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City of Grand Rapids invests $100,000 in New Community Transformation Fund

Author: Carol Zichi
Posted Date: December 13, 2023

The City’s investment in the NCTF is an important step for increasing economic prosperity for entrepreneurs of color aligned with the City’s Strategic Plan and Equitable Economic Development and Mobility Strategic Plan.

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Recent investments lift fundraising prospects for New Community Transformation Fund

Author: Carol Zichi
Posted Date: October 31, 2023

Credit Mark Sanchez - Crain Grand Rapids Business - October 2023 A series of recent investments totaling $1.1 million provides fundraising momentum for the New Community Transformation Fund, which invests in businesses owned by people of color.

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Steelcase Foundation invests $500,000 in New Community Transformation Fund

Author: Carol Zichi
Posted Date: October 6, 2023

New Community Transformation Fund received a $500,000 investment from the Steelcase Foundation

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ITC Holdings Corp. invests $500,000 in New Community Transformation Fund

Author: Carol Zichi
Posted Date: September 26, 2023

ITC Holdings Corp. joins New Community Transformation Fund by investing $500,000.

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Frey Foundation has invested $500,000 in the New Community Transformation Fund

Author: Carol Zichi
Posted Date: March 2, 2023

The investment lifts the New Community Transformation Fund to $10.75 million raised since forming in 2020.

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