Latino Businesses and Clean Energy: A Missed Connection
So why haven’t more of these businesses entered the market? Part of the reason is perception. But that is changing.
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
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.
BII is proud to partner with Futuro for a second time— to seed Futuro+, their first membership-based service.
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.