TCP Receives BII Investment

Transformative Culture Project is a nonprofit organization that harnesses the economic power of creative arts for youth and community development. TCP embodies the values of authentic diversity – the art of catalyzing a real conversation about an array of concepts, connections, ideas, and relationships. They inspire this across cultural, physical, political, racial and religious planes to spawn inclusive collaborations that deliver positive impact. BII has provided bridge financing to TCP twice before and in 2019 provided the nonprofit organization with a line of credit so that it can more easily navigate the grant cycles of various funders. 

88 Acres Raises Capital for Growth

88 Acres is an artisan food company that produces healthy snacks free of the top eight food allergens. Their Dorchester-based manufacturing center generates dozens of good jobs for the local community. They also prioritize ingredient sourcing from New England-based farmers. Their delicious seed bars, seed butters, and seed-nola are available across the country in large retailers like Target and Whole Foods, and also in many public school systems. The BII Fund made its initial investment in 2017. In 2019, BII made a follow-on investment to expand their business and create new manufacturing jobs.