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Colorado’s first Black-owned, woman-led venture capital firm secures $5 million from state venture capital program

Author: Carol Zichi
Posted Date: November 2, 2022

Credit The Denver Post | November 2022 By Megan Ulu-Lani Boyanton The New Community Transformation Fund aims to invest in businesses owned and operated by entrepreneurs of color

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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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GR investment fund for minorities replicated in Denver; other U.S. cities eyed

Author: Carol Zichi
Posted Date: July 21, 2022

Leaders behind a Grand Rapids investment fund formed to support entrepreneurs of color hope a similar venture in Colorado becomes the first of multiple funds that replicate the model across the country

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New Denver venture fund to invest in minority-led startups

Author: Carol Zichi
Posted Date: July 14, 2022

By Nikki Wentling - Reporter July 14, 2022, COLORADOINNO "You don't see funds like this unless you're on the East Coast or West Coast," the managing partner says. Danielle Shoots, the managing partner

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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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