New Community Transformation Fund
$420K
CAPITAL DEPLOYED
180
units created
620+
people housed
2024
investment year
The Investment
New Community Transformation Fund is a Michigan-based venture capital platform investing in overlooked founders, investors, and companies. The fund’s work sits at the intersection of economic development and entrepreneurship, with a focus on expanding access to early-stage capital while seeking strong, risk-adjusted returns. NCTF is focused on Michigan companies in sectors where the state has existing strengths, including life sciences, advanced manufacturing, software, technology, and related industries. The fund invests across pre-seed, seed, and Series A stages, providing exposure to a portfolio of companies rather than a single business. In January 2026, an Abundance Angel recommended a $555,000 commitment to NCTF through Abundance Capital. The commitment reflected donor interest in supporting a professionally managed venture fund focused on entrepreneurship, innovation, job creation, and economic growth in Michigan. The fund’s impact approach includes tracking job creation, portfolio company leadership, and the number of lives positively affected through investments that reduce barriers in areas such as health, education, wealth-building, access, and innovation. Returns are not guaranteed and depend on the fund’s long-term portfolio performance, future financing activity, and company exits.
Impact Metrics
SDG Alignment
Investment Details
About the Organization
New Community Transformation Fund (NCTF) is a Michigan-based venture capital firm investing in pre-seed, seed, and Series A companies led by overlooked founders across life sciences, advanced manufacturing, software, and technology. The fund takes a place-based approach to early-stage investing, with a focus on Michigan companies and a mission to expand access to capital while generating strong risk-adjusted returns and measurable economic impact.