‘Hive505’ Created to Harness Los Alamos Brainpower

Hive505 News:

What was Thomas Edison’s most useful invention? It wasn’t the light bulb. It wasn’t the gramophone or even the motion picture. 

Los Alamos businessman Keith Barras suggests that the most useful invention was the laboratory itself. Edison’s workspace (complete with physics, chemistry and metallurgy labs, a machine shop, library and ample space to conduct experiments) made it possible to come up with innovative ideas, and also develop them into marketable products.

In the spirit of Edison, a small group has been developing a new business model for harnessing the creative and scientific brainpower present in Los Alamos and to facilitate the creation of viable, thriving businesses. The new organization is called Hive505.

Hive505 is a registered not-for profit corporation whose primary goal is to create and retain businesses in Los Alamos. 

Hive505 board members included Andy Andrews (President), Bob Nolen (Secretary/Treasurer), Jung Hong (Vice President), Keith Barras and Bill Sellers. Adam Barras is responsible for business operations.

Hive505 will create a community where people can form mutually beneficial business relationships, facilitate tech transfer startups, help business owners develop and price their ideas and provide angels and venture capitalists with the opportunity to connect with entrepreneurs who have marketable products.

This exciting new concept for Hive505 will be presented at the next meeting of the Los Alamos Entrepreneurs’ Network at 6:30 p.m. Thursday night, at The Hive, 134 N.M. 4 in White Rock. 

Anyone who wants to find out more about Hive505 is invited to attend the meeting. For more information, call 505-468-5997.

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