Community College's Enterprise Arm Launches Unique Software Development Firm
ALBUQUERQUE, N.M. 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. 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 ...