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About

Vida Mejor Capital (VMC) stands at the forefront of innovation and resilience in Espanola, New Mexico, as a Community Development Financial Institution dedicated to empowering small businesses in underrepresented communities. Our mission, inspired by the Zia Pueblo's sacred symbol, focuses on financial support, technical assistance, community engagement, and sustainable development to combat poverty and support economic growth in New Mexico. With a holistic approach to community welfare and a team rich in diverse expertise, VMC is committed to the prosperity and well-being of New Mexico's residents, embodying a quest for 'una vida mejor'—a better life that honors the spirit of the Zia and the essence of New Mexico.

In line with our goals, VMC serves as the State Fund Administrator for the Healthy Food Financing Fund (HFFF) Grant Program, under contract with the New Mexico Economic Development Department (NMEDD). Launched in March 2023, the HFFF program aims to tackle food insecurity by improving access to healthy foods, preserving jobs in the food supply chain, and strengthening the regional food ecosystem as part of the NM Governor’s Food Initiative. This strategic collaboration between VMC and NMEDD supports food and agricultural enterprises, awarding grants that enhance the processing, distribution, and sale of local, fresh, and healthy food in rural and underserved areas of New Mexico. The program supports a wide range of businesses, from early-stage to established ones adopting sustainable practices. With nearly $500,000 awarded to 13 businesses in its pilot phase and an expectation to deploy $950,000 in its second round, the HFFF program is making significant strides in fostering a vibrant, sustainable food economy in New Mexico.

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Mission

At Vida Mejor Capital, our mission is to empower New Mexican[s] [small businesses] through technical assistance and equitable access to capital, with a dedicated focus on advancing food justice, food sovereignty, and addressing issues of energy and digital inequity. We are committed to fostering sustainable development by providing the necessary resources and support to individuals and organizations working towards a more just and inclusive society. Guided by principles of fairness and collaboration, Vida Mejor Capital strives to create lasting positive impacts in the realms of social and environmental justice, ensuring a better quality of life for all.

Our Team.

Our expertise, which covers a gamut of fields from Small Business and Philanthropy to Investment Banking, Finance, Family Counseling, and Nonprofit work, positions VMC as an engine for economic growth and an advocate for the health of the community. Our roots run deep in New Mexico's soil, reflecting a profound commitment to the wellbeing of its people and the prosperity of the state. 

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