WeSpire is an employee engagement platform that empowers forward-thinking global organizations to enhance their results. WeSpire helps employees build awareness, take action and inspire others to participate in programs including sustainability, culture, and team building. In 2016, Boston Impact Initiative LLC made an equity investment to support WeSpire’s growth and expand the platform’s diversity and inclusion offerings. Learn more
Wellspring Harvest is part of Wellspring Cooperative, a community-based cooperative development organization with a mission to create a network of worker-owned companies in Springfield, MA, that provide on-the-job training, employment and wealth-creation opportunities for low income and unemployed residents of the city. In 2016, BII purchased Direct Public Offering shares to help build the first commercial greenhouse in Springfield. Learn more
Tremendous Maid is a family-owned and operated residential and commercial cleaning business based in Dorchester. Through the leadership of Dominican co-founders Rosa Tejeda, Victoria Amador and Nisaury Amador, Tremendous Maid provides quality wages, employee benefits, and green cleaning services in an industry where customer demand for low prices incentivizes low wages, poor employee benefits, and other price-cutting practices. In 2015, BII provided a growth capital loan to stabilize financing and expand services. Learn more
Tony Williams Dance Center is a studio in Jamaica Plain dedicated to providing quality dance instruction to Boston’s diverse urban community.From ballet to salsa to hip hop, TWDC boasts one of the most diverse class offerings, faculty, student and parent populations in the Greater Boston Area. TWDC produces the highly acclaimed Urban Nutcracker, and has helped hundreds of Boston youth develop physical and mental discipline and emotional confidence through the arts. In 2014, BII refinanced TWDC’s debt, resulting in increased scholarships and additional staff. Learn more
Sustainability Guild International is a social enterprise business based in the Bowdoin-Geneva neighborhood of Dorchester. Their vision is to create a dynamic network of community-driven, self-sustaining social enterprises that share a mission of transforming our urban community into living labs of innovation, creative social entrepreneurship and sustainable development. The Boston Impact Initiative provided a grant to support capacity building. Learn more
Sunwealth is a pioneering clean energy investment firm determined to unleash the power of commercial solar by delivering meaningful returns and tangible impact. Sunwealth’s Boston Interfaith Solar Project provides project financing and development of solar on houses of worship. BII provided a loan to help finance clean energy on three houses of worship in Dorchester, Jamaica Plain, and Roxbury, thereby reducing their energy bills. Learn more
Social Good Marketing provides integrated marketing services to small and medium businesses and nonprofits. They aim to help local organizations build brand awareness and make social change. Services include research, planning, strategy and training at below-market rates so social change organizations can benefit. The Boston Impact Initiative provided a grant through the Fields Corner Business Lab to sponsor free office space.
Smarter in the City is the first high tech startup business accelerator in Roxbury. At the center in Dudley Square, SITC supports local entrepreneurs from underrepresented communities in the tech sector to advance their technology-focused businesses. The Boston Impact Initiative provided early stage operating grants to help SITC serve local tech entrepreneurs of color. Learn more
Renew Energy Partners is a project development firm that specializes in energy efficiency retrofits in New England. In 2014, BII became an anchor investor in a program that brings efficiency upgrades to underserved markets, including Greater Boston’s non-profit buildings and houses of worship. The energy efficiency retrofits contribute to reduced energy costs, making more resources available to provide services. Learn more
M.S. Peltier Insurance is a black-owned business with expertise in construction, marine, real estate and transportation industries. The company plans to grow its workforce, which it aims to be comprised of at least 50 percent employees of color. M.S. Peltier is committed to serving Dorchester and Caribbean communities. In 2016, BII provided a loan to support business acquisition and establishment.