GRAND RAPIDS
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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BAMF Health is Recipient of Inaugural Investment from New Community Transformation Fund
Author: Carol Zichi
Posted Date: February 22, 2022
GRAND RAPIDS – New Community Transformation Fund (NCTF), a Grand Rapids-based venture fund aimed at boosting businesses owned by people of color in West Michigan, has made its first investment, a $500,000 outlay.
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Grand Rapids venture fund receives one million from Wege Foundation
Author: Carol Zichi
Posted Date: December 10, 2021
Venture fund aimed at boosting businesses owned by people of color in West Michigan, announces it has received a $1M investment from the Wege Foundation, marking the first from a private foundation.
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Ollie Howie named first managing director of minority-focused venture capital fund
Author: Carol Zichi
Posted Date: November 7, 2021
The first managing director of a venture capital fund that plans to invest in businesses owned by people of color sees an opportunity to pioneer an initiative for greater economic diversity in West Michigan.
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