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GRAND RAPIDS

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New Community Transformation Fund and Michigan Capital Network Announce Affiliation Agreement

Author: Carol Zichi
Posted Date: December 10, 2024

Grand Rapids, Mich. (Dec. 9, 2024) – New Community Transformation Fund (NCTF) and Michigan Capital Network (MCN), two Grand Rapids based venture capital investment organizations, today announced a new affiliation

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New Community Transformation Fund announces latest investments

Author: Carol Zichi
Posted Date: November 22, 2024

(GRAND RAPIDS, MI) – New Community Transformation Fund (NCTF), a Grand Rapids-based venture fund aimed at boosting businesses owned by people of color in West Michigan, announces it has made recent investments in three companies.

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Grand Rapids minority-focused venture capital fund searches for new managing director

Author: Carol Zichi
Posted Date: July 26, 2024

Media Contact; Republished from Crain's Grand Rapids; Mark Sanchez -July 25, 2024 - Venture Capital fund searches for new managing director

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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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