Kalamazoo Forward Ventures: $50M Black-Owned Investment Fund Launches in Southwest Michigan
The initiative aims to empower disenfranchised entrepreneurs and address intergenerational poverty.
Kalamazoo Forward Ventures, the region’s very first Black-owned investment fund, dedicated to Southwest Michigan. Armed with a robust $50 million in capital, our mission is to empower under-represented business founders and growth-oriented startups in the area.
The team is composed of professionals with varied backgrounds, all shared in a commitment to provide early-stage investments to businesses owned by minorities, women, persons with disabilities, and LGBTQ individuals. While operating as a for-profit venture, we aim to invest in venture capital, real estate, and mainstreet projects to stimulate economic growth and empower our community.
The initiatives serves a dual objective: empowering entrepreneurs who have traditionally faced hurdles in securing funding, and tackling intergenerational poverty by opening doors to economic advancement. By targeting under-represented business founders, we strive to create a level playing ground and encourage a more inclusive and diverse entrepreneurial scene in Southwest Michigan.
Kalamazoo Forward Ventures, firmly believe that by extending financial support and resources to marginalized individuals, we can spark positive change and support a more just society. We are committed to making a significant impact and ensuring the success of businesses that have historically been overlooked.
