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Build Your Land of Enchantment

A statewide student competition to propose the infrastructure New Mexico needs next, backed by a real financial model. Choose a project based on your interests, model the returns, and present to a panel of judges from J2 Ventures, the New Mexico State Investment Council, and more.

First round
2-page brief
Plus
1 model
Advance
Top 5 live
Prize pool
$10K
Sign up first · Interest form

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Registering your interest takes a minute and puts you on the list for deadlines, updates, and the kickoff. No pressure to fully commit right now - just log your interest first!

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Sheet 01 · The Brief

Design an infrastructure project for New Mexico and show it works financially.

Student teams propose a real infrastructure project sited in New Mexico: energy, water, transportation, internet, or any asset communities depend on. The first round is short: you submit a two-page brief written in plain language, plus a financial model that shows the economics and returns.

The competition runs in two rounds. Every submission is screened on the written materials to select the top five finalists, who present live in Albuquerque to a panel drawn from state government, infrastructure investing, and economic development. Finalists build on the seven-page sample deck for the live round.

You don't need to have any prior finance background. You need a credible idea, a clear explanation, and a model you can defend. Every template is provided as a starting point: a fill-in-the-box two-pager, a general model that works for any infrastructure asset, and a full sample deck for reference.

Who can enter

  • Enrolled college & university students in New Mexico
  • Teams of 1–4; solo entries welcome
  • Cross-disciplinary teams encouraged: engineering, business, policy, design
  • One submission per team; one team per student
  • No prior finance or infrastructure experience required
Legend · What Qualifies

Pick a project in any of these categories.

The definition of infrastructure here is broad. If it's a physical or digital asset a community relies on, and it can be financed, it qualifies.

⚡E-01

Energy & Power

Solar, wind, batteries, microgrids, rural electrification, and grid upgrades, including power for communities the grid reaches last.

≈W-02

Water

Drinking water, wastewater, irrigation, reuse, and watershed projects in a state where water is scarce.

⇄T-03

Transportation

Roads, bridges, transit, freight and logistics, and EV charging that connect dispersed communities.

∴C-04

Internet & Connectivity

Broadband and fiber, cell towers, and the equipment that gets rural homes, schools, and businesses online.

▦B-05

Buildings & Facilities

Housing-related infrastructure, warehouses, cold storage for farms, and community or industrial buildings.

△R-06

Climate & Resilience

Wildfire prevention, flood protection, and projects that help NM communities withstand extreme weather.

Elevation Profile · Key Dates

The competition at a glance.

The key dates, from the campus launch to the live final in Albuquerque.

Sep 3
Launch · 5:30pm

Kickoff at UNM

In-person launch with the Lobo Investment Club. J2 presents a live case study and walks the templates.

Nov 7
Round 1 · Due

Written submissions

Submit your two-page brief and financial model. These are the only materials judges see in screening.

Nov 8–21
Round 1 · Review

Judge screening

Judges score every submission against the Round 1 rubric. The five highest advance.

Nov 22
Finalists

Top 5 notified

Finalists are announced and briefed on the live round, format, and what to prepare.

Dec 3
Round 2 · Finals

Live final

Finalists present to the panel of SIC, NM EDD, and J2, and take questions. Winners are announced the same day.

Anchored by the University of New Mexico & the Lobo Investment Club · Live final hosted by Dean Chircu

Sheet 02 · Deliverables

Round 1 is two deliverables.

A two-page brief and a financial model make up the whole first-round submission. Both are quick to start and straightforward to complete.

01
2 pages · Word or PDF

The 2-Page Brief

  1. Project name, type, and your team
  2. The problem: a real NM need, and who it affects
  3. Your solution: what you'd build
  4. Why here, why now: place, timing, local fit
  5. Who it helps: impact, with a number if you can
  6. The numbers, pulled straight from your model
  7. How it makes money, the ask, and your biggest risk
02
Excel · Template or your own

The Financial Model

  1. Pick your project type; units relabel automatically
  2. Fill only the blue input cells; the rest calculates
  3. Capacity, usage, and revenue calculate in sequence
  4. Costs, financing, and the capital stack
  5. Headline returns: IRR, MOIC, payback, DSCR
  6. A built-in what-if sensitivity table
  7. Numbers that reconcile with your brief
Field Kit · Downloads

Everything you need to start.

Working templates, the sample deck, and the scoring sheets and rubrics the judges use. Start from the two-pager and the model, and use the rubrics to check your work before you submit.

Templates · start here
Round 1 · Primary deliverable.docx

2-Page Brief Template

The fill-in-the-box first-round template: eight short boxes plus a pre-submit checklist, written in plain language so any student can complete it.

Round 1.xlsx

Financial Model Template

Pick your project type from a dropdown and the units relabel. You type only the blue cells; revenue, costs, financing, and returns calculate themselves.

Round 2 · Reference.pptx

Example Pitch Deck

A complete seven-page sample deck for a fictional solar-storage microgrid, showing the structure and quality finalists build toward for the live round.

Scorecards · how judges score
Round 1 · Fillable.docx

Round 1 Scorecard

The fillable written-round scorecard judges complete for each team. It scores the brief and model out of 100, with a comments field.

Round 2 · Fillable.docx

Round 2 Scorecard

The fillable live-final scorecard covering deck, delivery, Q&A, and the carried-forward Round 1 score, totaling out of 100.

All files download directly from this page, no sign-in required.
The sample deck and model are illustrative; replace every figure with your own researched assumptions.

Sheet 03 · The Panel

Judged on the brief and the model, then on how you defend them live.

Each criterion is scored 1–5, then weighted to a total out of 100. Round 1 screens the written work; Round 2 adds live delivery and carries the written score forward.

NM

State of New Mexico

A senior official representing the state's economic and fiscal priorities.

J2

J2 Ventures

An infrastructure investor evaluating each project as a real opportunity.

SIC

State Investment Council

A member of the SIC investment team assessing returns and structure.

EDD

Economic Dev. NM

An EDD leader weighing local jobs, dollars, and statewide impact.

The full criteria are in the rubrics.

The 1–5 anchors for every criterion are laid out in two one-page references. Download them to see how the brief, model, deck, and live pitch are scored, and to score yourself before you submit.

Award · The Prize Pool

Real money for the strongest projects.

Awarded to the top three finalists at the live final in Albuquerque, sponsored by J2 Ventures.

First Place
$5,000

The strongest overall project across the written and live rounds.

Second Place
$3,000

The runner-up, with a strong brief, model, and live pitch.

Third Place
$2,000

Third among the five live finalists.

This is a case-study exercise. Projects are proposals, not funded ventures: the prize money above is the only financial award, and entering does not come with any additional financing, investment, or commitment to build. Winning teams take home the prize, not project funding.

Field Notes · FAQ

Frequently asked.

Do I need a finance background to enter?

No. The financial model is built so you describe your project in plain physical terms, such as how big it is, how much it's used, and what it charges, and the returns calculate from there. The two-pager and the model both use plain language, and the sample deck shows what a strong submission looks like.

What exactly do I submit in Round 1?

Two things: the two-page brief and the financial model. That's the entire first-round submission. The seven-page deck is a reference and a quality bar for the live round; finalists build toward it, but it is not required in Round 1.

Does my project have to be real or already built?

It must be a credible, plausible project sited in New Mexico, but it does not need to exist yet. Judges evaluate the quality of the idea, the explanation, and the financial reasoning, not whether you've broken ground.

Can I use my own formats?

Yes. The templates are a starting point and a quality bar, not a hard requirement. The one firm rule is the two-page limit on the brief. Your model must show assumptions, a revenue build, costs, a capital stack, and returns.

How are the top five chosen?

Every submission is scored against the Round 1 rubric on the two-page brief and the model, out of 100. The five teams with the highest average scores across judges advance to the live final.

What happens at the live final?

Finalists present their project to the judging panel in Albuquerque on December 3rd and answer questions. Judges score the live round (the deck plus delivery and Q&A) and carry the Round 1 score forward. Winners are announced the same day.

Can faculty or mentors help?

Light mentorship is fine, but the work must be the team's own. To keep things fair, judges affiliated with competing universities recuse themselves from scoring teams from their own institution.

Site Conditions · New Mexico

A state where infrastructure matters most.

New Mexico covers a lot of ground with relatively few people spread across it, which is a big part of why infrastructure is such a challenge here. Power lines often run for miles to serve a few hundred homes, water is limited across much of the state, and some rural schools still don't have reliable broadband.

Those gaps are also where a well-designed project can do the most good. The places that get connected last tend to benefit the most from new infrastructure, whether that shows up as better reliability, local jobs, or money that stays in the community.

There's also a fair amount happening at the state level right now: clean-energy targets, federal infrastructure funding, and an effort to build more capacity within New Mexico itself. Strong submissions make a clear case for how their project fits into that picture. You can build a credible argument from public information alone, such as census data, utility filings, and state energy and transportation plans.

Strong impact claims name…

  • Households, schools, or clinics served
  • Local construction and permanent jobs created
  • Dollars retained in-county vs. the status quo
  • Alignment with a stated state goal or plan
  • How the model scales to more sites over time
121K
Square miles
5th
Largest US state
2045
Carbon-free target
33
Counties to serve
Ready to Build

Pitch the infrastructure New Mexico needs next.

Download the templates, build your project, then submit through the official entry form. If you have questions about eligibility, format, or the model, reach out and we'll help.

Submit Your Entry → Get the Templates
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