Black men in Kalamazoo launch $50M investment fund to support diverse businesses

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Von Washington Jr. and Bobby Hopewell speak during a 2019 press conference in this MLive file photo. The two are among the investors of a new investment fund to support minority businesses. Joel Bissell | MLive.com

KALAMAZOO, MI — A group of Black men in Kalamazoo have launched a $50 million investment fund to support business ventures by underrepresented founders.

The organization, Kalamazoo Forward Ventures, was announced on Tuesday, Sept. 24. The fund is separated into three business areas: venture capital, real estate and main street businesses…

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