About the NEw Mexico Impact Investing Collaborative (NMIIC)

NMIIC is a member-driven collaborative designed to catalyze and scale impact investing throughout the state of New Mexico. The mission of the collaborative is to create healthy, equitable, sustainable and economically vibrant communities within New Mexico by facilitating and increasing the supply and effective deployment of impact investing capital within the state.

NMIIC’s members collaborate to source, diligence, structure, monitor and report on impact investment opportunities in non-profits, mission-driven businesses and intermediaries for the benefit of New Mexican communities.

NMIIC members also collaborate to share learning, build the field and find ways to integrate capital, combining grantmaking, impact investing and public resources to drive catalytic impact throughout the state.

NMIIC members retain their own decision-making autonomy while leveraging NMIIC’s shared resources and community of like-minded investors and funders. Please scroll down to the bottom of the page for a list of active NMIIC members.

OUR PRIORITIES

Housing and Built Environment: Ensure New Mexico residents have access to communities with resources and services that have a positive impact on people’s physical, mental and social health. This includes access to safe, healthy, and affordable housing, both ownership and rental, transportation and minimization of neighborhood violence and crime.

Sustainable Agriculture & Land Management: Develop and implement holistic land management and sustainable agricultural practices that build system resilience against climate change and guarantee long-term access to sustainable energy, fiber, building resources, water, and quality healthy food that prioritizes local sourcing.

Economic Mobility: Advance an equitable & economically vibrant New Mexico that creates upward economic mobility and prosperity for both individuals and communities by creating quality jobs, opportunities for career growth and advocating entrepreneurship.

Health: Strengthen the social determinants of health across New Mexico to create the conditions in the places where people live, learn, work and play that lead to better health outcomes.

Education: Increase access to and a wide variety of quality, affordable education across the life course from early childhood through postsecondary.

The New Mexico Impact Investing Collaborative is supported by the following founding and new members.

View our partners here.

Avivar Capital serves as NMIIC’s investment advisor. Learn more about Avivar Capital here.

Lifting New Mexico Communities

NMIIC launched in 2016 as a Pilot Project funder collaboration dedicated to catalyzing and scaling impact investing in New Mexico following a series of funder surveys and roundtable discussions. During the 18-month Pilot Project Phase (2016 Oct – 2018 March) supported by a dozen local, regional and national funders, over $6 million was invested in 11 organizations by NMIIC partners with direct screening and due diligence support. $2.2 million was deployed directly by NMIIC members, with an additional $4.1M facilitated by NMIIC activities. The collaborative completed an evaluation of the pilot phase and launched the second phase of the place-based impact investing collaboration in May 2019 to further explore impact investing collaboration strategies in support of its mission - creating healthy, equitable, sustainable and economically vibrant communities within New Mexico. NMIIC’s place-based impact investing collaboration model was featured in Urban Institute report and practitioner brief.

Since inception, NMIIC members have deployed $16 million into thirteen projects and funds across the state with NMIIC support.