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New Community Transformation Fund
AddedFeb 15, 2024
UpdatedJun 28, 2026
New Community Transformation Fund

New Community Transformation Fund

Operating

Michigan-based fund offering financial and strategic support to companies from communities of color.

Location
Grand Rapids, MI, US
Founded
1985
Firm
Compare
Portfolio
Employees
Website

New Community Transformation Fund (NCTF) is a Michigan-based venture capital firm focused on supporting companies from communities of color. The fund provides financial and strategic support to diverse entrepreneurs, primarily targeting Series A investments. NCTF's mission is to create opportunities, jobs, and wealth in underserved communities.

NCTF operates through a network of affiliates who share its vision and approach. The fund's portfolio includes Ad Fontes Media, a notable investment in the media sector. NCTF's unique approach combines capital investment with strategic support, aiming to transform communities by fostering entrepreneurship and economic growth among underrepresented groups.

New Community Transformation Fund - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments1
Current Portfolio Count1
Total Portfolio Exits0

Top Investment Stages

Series A1 (100.0%)

Stage Mix

Series A 100%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Ad Fontes Media logo

Ad Fontes Media

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New Community Transformation Fund - Classification

Also Known As
  • New Community Transformation Fund, LP
NAICS
  • 520000Finance and Insurance
  • 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
  • 523900Other Financial Investment Activities
  • 523990All Other Financial Investment Activities
  • 523999Miscellaneous Financial Investment Activities
SIC
  • 6700Holding And Other Investment Offices
  • 6790Miscellaneous Investing
  • 6799Investors, Not Elsewhere Classified
Show 6 more industry codes
NAICS
  • 525000Funds, Trusts, and Other Financial Vehicles
  • 523910Miscellaneous Intermediation
  • 523940Portfolio Management and Investment Advice
SIC
  • 6000Depository Institutions
  • 6720Investment Offices
  • 6722Management Investment Offices, Open-end