VF – Who we are
The mission of New Mexico Community Capital is to deliver knowledge and disciplined investment capital to high-potential businesses in emerging or underserved markets in our state.
NMCC has a double-bottom line venture capital fund with close to $15 million of committed capital under management. Managers of double bottom line funds strive to reach two goals: a good internal rate of return for their investors and enduring wealth creation and business development for the communities in which they invest. NMCC’s goal is to generate financial returns on par with, or better than, single-bottom line venture capital funds. We are also equally committed to strong social returns, usually in the form of new decent-paying jobs.
Since establishing its first venture fund in 2005, NMCC has provided venture financing for eleven New Mexico companies representing avionics, cleantech, energy/oil & gas services, health care, information technology and security.
We target high-potential entrepreneurs and companies located in or willing to relocate to New Mexico. We look for companies with the potential to transform their markets, create lasting community value and those capable of growing to an acquisition or exit.
Our investing knowledge and operating experience are as valuable as our capital. Our team works closely with entrepreneurs to pursue growth opportunities, recruit additional management, obtain debt and equity capital, and execute company acquisitions.
Our primary focus moving forward is to identify and invest in high-potential, underserved businesses in the water, energy, healthcare and food/agriculture industries. Why?
- These are markets where our team has deep experience and knowledge
- The futures of these industries are dominated by high/growing demand and scarcity. Large markets, growing demand and scarcity are ingredients for an entrepreneur’s opportunity.
- New Mexico has many competitive advantages for exploring and analyzing water, energy, healthcare and food/agriculture opportunities.
Collectively, our team has founded, served as officers or board members of over 20 companies. Combined, we have a history of successful company leadership and private equity investments that span close to 40 years.
NMCC is the only venture capital fund in New Mexico who has the decision-making experience, relationships and passion to generate great returns by identifying and investing in the solutions to some of humanity’s most pressing needs.