Transformation fund approaches $10M.

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  • Author(s): Watson, Rachel
  • Source:
    Grand Rapids Business Journal. 2/8/2021, Vol. 39 Issue 3, p1-4. 4p.
  • Additional Information
    • Subject Terms:
      CULTURAL pluralism; CORPORATE vice-presidents; BUSINESSPEOPLE; BUSINESS enterprises
    • Abstract:
      The article discusses that the New Community Transformation Fund has secured from stakeholders looking to invest in Grand Rapids-area companies owned by people of color and is on its way to hitting the mark. It mentions that the venture fund NCTF, announced by the Right Place on Jan. 23, 2020, is aimed at boosting businesses owned by people of color in West Michigan, and it is nearing the first organizational milestone of raising.