Who Is VAF?

  • We support job growth in NNM

  • We provide unique financial support

  • We focus on tech/manufacturing

  • We focus on early-stage and growth-oriented companies

The VAF is the only non-dilutive local source of seed financing for very early stage technology startups in northern New Mexico.

The funding fills a unique niche in that it supports technology-based and manufacturing companies that lack collateral for debt financing and are not ready for Angel or Venture Capital funding. The call for VAF applications goes out once a year, typically in February, and the application submittal deadline is in March.


VAF applicants and awardees receive assistance from a variety of business expansion, retention and market intelligence programs from New Mexico Small Business Assistance Program (NMSBA), Los Alamos National Laboratory (LANL) and the Regional Development Corporation (RDC).