Entries by deborah

Urban Farming Institute

The Urban Farming Institute of Boston, located at the historic Fowler Clark Epstein Farm in Mattapan, provides farmer training, creates green collar jobs and engages urban communities in building a healthy, local food system. The non-profit organization reclaims and restores vacant lots, transforming them into functioning urban farms.  In 2018, BII Fund provided bridge finance to […]

Fresh Food Generation

Fresh Food Generation is a cafe, food truck and catering business serving on-the-go real foods. The company sources ingredients from local farms and prepares meals inspired by Latin American and Caribbean cuisine. After three years of operating, the company is now becoming a competitive city-wide catering business. In 2018, BII Fund provided a line of credit and convertible debt coupled with an […]

Capitalism is Not the Only Choice

Capitalism is Not the Only Choice, by Penn Loh in YES! Magazine. When everything that we label “economic” is assumed to be capitalist—transactional and market-driven—then it is no wonder that we run short on imagination. What if, instead, economy is all the ways that we meet our material needs and care for each other? Beneath the official […]

The Road to Zero Wealth

The Road to Zero Wealth, by Prosperity Now and the Institute for Policy Studies, examines Federal Reserve data over a 30-year period (1983-2013) to understand the growing racial wealth divide facing Black and Latino households at the median, and explores the ways that accelerating declines in wealth for these communities are impacting the American middle class.

Cooperative Fund of New England

The Cooperative Fund of New England (CFNE) is a community development loan fund that facilitates socially responsible investing in cooperatives, community-oriented nonprofits, and worker-owned businesses in New England and New York. CFNE provides financial products, business assistance, and investment opportunities that promote socially conscious enterprise. Boston Impact Initiative is an investor in CFNE’s Social Investment […]

Sunwealth

Sunwealth is a pioneering clean energy investment firm working to unleash the power of commercial solar by delivering meaningful returns and tangible impact. The company received a loan to help finance clean energy on three houses of worship in Dorchester, Jamaica Plain and Roxbury, thereby reducing energy bills. Boston Impact Initiative made a second investment […]

M.S. Peltier Insurance

M.S. Peltier Insurance is a black-owned business with expertise in the construction, marine, real estate and transportation industries. The company plans to maintain at least 50 percent employees of color as it grows its workforce. M.S. Peltier has a long history of serving Dorchester and Caribbean communities. Boston Impact Initiative provided a loan to support […]

Gregory Bloomfield Joins Our Team

Gregory Bloomfield originally hails from Toronto, where he began his career as an auditor for Ernst & Young. He has over 20 years’ experience in bookkeeping, accounting, auditing, taxation and finance across many industries such as real estate, investments and non-profit organizations. Previously, Gregory was senior auditor for a local CPA firm as well as […]

Delectable Desires Pastries Continues to Grow

Delectable Desires Pastries provides gourmet home-baked goods from scratch, specializing in event cakes. The company opened its first retail store in West Roxbury in 2015, followed by a South Station kiosk a year later. Owner Carlene O’Garro, a Mattapan native, says that her Caribbean roots influence her use of ingredients and baking style. In 2017, BII […]