The Vineyard Restoration Fund was designed to rebuild the economic and agricultural roots of the New Mexico’s wine industry. The “Vine Fund” is a $1MM grant program that was created by the Legislature in 2022 and New Mexico Wine was awarded the RFP to manage these funds. New Mexico Department of Agriculture and New Mexico State University oversee the program and report monthly to New Mexico Department of Finance Authority.
Application are open.
Applications will be reviewed through October, 2023 for planting season 2023.
There are two parts to the application. (Survey and Funding Application)
+ Copy of a New Mexico Winegrowers license + site inspection
+ Contract with a licensed winery who buys your grapes + site inspection
+ Copy of New Mexico Winegrowers license + site inspection + mandatory workshop
+ Site inspection + sales contract with a winery or proof of application for a New Mexico Winegrowers license + mandatory workshop
+ Site inspection + copy of vineyard/winery business plan + mandatory workshop
The Vine Fund grant program does allow for collaborative and cooperative applications. Projects that do not meet the Eligibility requirements can be submitted to the Review Committee for conditional approval. Ineligible entities include out-of-state applicants, non-commercial growers, and others who do not meet the minimum qualifications.
Up to 10,000 vines per application year at a maximum of $5 per vine totaling $50,000. Via reimbursement only.
Example 1: Grape grower buys 25,000 vines at $4.25 a vine and planted in March of 2022. Grape grower is eligible for reimbursement of $4.25 a vine for 10,000 of the ordered and planted vines, totaling $42,500.
Example 2: New Mexico licensed winery orders 5000 new vines to be planted in 2023 at $6.50 each. Winery is eligible for only $5.00 per vine, totaling $25,000 in reimbursement. Winery will be reimbursed after vines are in the ground.
The planting of grape vines is limited to vinifera, French hybrids and other vines deemed appropriate for the production of wine. Table grape varieties do not qualify for this program. All vines must be supplied from a certified nursery.