The Catalyst Fund is a $20 million fund-of-funds created to increase seed and early-stage investment in New Mexico. As a fund-of-funds the Catalyst Fund will invest in existing and emerging portfolio funds. These portfolio funds in-turn will raise a matching $20 million in private equity making 40$ million available for investment in local startups. The Catalyst Fund is expected to support more than 50 companies in New Mexico and will focus on technology startups.