
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