The NMSBIC was created by the Legislature in 2000 to support small businesses throughout the state by providing equity or debt capital to finance expansion, to help create and retain jobs, and to enhance the economic livelihood of New Mexico communities by investing in local companies.
Type of Businesses Served:
- Any qualifying business through partner organizations
Stage of Businesses Served:
- Variety of stages
Funding Style:
Loans are provided through:
- Accion
- The Loan Fund
- WESST
- New Mexico Mortgage Finance Authority
- Rio Vista Growth Capital
Equity capital investments are provided by:
- Flywheel Ventures
- New Mexico Community Capital
- New Mexico Mezzanine Capital
- Verge Fund
Read more about the New Mexico Small Business Investment Corporation:
- NMSBIC Plans to Expand Lending Program in 2013
- State’s Investment Funds Help Baker Continue Mexican Traditions
- Access to Capital Unites State’s Entrepreneurs
- State Funds Give Businesses Access to Capital
- Small-Business Lending Bears Fruit Throughout New Mexico
- Economic Development Mandates Drive State’s Nonprofit Lenders
- NMSBIC Sets Sights on Young Entrepreneurs