Investing for Justice

to close the racial wealth gap and build power with communities of color

Learn about Fund II

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about integrated capital as the cornerstone of solidarity finance

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2023 Emerging Fund Manager Cohort Home (mobile)

Celebrate
with Us

as we close out another successful Emerging Fund Manager Cohort

Fund Manager Education

Building Financial, Social and Political Power

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.

About BII

Fund II

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.

Invest in Fund II

Fund I

Our fully deployed BII Fund I invested $6.9 million in 50 for-profit businesses, cooperatives and nonprofits in Eastern Massachusetts.

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Learn About Integrated Capital

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.

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Our Impact in Closing the Racial Wealth Gap

70+

portfolio companies

69%

of portfolio companies are owned by people of color

1,070

jobs supported

$91 million

of follow-on capital unlocked

The Latest

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Introducing our 2023 Emerging Fund Manager Cohort!

September 6, 2023

This summer (May-August), we hosted our third emerging fund manager cohort program with 13 participants representing eight place-based funds in six cities. A majority of this cohort proudly…

BII News

Headshots of BII CEO Betty Francisco and Eric Leslie, founder and lead organizer of Union Capital Boston.

Nonprofits as impact investors: Aligning our finances with our mission

August 8, 2023

In a new op-ed in Boston Business Journal, BII CEO Betty Francisco and Eric Leslie, founder and lead organizer of Union Capital Boston, discuss how investing in an impact fund that is aligned with…

BII in the Media

Impact Story: Building community power through real estate

August 1, 2023

Amid rapid gentrification, the East Boston Neighborhood Trust is a game-changer, keeping 114 units permanently affordable and community-controlled. In a new article for Impact Entrepreneur, BII…

BII in the Media Impact Stories

Invest in Us

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.

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