Fresh Food Generation is a cafe, food truck and catering business serving on-the-go real foods. The company sources ingredients from local farms and prepares meals inspired by Latin American and Caribbean cuisine. After three years of operating, the company is now becoming a competitive city-wide catering business. In 2018, BII Fund provided a line of credit and convertible debt coupled with an innovative “self-liquidating equity” structure which allows management to buy back equity at fair and mutually agreed upon price. Learn more
Capitalism is Not the Only Choice, by Penn Loh in YES! Magazine. When everything that we label “economic” is assumed to be capitalist—transactional and market-driven—then it is no wonder that we run short on imagination. What if, instead, economy is all the ways that we meet our material needs and care for each other? Beneath the official capitalist economy are all sorts of thriving non-capitalist economies, where there may not be a profit motive or market exchange.
The Road to Zero Wealth, by Prosperity Now and the Institute for Policy Studies, examines Federal Reserve data over a 30-year period (1983-2013) to understand the growing racial wealth divide facing Black and Latino households at the median, and explores the ways that accelerating declines in wealth for these communities are impacting the American middle class.