Build Community Ownership, Shared Wealth, and Economic Power
We believe in democratizing investment in local enterprises. Become an investor in Fund II, our $20 million integrated capital fund dedicated to building a just and sustainable economy.
About BII Fund II
Fund II is a $20 million debt fund that invests integrated capital into early-stage, impact-driven enterprises owned by entrepreneurs of color and community-owned or governed real estate to prevent displacement in New England.
Our final closing is December 31, 2025.
Investment Focus
Fund II prioritizes investments in the following areas:
Social Enterprises
Businesses led by entrepreneurs and worker-owners from diverse communities that contribute to a sustainable and inclusive economy.
Community-Controlled Real Estate
Projects that prevent displacement and promote community ownership.
Climate Resilience
Enterprises pioneering clean energy solutions that build climate resilience in local communities.
Investment Strategy
Our integrated capital approach blends various forms of capital to meet entrepreneurs where they are:
- Debt Financing: Offering flexible loan terms tailored to the cash flow realities of small businesses.
- Equity Investments: Providing patient, non-extractive equity to support long-term growth.
- Grants: Supplying non-repayable funds to support capacity building and technical assistance.
Impact Goals
Through BII Fund II, we aim to:
Build Generational Wealth
Increase wealth-building opportunities for communities of color.
Empower Entrepreneurs
Enhance financial, social, and political power for business owners of color.
Promote Sustainable Practices
Support enterprises that prioritize environmental stewardship.
Notes Offering
BII Fund II is offering the following types of notes to accredited and non-accredited investors:
- Community Notes: 5% Notes maturing 12/31/2027 to non-accredited investors residing in Massachusetts, Maine, New York, New Hampshire, Rhode Island, Connecticut and Vermont in amounts ranging from $1,000 to $25,000, renewable until 12/31/2032 at a 7% interest rate per year.
- Solidarity Notes: 3% Notes maturing 12/31/2032 to accredited investors in amounts ranging from $10,000 to $3,000,000.
- Philanthropic Notes: 1% Notes maturing 12/31/2032 to accredited investors in amounts ranging from $10,000 to $3,000,000.
The Fund II Note Offering will do a final close on December 31, 2025. Interested investors should contact CEO, Betty Francisco.
Ready to Invest?
Our investors include individuals, businesses, nonprofits, foundations, faith-based organizations and financial institutions that want to support our investments in enterprises and projects driving racial equity, power-building and shared prosperity for everyone. Please contact CEO, Betty Francisco, to explore an investment in Fund II.
Why Invest
Your investment allows us to provide patient, non-extractive equity and flexible debt capital to the people and places that need it the most. In turn, investors receive an integrated return on investment to catalyze wealth and asset-building opportunities for communities of color.
Frequently Asked Questions
What is integrated capital?
Integrated capital refers to the coordinated use of different forms of financial and non-financial resources to support enterprises that are creating social and environmental impact.
How are investment decisions made?
Who can invest in Fund II?
What is the minimum investment amount?
How are the funds used?
Join Us in Advancing Economic Justice and Community Development
Invest in Fund II and support the growth of enterprises, building a more just and sustainable future.