lady dye yarns logo

Lady Dye Yarns

Lady Dye Yarns is an eco-friendly yarn business that creates vibrant and colorful hand-painted yarns and accessories that are inspired by street art and city living. As an African-American woman entrepreneur, founder Diane Ivey has a commitment to diversifying the homogenous yarn industry through speaking out and attracting other minorities to the sector. The Boston Impact Initiative provided an early loan to help scale national marketing and sales. Learn more

LaborX

Described as the “LinkedIn for the LinkedOut,” LaborX hosts a web platform that matches employers with skilled job-seekers without college degrees and from other non-traditional backgrounds. Founded by Yscaira Jimenez, a Dominican immigrant from the Bronx, LaborX helps to create living-wage job opportunities for largely working class people of color. In 2016, BII provided convertible debt to support LaborX’s launch. Learn more

jubali logo

Jubali

Jubali is a brand embodying the desire to transform through vitality. They believe that food is a crucial element of the more beautiful world in which we want to live and which we are working to create—a world of vibrantly healthy people living on an ecologically thriving planet. Jubali’s goal is to make the healthiest, most delicious food and drinks they can while making a positive social and environmental impact. The Boston Impact Initiative made a convertible debt investment to help Jubali respond to rapid growth opportunities. Learn more

Green City Growers

Green City Growers transforms unused space into thriving urban farms, providing clients with immediate access to nutritious food while revitalizing city landscapes and inspiring self-sufficiency. The company makes innovative use of rooftops, vacant lots, parking garages and other previously unutilized spaces to grow vegetables for clients including Whole Foods Market, b.good, and the Boston Red Sox’ Fenway Park. In 2016, BII purchased Direct Public Offering shares. Learn more

grameen america logo

Grameen America

Grameen America is a non-profit micro-finance agency, serving low income women in Greater Boston neighborhoods. Grameen American replicates the circle lending model pioneered by Nobel Peace Prize recipient Muhammad Yunus in the first Grameen Bank in Bangladesh. Grameen America has disbursed over $135 million in small loans since its founding in 2008. The Boston Impact Initiative provided an operating grant and loan to facilitate the opening of a Grameen branch office in Boston. Learn more

Good Clothing Company

Good Clothing Company is dedicated to rebuilding the U.S. apparel manufacturing industry. They work with emerging designers and eco-fashion pioneers looking for a production partner to scale with them. Employing predominantly women, immigrants and low-income people, the company invests in training to move workers from a single production component towards the art and skill of garment construction. In 2016, BII provided a loan to support growth of the company’s Fall River operations to meet client demand. Learn more

future boston logo

Future Boston

Future Boston is a non-profit organization that runs Accelerate Boston, a business incubator designed for entrepreneurs looking to launch a business supporting the creative economy. The program includes a business plan contest, and the Boston Impact Initiative has funded a social business prize. The winner of that prize in 2013 was Fresh Food Generation, a farm-to-plate food organization that will serve healthy prepared foods in low-income neighborhoods in the Greater Boston area. Learn more

Fresh Food Generation

Fresh Food Generation is a cafe, food truck and catering business committed to serving on-the-go real foods. The company sources ingredients from local farms and prepares delicious meals inspired by Latin American and Caribbean cuisine. In 2013, BII awarded FFG a social business prize through the Future Boston accelerator. In 2014, we provided a follow-on loan to help secure their food truck. In 2017, we provided bridge financing to support FFG’s growth plans. Learn more

the food project logo

The Food Project

The Food Project is a Dorchester based non-profit, working with over 150 teenagers and thousands of volunteers to farm on 40 acres of Greater Boston land. Youth participants gain leadership skills, agricultural and business experience, and employment opportunities. Food from the farms is distributed through Community Supported Agriculture and farmers’ markets, and is donated to local hunger relief organizations. The Food Project helps anchor Boston’s growing local food economy. The Boston Impact Initiative awarded a grant for youth oriented programming. Learn more

Fields Corner Business Lab

FCBL is a coworking space that brings together entrepreneurs, small businesses and community development organizations to advance one of Dorchester’s most promising business districts. With easy access to the Red Line and affordable, flexible membership options, FCBL is focused on creating a productive, healthy and synergistic environment for its entrepreneurs and the Fields Corner community. The Boston Impact Initiative provided a grant to FCBL to sponsor free office space for a Dorchester-based, social entrepreneur of color. Learn more