BII Invests in Futuro+
We are thrilled to welcome Colorful Resilience and its remarkable founder and CEO, Mayrena Guerrero, to the BII Portfolio Family.
BII advances economic and racial justice by building a sustainable and inclusive economy where entrepreneurs and communities of color have financial, social, and political power.
With our recently launched BII Fund II, a $20 million integrated capital fund, we are doubling down on our commitment to close the racial wealth gap in Massachusetts and the Northeast.
Our fully deployed BII Fund I invested $6.9 million in 50 for-profit businesses, cooperatives and nonprofits in Eastern Massachusetts.
Integrated capital is a catalyst for economic and racial justice. It is central to every aspect of our work, from our investing strategy and impact management to our field-building work and fund structure.
portfolio companies
of portfolio companies are owned by people of color
jobs supported
of follow-on capital unlocked
We are thrilled to welcome Colorful Resilience and its remarkable founder and CEO, Mayrena Guerrero, to the BII Portfolio Family.
So why haven’t more of these businesses entered the market? Part of the reason is perception. But that is changing.
BII received one of 3 grants from JPMorganChase aiming to enhance revenue, stabilize operations, and create wealth-building opportunities for local entrepreneurs and small business owners.
Whether you are an investor or a philanthropic donor, your support of BII will have a transformative effect in closing the racial wealth gap and creating an economy that works for everyone.