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3-9-07_Press_Release :

New Mexico Community Capital Names 2007 Officers, New Member

Bernalillo, NM - March 9, 2007 -  New Mexico Community Capital, the state's sole  community development investment organization, today announced the officers of its 2007 board of directors. Owen Lopez,
Executive Director of McCune Charitable Foundation (Santa Fe), was elected Chairman. Joining him as new officers are Jacqueline Baca, Secretary, and Richard Harding, Treasurer. Ms. Baca is President and CEO of Bueno Foods in Albuquerque. Mr. Harding is Managing Partner of International Venture Fund (Santa Fe).

Andrew Baca, President and CEO of Abba Technologies in Albuquerque, was elected as a member of NMCC’s Board. Mr. Baca has over 22 years of varied technical, sales and  executive experience including many years in management with IBM. He was named Male Minority Entrepreneur of the Year in 2006 by the Minority Business Development Agency (MBDA) division of the U.S. Department of Commerce. He is the chair of the New MexicoSmall Business Investment Corporation (NMSBIC) and serves on the board of directors of the Albuquerque Hispano Chamber of Commerce. Mr. Baca has been with Abba since 1997. Under his direction Abba has grown and received numerous awards and distinctions.

“We are honored to have a person with Andrew’s depth and range of experience on our board,” said NMCC CEO, Jarratt Applewhite. “We are privileged to have such high caliberleaders. The quality of the people who govern us is one of the main reasons for our success. They are a tremendous asset and a valuable personal resource for me.”

New Mexico Community Capital: Strengthening Communities, One Business at a Time

Mission

To improve the lives of New Mexicans, especially those in rural and economically underserved areas, by investing in small businesses, helping those communities prosperand contribute to their communties.

Structure

New Mexico Community Capital (NMCC) delivers on its charitable mission through two operating arms: NMCC IMPACT-New Mexico Business Services and NMCC Investment Fund.