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FOR IMMEDIATE RELEASE

Date: November 11, 2021

Contact: Danielle Casey, AED, dcasey@abq.org,  602-332-8511

FatPipe Named Excellence in Small Business Champion Award Honoree
Awards Program Recognizes Leadership in Economic Development

Albuquerque, NM –Albuquerque Economic Development, Inc. announced the BioScience Center/FatPipe as the Small Business Champion Award recipient for the third annual 505 Awards, which recognize organizations and individuals that are making exceptional contributions to economic growth and prosperity in the Albuquerque metro area, resulting in improvements to the region’s overall economic strength.

The Small Business Champion Award, sponsored by New Mexico Mutual, recognizes a small business (100 employees or less) that is creating an environment focusing on collaboration, innovation and hard work, consistently demonstrating a commitment to its employees, clients and Albuquerque.

“We congratulate FatPipe and extend our gratitude—on behalf of the Albuquerque community—for their commitment to making a positive impact on our local economy,” said Danielle Casey, AED President & CEO. “We know that the past two years have posed significant challenges, and we honor them for their hard work and excellence in leadership and innovation.”

“The entire team at FatPipe NM and The BioScience Center are very grateful for this recognition. We often operate under the radar and people think we just have space for rent. The truth is our entire team act as Connectors and our founder, Stuart Rose, is always happy to mentor upcoming entrepreneurs,” said Lisa J. Adkins, COO of FatPipe NM.

Honorees were selected from nominations that took place in the summer. Nominations were open from any source, and to be considered, nominees were required to accept their nominations and provide follow-up documentation of their work.

FatPipe, along with the remaining 505 Awards honorees, will be recognized at the inaugural celebration from 6–9pm on December 9 at Hotel Albuquerque. The event, sponsored by True Health New Mexico, will combine AED’s annual business meeting, a year in review presentation, a look ahead to the future, and the 505 Awards celebration.

To attend the 2021 Inaugural Annual Dinner, where honorees will be recognized, or for more information on awards categories, eligibility requirements or judging criteria, visit https://www.abq.org/2021dinner/.

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 About AED

AED is a private, nonprofit organization whose mission is to recruit business and industry, help local companies grow and generate quality job opportunities throughout the Albuquerque metro area. AED provides confidential assistance to businesses considering the area for expansion and new investment. Since its creation in 1960, AED has recruited more than 250 companies and more than 35,000 jobs to the Albuquerque metro area. AED also provides retention and expansion assistance to existing industry. For more information about AED, visit www.abq.org.

About The 505 Awards

The Leadership in Economic Development Awards recognizes individuals and organizations that are making exceptional contributions to economic growth and prosperity.

About FatPipe New Mexio

The philosophy behind FatPipe NM’s premier network of coworking centers is the entrepreneurial collaboration. The best place for that to happen? A location where like-minded people can focus on ideas, not the everyday back-office details of running a business. Each one of our locations come ready-made with furniture, multi-media equipment, IT infrastructure, and a “fat pipe” to the internet. We also offer mentoring opportunities and can help connect your business to investors and potential partners. All at an affordable price, with lower rent available in some cases in return for equity.