Marisa Demarco and Margaret Wright — the former editor and managing editor, respectively, of Albuquerque’s Weekly Alibi — have launched a nonprofit news site called New Mexico Compass:

Demarco was laid off in mid-December, and Wright decided to leave the Alibi “within a day of that happening–and literally two weeks later, we launched,” she says. “Part of what’s really exciting about it, and what’s exciting about the breakneck speed of it, is you feel like there’s just a lot of ripe opportunity for people who feel a need for more in-depth, kind of hard-hitting state and regional news to really get involved.”

In addition to covering news and culture, Demarco and Wright also hope to make NMCompass a venue for training and mentoring new and experienced journalists.