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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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Denver Skyline - Black and White

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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Dshoots blog

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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A Chang Final

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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O Howie

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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