New Community Transformation Fund

The New Community Transformation Fund (NCTF) is a $25 million venture capital fund that invests in companies owned and operated by business leaders of color in West Michigan and Denver, Colorado. The fund was founded in 2019 by a group of community leaders and investors who believe that increasing the number of businesses owned by people of color is essential to building a more equitable economy. NCTF invests in scalable, early- to mid-stage businesses in a variety of industries, including advanced manufacturing, food processing and agribusiness, life sciences and medical devices, and information technology. The fund also provides portfolio companies with access to mentorship, networking, and other resources to help them succeed.