Every business needs funding to grow. That could mean working to open new markets, investing in the development of products or services, or financing the development of buildings, new equipment or other infrastructure. Below you can find a variety of financing options to help your business achieve new levels of success.
Microlenders are lenders that traditionally make loans from $300 – $200,000. These lenders assist businesses that have trouble accessing capital. Micro-Lenders also provide entrepreneurs with technical assistance so that other sources of financing can be easier to access. The following micro-lenders are in the Santa Fe area.
The Loan Fund
http://www.loanfund.org, 423 Iron Ave SW, Albuquerque, NM 87102, 505.243.3196, firstname.lastname@example.org
The Loan Fund provides loans, business training, and consulting to entrepreneurs and small businesses that have difficulty securing traditional commercial credit. Loans can range from $5,000 – $750,000 and can be used for operating capital, equipment, building purchase or renovation, land acquisition, and inventory. Interest rates are from 8-10%. The length of the loan process varies based on when your loan officer receives the appropriate documentation. Typically, it takes three to four weeks to close the loan once all information is received. The Loan Fund provides complimentary technical assistance to entrepreneurs or businesses receiving a loan.
Loan Criteria – Owners of established businesses and individuals who want to start their own business qualify if they have a reasonable credit history, can demonstrate ability to repay the loan and can offer acceptable collateral.
https://www.dreamspring.org/, 2000 Zearing Ave NW, Albuquerque, NM 87104, 1.800.508.7624, email@example.com
DreamSpring (formerly Accion serving Arizona, Colorado, Nevada, New Mexico and Texas) is an award-winning, 25-year-old nonprofit organization that increases access to credit, makes loans and provides a community of support to help entrepreneurs realize their dreams. DreamSpring serves Arizona, Colorado, Nevada, New Mexico and Texas with business loans ranging from $1,000 to $2,000,000. Applications can be completed online, by phone, or in person. They offer several types of loans depending on your business’ needs, with varying interest rates, loan amounts and APRs.
Loan Criteria – Must be over the age of 18, have a SSN or ITIN, want to start or grow a business, must be located in one of the states they serve: Arizona, Colorado, Georgia, Nevada, New Mexico, North Carolina, Texas. They consider lending to businesses with any structure in a wide variety of industries. Acceptable uses of loan include any business-related expense that helps you start or grow a business including, but not limited to, inventory, equipment purchases, vehicle purchases, payroll and material costs, marketing, buying the assets of an existing business, refinancing debt, and hiring expenses. DreamSpring prohibits loan funds from being used to pay past due bills, tax bills, or personal expenses.
Revolving Loan Fund
http://www.ncnmedd.com, 3900 Paseo Del Sol, Suite 531, Santa Fe, NM 87507, 505.395.2676
The Revolving Loan program is administered by the North Central New Mexico Economic Development District (NCNMEDD). The NCNMEDD Revolving Loan Fund partners with Northern New Mexico banks to provide participation loans that fill financial gaps for legal businesses located in the counties of Colfax, Los Alamos, Mora, Rio Arriba, San Miguel, Santa Fe, and Taos. Additionally, the municipal, land grant, and tribal jurisdictions within the aforementioned seven counties are also eligible.
Loan Criteria – Prospective borrowers apply to the Fund with a letter of introduction and loan application from a senior lending institution requesting a participation loan to fill a project financing gap. The RLF Loan Administration Board meets monthly. Once an application is received, it usually takes two months to approve a loan request. Borrower must create one full time job for each $25K borrowed. Preferred participation loan amount from the Fund is $15,000 to $100,000. Information about use of loan funds and ability to repay must be detailed. The minimum interest rate is four (4) percentage points below the lesser of the money center prime interest rate quoted in the Wall Street Journal. Preferably NCNMEDD will share in the collateral, negotiated by the senior lender on a prorated basis. Participation loan term will correspond with the senior loan term. The term generally falls in the range of between three (3) and ten (10) years, depending on the type of loan requested. Eligible Fund uses include working capital, inventory, equipment, land purchase and building purchase.
WESST Loan Fund Program
http://www.wesst.org, Santa Fe Business Incubator, 3900 Paseo del Sol, Suite 351, Santa Fe, NM 87507, 505.474.6556
A non-profit organization headquartered in Albuquerque, dedicated to facilitating the start-up and growth of women and minority-owned businesses in New Mexico through training and microlending programs. It operates a revolving loan fund for businesses unable to obtain financing from traditional loan sources. WESST’s loan program focuses on providing business consulting, training, technical assistance and other support services to loan recipients, in order to maximize their chances of success. WESST Corp provides one-on-one business services and workshops to entrepreneurs and businesses owners. WESST’s loan platform includes three programs: The WESST Loan Fund Program, the Technology Toolkit Loan Program and the Small Loan Program.
Loan Criteria – Loans range from $200 to $10,000 for start-up businesses (in operation less than one year) and from $200 to $50,000 for existing businesses (in operation for more than one year). Proceeds must be utilized for business development and/or expansion, to purchase inventory, materials, supplies, equipment, tools, furniture and/or fixtures, remodeling expenses, or for specifically identified working capital including: rent, utility deposits, advertising, insurance, licensing, bonding, legal and accounting fees. Loan proceeds may not be used to refinance existing debt, or to pay personal or business taxes. Recipients must work with a WESST consultant throughout the duration of the loan. A viable business plan and capacity for repayment must be demonstrated. All loan requests must include a one-year cash flow projection. To be eligible for a WESST loan, an applicant must be a resident of New Mexico, obtain a credit report through WESST, and pledge collateral valued at or above the amount of the loan. Other requirements and exclusions apply.
Contact: Bette Bradbury, Regional Manager, 505.474.6556
New Mexico Lift Fund
https://newmexico.liftfund.com/, 2007 W. Martin Street, San Antonio, TX 78207, USA, 1.888.215.2373, firstname.lastname@example.org
The New Mexico Lift Fund is a non-profit organization that helps minorities and women business owners with limited access to capital have a chance to live their dreams. They provide small business loans for startups and established businesses throughout New Mexico. Along with small business loans, they also provide educational services at no cost to borrowers. Typically, they help small businesses and microenterprises that banks cannot lend to because the borrowers are considered to be too risky, or do not have sufficient business experience. Sometimes, it’s simply that the loan amount is too small for the bank to consider. They offer small business loans from $500 to $1 million.
Loan Criteria – They provide loans for startups, purchasing a business, real estate, vehicles, supply and inventory, equipment, lease improvements, restaurants and operation & working capital. The borrower must be over 21 years of age. They don’t provide business loans for adult entertainment. The average credit score of borrowers they work with is 575, much lower than a bank will consider. The primary criteria they look at is financial ability to replay, personal character, commitment and motivation to improve your business and your credit, a good payment history with your other creditors, collateral, and alternative source of income for startups. They’re unable to provide a loan if you have filed for chapter 7 bankruptcy in the past two years or chapter 12 bankruptcy in the past year. A business plan is required (the LiftFund will work with you to develop it). Review and processing of a complete loan application takes an average of three weeks (available online).
Rural Community Assistance Corporation (RCAC) Small Business Loan Program
https://www.rcac.org/lending/small-business-loans/, 3120 Freeboard Drive, Suite 201 – 2nd Floor West Sacramento, CA 95691, 916.447.2854, email@example.com
RCAC’s Small Business Loan Program assists businesses to retain or create jobs and thus improve the economic condition of rural communities. The business must be located in a rural community defined as 50,000 or less population. This program offers short-term loans for working capital and lines of credit as well as long-term loans for real estate and equipment. RCAC’s business loans are tailored to the needs of the particular business with flexible terms and requirements.
Loan Criteria – The following documentation are required as part of the loan application: loan application form, current balance sheet for business principals with 20% or more ownership interest, year-to-date profit and loss statement, most recent three full operating years balance sheet, profit and loss and tax returns, business plan for businesses less than two years old, personal history/resume, board of directors list, articles of incorporation and bylaws or certificate of formation and operating agreement, copy of fictitious business name certificate or copy of DBA name filing as appropriate per state (if applicable) and applicable business license(s).
Contact: Juanita Hallstrom, Loan Fund Director, 916.447.9832 ext. 1065, firstname.lastname@example.org
Financial Literacy for Immigrants & Refugees by Immigrants
Finances are central to much of American society. Your income you make, the taxes you pay to the government, and even the money you spend at your local grocer, creates a financial web that connects each of us with one another in the United States. Everything costs money. Understanding how to manage your money and how you spend can greatly impact your life. Financial literacy doesn’t mean that you must be an expert on all things financial; it just means that you understand your income and how you spend your money. There is no magic wand to financial wellness, but there are some basic tools and recommendations every person can explore to improve their relationship with money. Download Financial Literacy Guide here.
Contact: email@example.com, The Center for Financial Capability is housed as a program in the University of New Mexico's Dean of Students Office.
Government guarantee programs primarily consist of federal and state financing programs designed to provide capital for businesses. These programs are meant to stimulate the economy and assist businesses with access to capital. These loans are much larger than micro-loans and are targeted for capital development needs.
Small Business Administration (SBA)
https://www.sba.gov/nm, 500 Gold Ave. Southwest, suite 11301, Albuquerque, NM 87102, 505.248.8225
The SBA is an independent federal agency created to aid small businesses. The SBA provides a number of loan programs and guarantees that make it easier for lenders to loan to small businesses (listed below). Click here to access the SBA New Mexico Edition 2019-2020 Resource Guide (loan information on page 29).
Contact: John M. Garcia, SBA District Director, 505.248.8238, firstname.lastname@example.org
This loan is geared towards those who are unable to get conventional financing but meet the eligibility requirements. The loan can be used to buy real estate, equipment, or inventory for your small business. It may also be used for working capital, to refinance business debt, or purchase a small business. The maximum loan amount is $5 million, with a generally prime interest rate plus a reasonable rate capped at 2.75%. The loan term varies according to the purpose of the loan, generally up to 25 years for real estate, 10 years for other fixed assets, and working capital. The guarantee is 50 to 90%.
SBA Express Loan:
Featuring a simplified process, these loans are delivered by experienced lenders who are authorized to make the credit decision for the SBA. These can be term loans or revolving lines of credit. The maximum loan amount is $350,000, with a prime interest rate for loans less than $50,000 plus 6.5% or a prime interest rate for loans of $50,000 and greater plus 4.75%. The loan term varies according to the purpose of the loan, generally up to 25 years for real estate and 10 years for other fixed assets and working capital. The guarantee is 50%.
Community Advantage Program:
Financing for women, veterans, low-income borrowers, and minority entrepreneurs just starting up or in business for a few years. Receive free business counseling as you work with a community-based financial institution. This loan uses a prime interest rate plus 6%. The loan terms are up to 25 years for real estate and 10 years for equipment and working capital. The guarantee is 75% to 90%.
Eligible businesses can start up and grow with working capital or funds for supplies, equipment, furniture, and fixtures. Borrow from $500 to $50,000 and access free business counseling from microlenders. Loans less than $10,000 have an interest rate of the lender cost plus 8.5%, while loans $10,000 and greater have an interest rate of the lender cost plus 7.75%. The terms are lender negotiated, with no early payoff penalty.
SBA 504 Certified Development Company Loan Program:
For those who do not qualify for traditional financing but would like to purchase/renovate real estate or buy heavy equipment for their business. This loan program provides competitive fixed-rate mortgage financing through a lender and a Certified Development Company. The maximum loan amount (up to 40% of the total project) is up to $5 million or $5.5 million for manufacturing or energy public policy projects. The interest rates are below market fixed rates for 10, 20 or 25 year terms. Terms are 20 or 25 years for real estate or long-term equipment and 10 years for general machinery and equipment. The lender provides a senior loan for 50 percent of the project cost (with no SBA guarantee); the CDC finances up to 40 percent in a junior lien position (supported by the SBA guarantee). A minimum borrower contribution, or down payment, is required; amounts vary by project but are usually 10%.
SBA Export Working Capital Program:
The Export Working Capital (EWCP) loan provides advances for up to $5 million to fund export transactions from purchase order to collections. This loan has a low guarantee fee and quick processing time. Contact your local lender to see if they are approved to underwrite EWCP loans. The loan can be used as financing for suppliers, for inventory, WIP, production of export goods or services, Working capital to support foreign accounts receivable during long payment cycles and financing for stand-by letters of credit used as bid or performance bonds or as down payment guarantees.
Enchantment Land Certified Development Company (ELCDC)
http://www.elcdc.com, 6500 Jefferson St NE STE 200, Albuquerque, NM 87109, 505.843.9232
ELCDC is a non-profit organization offering competitive long-term loans with low down payments to finance assets such as buildings, land and machinery. ELCDC assists entrepreneurs and business owners with packaging and processing of SBA-504 loans.
Loan Criteria – In the 504 loan structure, the small business concern (applicant) puts up a minimum of 10% of the total funds for a project. Single purpose type facilities could require up to an additional 5% down, and new/start-up businesses another 5%. ELCDC provides up to 40% or $5,000,000 in certain circumstances. The ELCDC/SBA portion of the loan is at a fixed rate for a term of 10 or 20 years. The bank portion of the loan is at market rates and terms, negotiated between the small business and the bank. The ELCDC/SBA portion of the financing is actually funded by the sale of a 100% federally guaranteed debenture on the open market. The SBA 504 program is a take out financing program. ELCDC/SBA offer an up-front commitment to finance a project. The participating private lender provides interim financing, advancing up to 90% of the total project funds during the construction/acquisition period. Typical candidates for 504 loans are businesses that are for-profit, healthy and have a track record of growth. The company must be a small business with a tangible net worth of less than $15 million, and an average annual net income after taxes of less than $5 million. New jobs must be created (or in some instances, job retention will suffice) as a result of the new fixed assets being financed. SBA 504 loans carry a fixed rate of interest, which is determined at the time the debentures are sold. Terms vary depending on the use of the loan. SBA 504 loans are typically secured by a lien on fixed assets acquired with loan proceeds to reasonably assure loan repayment.
Contact: Justin Hyde, Executive Director, 505.843.9232 ext. 103, email@example.com
Smart Money Loan Participation Program
https://www.nmfa.net/financing/loan-participation-programs/smart-money/, New Mexico Finance Authority, 207 Shelby St, Santa Fe, NM 87501, 505.984.1454
Smart Money is a New Mexico loan participation program administered by The New Mexico Finance Authority. NMFA provides bank participation loans, direct loans and loan guarantees to New Mexico businesses. The Smart Money loan program is designed to lower the cost for the borrower and share the risk with the bank. The borrower receives a fixed interest rate typically three to four percent below the bank’s rate on the NMFA portion of the loan.
Loan Criteria – Business owners or entrepreneurs can utilize Smart Money for the following types of business loans: land, buildings, equipment, infrastructure and working capital. The Smart Money share of the loan will not exceed $2 million and no more than 49% of the total loan amount. Terms and interest are negotiated between the borrower and the bank. For every $50,000 borrowed, at least 1 job must be created.
Contact: John Brooks, Director of Commercial Lending, 505.992.9638, firstname.lastname@example.org
Capital Certified Development Corporation (Capital CDC)
https://www.capitalcdc.com/, 1250 S. Capital of Texas Highway, Building 1, Suite 600, Austin, Texas 78746, 512.327.9229, email@example.com
Capital CDC is a leading, private, non-profit provider of small business financing throughout Texas and New Mexico. In 1993, the U.S. Small Business Administration (SBA) certified Capital CDC to act as a facilitator of the SBA’s 504 Loan Program and to act as a catalyst for economic development. Since that time, Capital CDC has worked with hundreds of small businesses and partnered with multiple financial institutions to assist with financing of building acquisitions, construction projects, and machinery and equipment loans. Working with qualified lenders, Capital CDC provides up to 90% financing for commercial property purchases and new construction and, usually, does not require additional collateral. Other loan programs include The Community Advantage Loan Program (underserved markets) and The VetLoan Advantage Program (veterans).
Loan Criteria – Qualifying businesses include most for-profit, owner-occupied small businesses in the U.S. with a net worth less than $15 million, a net profit after tax (2 year average) of no more than $5 million (including affiliates) and manufacturers with 500 of less employees (including affiliates). The funds are eligible to be used for purchase of land, acquisition of existing building, new construction, fixed assets from business acquisition, building expansion/renovation, purchase of long-term equipment, professional fees and debt refinancing. Ineligible use of funds includes working capital, inventory, goodwill assets from business acquisition, franchise fees and tenant improvements. Fixed-interest rate based on treasury rates; fully-amortized over the life of the loan; real estate, machinery & equipment may be 10, 20 or 25-year term. One job should be created for every $65,000 of the debenture.
NM Contact: Lorena Chavez, Sr. Business Development Officer, 505.250.0572, firstname.lastname@example.org
NM Collateral Assistance Program (CAP)
In order to support business growth in New Mexico and to create and retain jobs, NMEDD encourages banks and other financial institutions to make loans to small businesses in “under-served” markets. NMEDD can pledge cash to cover a collateral shortfall of a loan in order to enable financing that otherwise might not be available to a small business. The program is administered through the NMEDD’s Finance Development Team.
Loan Criteria – The business purpose must be one of the industries listed in the North American Industry Classification Systems (NAICS) codes list, be considered a “small business” under the U.S. Small Business Administration, employ 750 employees or fewer full-time equivalents and it should be located in New Mexico. The loan can used towards any tangible or intangible asset purchase, including; construction, renovation or improvements of an eligible place of business, start-up costs, working capital, franchise fees, equipment, inventory, and bridge loans needed prior to the borrower obtaining permanent financing or support.
Santa Fe’s banking industry ranges from community banks with long-established histories of serving Santa Fe businesses to national banks whose operations in Santa Fe offer significant funding capability to local businesses. Santa Fe’s community banks offer sophisticated financing combined with community-based decision-making.
(505) 995.1200, 100 S Federal Pl.
First National Bank-Santa Fe
505.992.2280, 62 Lincoln Ave.
Enterprise Bank & Trust
505.662.5171, 301 Griffin St.
New Mexico Bank & Trust
505.946.2500, 1592 St. Michael's Drive
Bank of America
505.955.9500, 101 Paseo De Peralta
Wells Fargo Bank
505.984.0500, 241 Washington Ave.
505.428.2444, 3787 Cerrillos Rd.
Washington Federal Bank
505.946.6555, 208 Washington Ave.
Equity Financing is investment financing from two traditional sources: Venture Capital Investors and Angel Investors. Because equity capital is usually more risky, equity investors often require an ownership share of the business and the ability to exert influence on the business and its investments. Good equity partners bring experience, contacts and energy to an enterprise. They should also be able to help entrepreneurs think through strategic decisions.
New Mexico Angels
http://www.nmangels.com, 1451 Innovation Parkway SE, Suite 600, Albuquerque, NM 87123, 505.843.1347, email@example.com
Outstanding financial returns by investing in early-stage companies and accelerating them to market leadership. They work with the venture capital community and other angel groups in the Southwest.
Criteria – The NM Angels prefer businesses seeking investment between $100k-$500k, with a pre-money of less than $3m; a compelling and achievable strategy for capturing a significant market share; barriers to entry such as patents, trade secrets, copyrights or other proprietary advantages; a market opportunity sufficiently large (several hundred million) to create a business with revenues of at least $50 MM after five years; a desire for advice and coaching; a company valuation, pre-money, which will produce the opportunity for a minimum of a 10X return for the angel investors; and multiple exit strategies for the angel investors. The potential use of investment funds can include completing the prototype or technology, and further patents/other IP; product launch; developing additional products; completing strategic corporate partnerships; expanding or improving the management team; other uses of funds to add to the value of the company; and preparing for the next round of funding at a multiple of the prior funding round. Their investment preferences are companies that present a compelling investment proposition, where there is a viable exit strategy in less than seven years. They are both technology and location agnostic.
Contact: John Chavez, President, firstname.lastname@example.org
https://www.flywheelventures.com/, 341 East Alameda Street, Santa Fe, NM 87501, 505.225.1618, email@example.com
Flywheel Ventures focuses on seed-stage and early-stage companies with solutions that address key global challenges in digital services, infrastructure technology, energy technology, and water technology. Flywheel works with each entrepreneur to grow their company in a capital-efficient manner by focusing on a “beachhead” market, leveraging the firm’s formal Global Advisor network and informal network of worldwide experts. The Fund targets initial investments of $50K-$1M in new and emerging innovations and entrepreneurs arising out of top R&D organizations including, research universities, think tanks, corporate spin-outs and national laboratories. Flywheel’s strategy is focused on matching managerial talent with innovative technologies and attractive market opportunities, and then supporting these ventures with the hands-on, operational assistance of the Flywheel team.
Criteria – Product/services that re-segment existing markets or leverage disruptive technologies; opportunity to address key global challenges in information technology and urban systems; business models that offer a capital efficient path to profitability and/or shareholder liquidity; and ventures in which Flywheel team’s expertise, experience and relationships can add concrete and significant value.
Contact: Paula L. Marez, General Manager, firstname.lastname@example.org
New Mexico State Investment Council – Direct Equity Investments
The State Investment Council may make equity and /or debt investments directly in New Mexico businesses. The mechanism the SIC currently uses for direct investments is The New Mexico Co-Investment Partnership, a New Mexico private equity fund managed by Sun Mountain Capital. Sun Mountain is the fund’s general partner, while also acting as the SIC’s advisor for New Mexico private equity fund investments. The SIC’s direct investments in New Mexico companies may represent no more than 51% of the investment capital in a business and must be made in conjunction with one or more qualified co-investors.
Criteria – Any investment in a New Mexico business may not represent more than 51% of the investment capital and must be made in conjunction with one or more qualified co-investors. Investments in qualified businesses range from $1 million to $20 million.
Contact: Direct Equity Investments, Sun Mountain Capital, 505.954.5474, email@example.com
Sun Mountain Capital & New Mexico Catalyst Fund
https://sunmountaincapital.com/, 527 Don Gaspar Ave, Santa Fe, NM 87505, 505.780.4218, firstname.lastname@example.org
Sun Mountain Capital is a diversified private equity firm with investment strategies in both direct investment and fund-of-funds programs spanning venture capital, private credit, and growth equity. Post investment, Sun Mountain Capital provides value-adding investment management through the board of director positions in portfolio companies and membership on Limited Partner Advisory Committees. The New Mexico Catalyst Fund, managed by Sun Mountain Capital, is a $20 million fund-of-funds investment vehicle. The Catalyst Fund will invest in existing and emerging Portfolio Funds located across the State of New Mexico with a focus on providing capital to start-up companies at the seed and early stages of development. Commitments to Portfolio Funds will be made over an investment period of 3 years from the final close of the Catalyst Fund. Sun Mountain expects to make approximately 8-10 investments in Portfolio Funds, averaging $1.5-$2.0 million per investment. These Portfolio Fund investments will require a private capital match of at least 50% of the total Portfolio Fund size. The Fund will not have a sector focus. However, it will be geographically focused across New Mexico.
Criteria – Seed and early-stage start-ups focused on technology and high-impact potential for the NM ecosystem.
Aspen Vista Capital
Aspen Vista Capital is an early-stage venture capital firm engaged in technology investments in the Southwest United States. It focuses on startups in software as a service (SaaS) and materials sciences within six months of full commercialization.
Tramway Venture Partners
Tramway Venture Partners is a seed & early stage-focused venture capital firm. Investments focus on Tech and Life Sciences companies specializing in MedTech, HealthTech, and Biotech. A notable investment is Armonica Technologies.
Bluestone Venture Partners
BlueStone Venture Partners is a best-in-class life sciences venture capital fund capitalizing on the strength, creativity, and innovation found in entrepreneurial companies in the southwestern United States.
Contact: Mara Aspinall, Managing Director, 520.848.7444, email@example.com
https://www.abqid.com/, 1st Plaza Galeria, 200 3rd Street NW, Suite 212, Albuquerque, NM 87102, firstname.lastname@example.org
ABQid is an accelerator program that merged with CNM Ingenuity to continue programming through the CNM network. ABQid also operates an early-stage VC fund with money from the State’s Catalyst fund.
Arrowhead Innovation Fund
Arrowhead Innovation Fund is a venture capital fund focused on seed and early-stage investments to commercialize promising technologies developed and/or licensed by New Mexico start-up companies
https://www.nmaventures.com/, 1451 Innovation Parkway SE, Suite 600, Albuquerque, NM 87123
NMA Ventures is an early-stage VC fund with investment interest in all technology sectors, with the exception of biotechnology and pharmaceutical development. Preference is given to companies with a portfolio of intellectual property (or developing portfolio).
http://www.epicvc.com/, 15 W South Temple #500, Salt Lake City, UT 84101, 801.524.8939, email@example.com
Epic Ventures is focused primarily on Series A financings but have partnered with strong founders as early as pre-idea seed rounds and as late as $100MM growth equity rounds. Located in Utah with a presence in New Mexico.
https://www.vergefund.com/, 317 Commercial St. NE, Albuquerque, NM 87102, 505.247.1038, firstname.lastname@example.org
An albuquerque-based investment firm with a focus on science and technology startups.
Cottonwood Technology Fund
https://www.cottonwood.vc/, 422 Old Santa Fe Trail, Santa Fe, NM 87501, 505.412.8537, email@example.com
Cottonwood Technology Fund is a top-decile performing early-stage venture capital fund providing disruptive capital to disruptive technology businesses. Cottonwood’s investment approach and focus are on hard science, pre-seed, seed, and early-stage funding (Series A). Typically Cottonwood invests between 1M and 3M from the start (mostly pre-revenue / pre-customer) as a lead investor from the start to the end.