What stage does New Community Transformation invest at?

New Community Transformation invests at the Seed, Series A, Series B stages.

What is New Community Transformation's typical check size?

New Community Transformation typically writes checks of $250K – $1.5M.

What sectors does New Community Transformation focus on?

New Community Transformation focuses on Impact & Social Good, Sector Agnostic.

Where is New Community Transformation located?

New Community Transformation is headquartered in Grand Rapids, US.

New Community Transformation

Impact investorActively deploying

Grand Rapids · Seed–Series B · 11 people tracked

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Investment thesis

NCTF invests in scalable early- to mid-stage businesses and transitioning succession companies across various industries, focused on entrepreneurs of color who have historically lacked access to capital. Originating in Grand Rapids through a partnership with The Right Place, the fund aims to expand access to capital and support services to create upward mobility, jobs, and wealth in West Michigan's communities of color. It operates through a network of regional affiliates who share its vision of a more diverse and innovative economy, and partners with mission-aligned investors ready to advance racial and ethnic diversity in business ownership and entrepreneurship.

Invests inImpact & Social GoodSector AgnosticGrand Rapids United States

Source: firm website, verified Sep 26, 2026.

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Stage

Seed–Series B

Check

$250K – $1.5M

Grand Rapids, Michigan, US

Instruments

Equity

Founded

2020

AUM

$25M

Tracked investments

Team · 11 people

from the firm's website & public directories

Christal Jackson· Founder, NCTF Board Member· Houston, Texas, United Statesin

Founder of Head & Heart Philanthropy and an NCTF board member.

Dale E Grogan· General Partner

Garrick Rochow· Partner and Co-Founder, NCTF Board Member· Greater Lansingin

Board member and co-founder of NCTF, affiliated with CMS Energy and Consumers Energy.

Ollie Howie· General Partner

Ron Hall· General Partner· Dallas-Fort Worth Metroplexin

President and CEO of Bridgewater Interiors and an NCTF board member.

Skot Welch· Partner and Co-Founder, NCTF Board Member· Grand Rapids Metropolitan Areain

A nationally recognized entrepreneur and investor who helps shape NCTF's investment strategy and cultivates relationships with founders, investors, and community partners. Focuses on strategy, leadership, workforce development, cultural transformation, and fundraising.

Birgit Klohs· Partner and Co-Founder, NCTF Board Executive Chair· Greater Buenos Airesin

Has spent decades shaping West Michigan's business landscape through economic development and strategic growth, and co-founded NCTF to broaden access to capital for entrepreneurs. Focuses on strategy, fundraising, assessing people and potential, industry connections, and leadership development.

Kwame Anku· Partner, NCTF Board Member· Greater Sacramentoin

Partner and NCTF board member, associated with Black Star Fund.

Abid Ali· Managing Director & Principal, NCTF Board Member· United Statesin

Abid Ali is a Principal at Michigan Capital Network (MCN Ventures), where he sources and evaluates investments in vertical SaaS platforms serving regulated, workflow-intensive sectors including healthcare, finance, government, and industrial markets. Previously, he held the position of Vice President at Finback Partners, focusing on middle-market private equity investments and supporting management teams with M&A and growth strategy. His earlier experience includes advisory work with asset managers and hedge funds at PwC's Financial Markets group and transaction execution in M&A and capital markets at Bank of America.

Steve Jandernoa· Partner, NCTF Chair, Ex Officio· Ada, Michigan, United Statesin

Partner at 42 North Investments and ex officio chair of NCTF.

Vivian Pickard· President & CEO, NCTF Board Member· Bloomfield Hills, Michigan, United Statesin

President and CEO of Pickard Group and an NCTF board member.

What they invest in

from 2 of 2 portfolio companies

AdTech ×1AI & Machine Learning ×1Data & Infrastructure ×1Fintech ×1Impact & Social Good ×1Marketing Tech ×1Marketplaces ×1Media & Entertainment ×1

HQs:United States×2

Investments · 2 tracked

founders shown can be your intro path

By year:2025 · 1 2023 · 12 dated

Ad Fontes Mediaadfontesmedia.com in 𝕏Jul 2023 · $4.2M

Ad Fontes Media rates news sources for bias and reliability, publishing the Media Bias Chart and offering content analysis and ratings technology for advertisers, publishers, and other media buyers.

AdTechAI & Machine LearningData & InfrastructureMarketing TechMedia & EntertainmentWestminster, US

Vanessa Otero(Founder & CEO)inDon Hussen(Chief Technology Officer)Lou Paskalis(Chief Strategy Officer)inRafe D'Amico(Chief Revenue Officer)Troy Root(Director)Crista Bailey(Director)

Co-investorsGaingels New Community Transformation Denver Stout Street Capital Chicago Early Growth Ventures (CEGV)

Honeycomb Credithoneycombcredit.com in 𝕏May 2025

Honeycomb Credit runs an investment crowdfunding platform where individuals can invest in local small businesses, such as breweries, restaurants, and shops, in exchange for potential returns.

FintechImpact & Social GoodMarketplacesPittsburgh, US

George Cook(Co-founder & CEO)inKen Martin(Founder)inMathias Jamora(CFO)inChristian Bilger(Executive Officer)Edward Engler(Director)

Co-investorsAmerican Family Insurance Institute for Corporate and Social Impact Citta Capital Delaware Crossing Investor Group Mudita Venture SustainVC Symphonic Capital +2 more

Frequently asked questions

What stage does New Community Transformation invest at?: New Community Transformation invests at the Seed, Series A, Series B stages.
What is New Community Transformation's typical check size?: New Community Transformation typically writes checks of $250K – $1.5M.
What sectors does New Community Transformation focus on?: New Community Transformation focuses on Impact & Social Good, Sector Agnostic.
Where is New Community Transformation located?: New Community Transformation is headquartered in Grand Rapids, US.

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