Kalamazoo Forward Ventures

Kalamazoo Forward Ventures (KZFV) is a $50 million investment fund dedicated to supporting underrepresented founders, unique entrepreneurs, and driven innovators. The fund operates with a mission to close the racial wealth gap, particularly in the Kalamazoo area, by providing essential capital, strategic connections, and expert guidance. KZFV focuses on minority communities, especially Black and Latinx populations, who face significant economic disparities. By investing in these communities, the fund aims to foster innovation and diversity, enriching the broader business landscape. KZFV's business model involves identifying promising entrepreneurs and providing them with the resources needed to grow and thrive. The fund generates returns by nurturing these businesses to success, thereby creating a positive impact on both the local economy and the entrepreneurs it supports. The fund is led by General Partner Bobby J. Hopewell, who brings extensive experience in healthcare, leadership, and public service, including his tenure as the longest-serving Mayor of Kalamazoo, Michigan. Keywords: investment, underrepresented, founders, capital, connections, expertise, racial wealth gap, minority, entrepreneurs, innovation.