Celtics star Jaylen Brown is setting out to generate $5 billion in generational wealth for communities of color
BII is mentioned in this article in Professional Wealth Management about impact investment.
BII advances economic and racial justice by building a sustainable and inclusive economy where entrepreneurs and communities of color have financial, social, and political power.
With our recently launched BII Fund II, a $20 million integrated capital fund, we are doubling down on our commitment to close the racial wealth gap in Massachusetts and the Northeast.
Our fully deployed BII Fund I invested $6.9 million in 50 for-profit businesses, cooperatives and nonprofits in Eastern Massachusetts.
Integrated capital is a catalyst for economic and racial justice. It is central to every aspect of our work, from our investing strategy and impact management to our field-building work and fund structure.
portfolio companies
of portfolio companies are owned by people of color
jobs supported
of follow-on capital unlocked
BII is mentioned in this article in Professional Wealth Management about impact investment.
BII is mentioned in this article in Professional Wealth Management about impact investment.
In 2019, Fund I provided growth capital to support the company’s plans to develop the app and expand their team and in 2024, Fund II provided receivable financing to help smooth cash…
Whether you are an investor or a philanthropic donor, your support of BII will have a transformative effect in closing the racial wealth gap and creating an economy that works for everyone.