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GRAND RAPIDS

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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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New Community Transformation Fund’s second investment goes to fintech relocating to GR

Author: Carol Zichi
Posted Date: August 30, 2022

The second investment by the New Community Transformation Fund — a recently formed Grand Rapids investment fund for minority entrepreneurs — went to a Texas fintech that relocated its headquarters to downtown Grand Rapids.

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