LATEST NEWS
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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GR-based VC fund targeting minority-owned companies raises $8.5M in first year
Author: Carol Zichi
Posted Date: January 26, 2021
Credit Mark Sanchez - January 26, 2021 GRAND RAPIDS — The venture capital fund formed a year ago in Grand Rapids to invest in minority-owned businesses has netted $8.5 million in commitments from investors and aims to hit $10 million this year.
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Investment fund aims to ensure Grand Rapids is not ‘flyover city for entrepreneurs of color’
Author: Carol Zichi
Posted Date: January 26, 2021
The New Community Transformation Fund, which is based in Grand Rapids, referenced in this file photo was launched in early 2020. The group announced its fundraising progress in a virtual news conference Tuesday. (MLive file photo)
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