Entries by deborah

EdTech Startup, AllHere, Receives Equity Financing from BII

We’re proud to announce an equity investment in AllHere, a software startup founded and headquartered in Boston that combats absenteeism in public school districts through technological services. Founded by Joanna Smith, a woman of color and a former district attendance and family engagement coordinator for the Boston Public Schools, this platform helps educators document absences, […]

BII is hiring an Investment Director

JOB DESCRIPTION Investment Director Location: Boston, MA Industry: Non-profit / Financial Services Employment Type: Full-time   Contact:  Please send a resume and cover letter to jobs@bostonimpact.com.  Please include INVESTMENT DIRECTOR in the title of your email.    Overview The Boston Impact Initiative Fund is an impact investing fund dedicated to closing the racial wealth divide. […]

BII Releases its 2019 Impact Report

In the first quarter of 2020, 25 of BII Fund’s portfolio companies completed their impact assessments, providing data and analysis on how effective they were at increasing wealth and power for communities of color. Here are a few highlights from what we learned: The portfolio is majority governed, run and staffed by people of color. […]

Nonprofit Futuro Media Group Receives BII Loan

Futuro Media Group creates multimedia content for and about underrepresented narratives in an increasingly diverse world. Founder Maria Hinojosa is an award-winning news anchor and reporter who has covered America’s untold stories for over two decades. In 2019, BII provided a bridge loan to cover costs until a MacAurthur Foundation grant was paid. In 2020, […]

Quality Interactions receives second BII Investment

Quality Interactions is an e-learning platform that provides cultural competency training for healthcare professionals. The platform helps healthcare providers reduce unconscious bias and as a result improve health outcomes for patients of all cultural backgrounds, including people of color, immigrant, bilingual and LGBTQ patients, and those who are uninsured. The company’s clients include Mass General […]

BII Co-Founder Pens Article on the Power of Philanthropy

Deboarh Frieze, BII Board President and Co-Founder, co-authored an article with Tyler Nickerson of Amalgamated Bank in The Chronicle of Philanthropy. Financial Leaders at America’s Foundations Have the Power to Reshape Philanthropy “[I]t’s imperative that foundations unite their assets to advance goals for social change. More and more, chief financial officers and investment officials are […]

BII Seeks Marketing and Impact Investing Interns

Boston Impact Initiative is looking for two interns for 2020 Spring and Summer. These are unpaid internships, but we can provide support needed to get school credit. See the descriptions below and email jobs@bostonimpact.com with a resume and brief cover letter if you’re interested! Deadline for applications for Spring is Feb 21. Marketing Internship BII […]

EVKids

EVKids is a Boston-based nonprofit that matches area college students with school children to provide them with academic tutoring and mentorship. The organization’s summer camp also provides an opportunity for inner-city children to experience the outdoors. The nonprofit has experienced great success, with 100% of its students in the tutoring program graduating from high school […]

BII Fund-Building Cohort Featured in Next City

The BII Fund-Building Cohort was featured in Next City: Sharing a Legal Template for Investing in Racial Justice by Oscar Perry Abello “When Deborah Frieze goes out in search of new investors for the Boston Impact Initiative Fund, her pitch starts out with some pretty lofty goals, but then it goes a few degrees beyond […]