Bicycle Technologies International (BTI)
Santa Fe, NM — Preston Martin and Andrew Wright founded BTI in 1993 in Ashland Oregon and moved to Santa Fe in 1996 for a more central location for shipping product from coast to coast. They began as a company that supplied suspension systems to mountain bikes and are now a full service distributor of bike parts and components. They have grown to be one of the largest distributors in North America, with over 20,000 unique bicycle parts, accessories and clothing representing 300 major brands. The company has been rapidly growing and believes that being headquartered in Santa Fe is important because having access to outdoor recreation helps them attract a strong and engaged workforce. BTI received business assistance through capital outlay from the New Mexico Economic Development Department (NMEDD) and a New Mexico Smart Money loan guarantee through the New Mexico Finance Authority as they have grown their business in Santa Fe. In addition, they received assistance from Santa Fe County.