The Boston Impact Initiative Fund is an impact investing fund dedicated to closing the racial wealth divide. We invest integrated capital (equity, debt and grants) in regenerative local enterprises that restore the productive capacity of communities of color in Eastern Massachusetts. We are a 501(c)3 charitable loan fund that has raised $7M from values-aligned accredited and non-accredited investors. We also host a cohort of 11 communities around the country seeking to design and launch integrated capital funds dedicated to closing the racial wealth divide.
BII pioneers an integrated capital approach for capital deployment. We believe that we can best support the creation of resilient local economies by using a range of integrated capital tools: loans, credit enhancements, equity investments, royalty finance, direct public offerings, crowdfunding, grants and more.
Responsibilities
The Impact Investment Associate plays a significant role in BII’s integrated capital strategy. The primary responsibilities include vetting prospective investments and providing on-going support to existing portfolio companies. Responsibilities also include:
Conduct due diligence for prospective investment opportunities.
Maintain portfolio tracking reports and written documentation on investment decisions.
In collaboration with colleagues, discover, define and evaluate new investment opportunities and their fit in the portfolio.
Research and present analyses of the total portfolio performance and risk profile.
Collect legal documents from companies and liaise with fund attorneys to put together documents for investment.
Coordinate and attend annual meetings with portfolio companies, assist with analysis of impact data, assist with annual impact report, and assist with on-going impact management of portfolio.
Track technical assistance provided to portfolio companies.
Perform any and all other duties and responsibilities of a similar nature and character those above, which may be assigned and/or directed.
Qualifications
Bachelor’s degree and a minimum of 1 year of relevant work experience in FP&A, Corporate Finance, and/or Business Controller positions.
Demonstrated interest in and understanding of economic justice, gender equity, sustainability, and/or related topics.
Excellent skills in quantitative analysis, problem solving and general critical thinking.
Resourceful, proactive, able to prioritize and navigate in a fast-paced team-oriented environment.
Unquestioned ability to handle confidential information in a professional manner.
Knowledge of investment assets (e.g. stocks, bonds, property, commodities, cash) and markets. Knowledge of analytical methods for determining fair value and an investment’s merits. Knowledge of investment implementation methods, including types of fund vehicles (e.g. mutual funds, ETFs, private partnerships) and typical fund terms in both public and private asset classes.
Bilingual in Spanish is a plus.
Compensation and Benefits
This is a full-time, exempt position. The salary range is $50,000 – $65,000 and commensurate with experience. Boston Impact Initiative offers a work environment that supports the unique needs of each employee to balance work and life. We offer a benefits package that includes an employee bonus pool, remote and flexible work options, health coverage, paid time off and professional development support.
How to Apply
The Boston Impact Initiative is an equal opportunity employer. Boston residents, women, people of color, immigrants, queer and gender nonconforming people strongly encouraged to apply.
To apply, please email your cover letter, resume, up to 3 references, and a link to your portfolio or examples of relevant work to jobs@bostonimpact.com.
In your cover letter, please answer the following questions with no more than 3-5 bullet points per question:
What about BII’s mission appeals to you?
How does this role align with your current career trajectory?
What aspects of your experience are you most eager to contribute toward this role?
Anything else you would like us to know.
Our ideal start date for this role is April 2021 with interviews beginning in late February 2021. Applications will be evaluated as they arrive and the position will remain open until filled. Job Posted on DATE 2/9/21
The Boston Impact Initiative Fund is an impact investing fund dedicated to closing the racial wealth divide. We invest integrated capital (equity, debt and grants) in regenerative local enterprises that restore the productive capacity of communities of color in Eastern Massachusetts. We are a 501(c)3 charitable loan fund that has raised $7M from values-aligned accredited and non-accredited investors. We also host a cohort of 11 communities around the country seeking to design and launch integrated capital funds dedicated to closing the racial wealth divide.
Position
We are seeking a full-time Senior Communications Associate to partner with our team in creating content, conversations and events that engage stakeholders both locally and nationally in learning what it takes to invest to close the racial wealth divide. We are seeking someone who shares our beliefs that:
Current capital markets aren’t working
Investment decisions should not be strictly financial
We have much to learn from emerging models of impact investing, solidarity economics and justice movements
The Senior Communications Associate will help make visible what we’re learning through: producing content for our digital assets (social media, website, newsletter, impact report and videos); producing media assets for our stakeholders (such as cohort members); assessing the impact of our content through insights and data; placing articles; identifying platforms and partners for distributing our curriculum; and designing and hosting events.
ROLES AND RESPONSIBILITIES
Developing and publishing multi-platform content
Producing newsletters, reports, charts, audio and video assets that meet the needs of diverse stakeholders to learn with and from us
Authoring and placing articles that make visible our work and the work of the people we serve, such as cohort members.
Identifying and managing a platform through which we can deliver our curriculum.
Building partnerships and joint ventures to distribute our curriculum.
Managing contractors as needed.
DESIRED SKILLS AND EXPERIENCE
Minimum 5 years’ experience in strategic communications
Demonstrated interest in and understanding of economic justice, racial justice, gender equity, sustainability, and/or related topics
Ability to be self-directed; entrepreneurial experience a plus
Willingness to continuously learn and adapt
Resourceful, proactive, able to prioritize and navigate in a fast-paced team-oriented environment.
Strong project management skills
Excellent interpersonal skills including verbal and written communication
Excellent organization, attention to detail and follow-through
Graphic design and Adobe skills. Experience with WordPress and video editing a plus.
Bilingual in Spanish a plus
Compensation and Benefits
This is a full-time, exempt position. The salary range is $65,000 – $80,000 and commensurate with experience. Boston Impact Initiative offers a work environment that supports the unique needs of each employee to balance work and life. We offer a benefits package that includes an employee bonus pool, remote and flexible work options, health coverage, paid time off and professional development support.
How to Apply
The Boston Impact Initiative is an equal opportunity employer. Boston residents, women, people of color, immigrants, queer and gender nonconforming people strongly encouraged to apply.
To apply, please email your cover letter, resume, up to 3 references, and a link to your portfolio or examples of relevant work to jobs@bostonimpact.com.
In your cover letter, please answer the following questions with no more than 3-5 bullet points per question:
What about BII’s mission appeals to you?
How does this role align with your current career trajectory?
What aspects of your experience are you most eager to contribute toward this role?
Anything else you would like us to know.
Our ideal start date for this role is April 2021 with interviews beginning in late February 2021. Applications will be evaluated as they arrive and the position will remain open until filled. Job Posted on DATE 2/9/21
Entrepreneurship for All (EforAll) is a nonprofit organization that supports small businesses and nonprofits through inclusive English/Spanish programming across Massachusetts and in Colorado. EforAll’s one-year accelerator combines immersive business training, mentorship and access to an extended professional network. EforAll’s pitch competitions are fast-paced, fun community events that help early-stage entrepreneurs gain valuable exposure and feedback on a business idea. BII provides an annual grant to EforAll to support programming. Learn more
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The Chelsea Business Foundation invests in the development of the business community in Chelsea, MA and fosters increased access to resources for Chelsea’s Latino business community and other small businesses. Its goal is to create an engaged community by hosting events and providing resources, technical assistance, and financial support. CBF is an enabler for small business owners to grow and scale their businesses. In 2020, BII provided a loan and a line of credit to Chelsea Business Foundation. Learn more
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El Planeta is an integrated Latinx news company producing content and events relevant to the Latinx community in Massachusetts. Its reach spans to more than 200K people on a weekly basis through print, television, and digital. During the pandemic the readership has increased to 500K. With more than 10 countries represented in the staff, El Planeta is an essential link between organizations, companies, and government to the Latinx community and highlights stories of under- represented Latinx communities. In 2020, BII provided a line of credit to El Planeta. Learn more
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The Chelsea Business Foundation is a nonprofit organization that invests in the development of the business community in Chelsea, MA and fosters increased access to resources for Chelsea’s Latino business community and other small businesses. Its goal is to create an engaged community by hosting events and providing resources, technical assistance, and financial support. CBF is an enabler for small business owners to grow and scale their businesses. In 2020, BII provided a loan and a line of credit to Chelsea Business Foundation to support its technical assistance for small businesses.
https://bostonimpact.org/wp-content/uploads/2021/01/logo-chelsea.png131189deborahhttps://bostonimpact.org/wp-content/uploads/2018/01/BII_logo_2018_square_RGB_no_tag_220x165.pngdeborah2020-12-31 15:47:332021-02-08 15:53:37Nonprofit Chelsea Business Foundation Receives Loan from BII
El Planeta is an integrated Latinx news company producing content and events relevant to the Latinx community in Massachusetts. Its reach spans to more than 200K people on a weekly basis through print, television, and digital. During the pandemic the readership increased to 500K. With more than 10 countries represented in the staff, El Planeta is an essential link between organizations, companies, and government to the Latinx community and highlights stories of under- represented Latinx communities. In 2020, BII provided a line of credit to El Planeta.
El Planeta’s Javier Marin on working with Henry Noel Jr. to close his loan from BII:
“[Henry] knows exactly how to speak to a small minority business owner. We are small in size but giants in spirit. Our companies are our life. Henry managed to convince me that BII was more a partner than a lender. At the end, we both worked tirelessly to get the loan efficiently closed before year-end. I will always be grateful to him and BII. You guys bring more than just funding, it is like air to breathe, energy to think and force to grow.”
MentorWorks is a platform that helps to originate and facilitate Income Share Agreements (ISAs) in partnership with different universities and technical colleges. It is the first platform to provide income-share based education financing with career mentorship. In 2020, BII committed invested in MentorWorks through a special funding vehicle (SPV), enabling the company to fund the higher education of students, primarily of color, who are attending community colleges or enrolled in technical training programs in Boston. Learn more
MentorWorks aims to make higher education and technical training more accessible through income share agreements (ISAs). In partnership with different universities and community colleges, MentorWorks provides both income-share based education financing and career mentorship, the first platform to do so. In addition to expanding access to higher education, MentorWorks models inclusive ownership. 50% of the business is owned by people of color, and employees have equity in the company.
In 2020, BII invested in MentorWorks through a special funding vehicle (SPV), along with ECMC Foundation, enabling Mentorworks to fund the higher education of students, primarily of color, who are attending community colleges or enrolled in technical training programs in Boston.
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Boston Impact Initiative is looking for an Impact Investment Intern and a Marketing Intern for 8 to 10 hours per week during Spring Semester 2021. This is a remote and unpaid internship, but we can provide support needed to get school credit and/or funding.
Deadline for applications for Spring is Jan 1st. Email jobs@bostonimpact.com with a resume and brief cover letter. Please note the internship that you are applying for in the subject line of the email.
Please scroll down for internship descriptions.
Impact Investment Intern
Responsibilities
The Impact Investment Intern plays a significant role in BII’s integrated capital strategy. The primary responsibilities include working together with the Impact Investment Associate and Directors in analyzing prospective investments and providing on-going support to existing portfolio companies.
Maintain a thorough understanding of the investment thesis and mission of BII
Investment Analysis: Financial modeling, valuation, industry or asset class research, and general investment diligence
Portfolio Analysis: Support the Staff in performing analysis on existing investments, frequently with the intent of communicating conclusions and recommendations to the Staff or the Investment Committee
Administration: Maintenance of BII’s electronic files, operating / investment reports, and other reporting
Miscellaneous: Perform any such duty as necessary to support BII’s impact and financial processes.
Qualifications
Must be enrolled in an undergraduate or graduate degree program
Demonstrated interest in and understanding of economic justice, sustainability, and/or related topics
Excellent skills in quantitative analysis, problem solving and general critical thinking
Strong written and verbal communication skills
Resourceful, proactive, able to prioritize and navigate in a fast-paced team-oriented environment
Ability to manage multiple tasks and to meet deadlines
Excellent organization, attention to detail and follow-through
Unquestioned ability to handle confidential information in a professional manner
Possess analytical skills and an interest in financial markets, public policy and social and environmental issues
Proficiency with MS Office (Excel, Word, PowerPoint)
Knowledge of investment assets and markets. Knowledge of analytical methods for determining fair value and an investment’s merits. Knowledge of investment implementation methods and typical fund terms in both public and private asset classes
Marketing Intern
Responsibilities
The Marketing Intern plays a significant role in BII’s communications and social media strategy. The primary responsibilities include working with the Impact Director to manage communications materials and social media channels.
Maintain a thorough understanding of the investment thesis and mission of BII
Create communications collateral and write content for each new investment.
Curate content for social media channels (Twitter, Instagram, Facebook, LinkedIn), including portfolio updates, thought-leadership content, and other information.
Meet goals of organically growing followers across all social media platforms.
Miscellaneous: Perform any such duty as necessary to support BII’s impact and marketing processes.
Qualifications
Must be enrolled in an undergraduate or graduate degree program
Demonstrated interest in and understanding of economic justice, sustainability, and/or related topics
Excellent written and verbal communication skills
Familiarity with the use of social media in broader communication strategy
Resourceful, proactive, able to prioritize and navigate in a fast-paced team-oriented environment
Ability to manage multiple tasks and to meet deadlines
Excellent organization, attention to detail and follow-through
Unquestioned ability to handle confidential information in a professional manner
General understanding of investment principles, impact investing, small business, social entrepreneurship, and/or other related topics.
Proficiency with MS Office (Excel, Word, PowerPoint)
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Valley Home Insulation offers residential insulation and weatherization services in Lawrence and the surrounding Merrimack Valley. Following the 2018 gas explosions, Columbia Gas offered 100% reimbursement for insulation and weatherization services on all homes it serves in the Merrimack Valley through the end of 2020. VHI leverages cultural competency and community presence to provide these services to low- and moderate-income residents of this region. In 2020, BII made a loan to VHI to fuel their growth. Learn more
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Capital Good Fund is a Community Development Financial Institution that offers small loans and personal financial coaching to low-to-moderate income families. Their loans help people with less-than-perfect credit with a variety of expenses like medical bills, car purchases, immigration fees, and even unexpected emergencies, all at rates much lower than offered by payday lenders. In 2020, BII made a loan to CGF to bring immigration loans to Massachusetts and to increase the number of energy-efficiency loans for homeowners. Learn more
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The Black Economic Council of Massachusetts is a nonprofit organization that aims to advance the economic well-being of Black businesses, organizations that serve the Black community and Black residents of the state. BECMA organizes the Mass Black Expo, an annual event for Black businesses and supporters. In 2020, they played a key role in organizing the Black Mass Coalition, which set targets for private sector, philanthropy and state and local government, to work toward truly valuing Black lives. In 2019 and 2020, BII made grants to BECMA. Learn more
Amplify Latinx is a non-partisan, collaborative movement whose mission is to build Latinx economic and political power by significantly increasing Latinx civic engagement, economic opportunity and representation in leadership positions across sectors. As one of the largest Latinx networks in Greater Boston, their goal is to serve as a leading voice and advocate for our Latinx communities across Massachusetts by building a diverse, unified and powerful network of Latinx leaders and partner organizations. In 2020, BII made a grant to Amplify Latinx. Learn more
Valley Home Insulation is a Latinx-owned company that offers residential insulation and weatherization services in Lawrence and the surrounding Merrimack Valley. Following the 2018 gas explosions, Columbia Gas offered 100% reimbursement for insulation and weatherization services on all homes it serves in the Merrimack Valley through the end of 2020. VHI leverages cultural competency and community presence to provide these services to low- and moderate-income residents of this region.
In 2020, BII provided VHI with a term loan, enabling them to expand their business and purchase an additional truck. BII’s loan also helped VHI hire a second crew of three workers at a living wage.
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Holiday season is nearly upon us. Here’s how you can support local businesses and give your loved
ones something delicious or delightful to pull them out of the pandemic blues.
50 Kitchen is an American Southern fusion restaurant in Fields Corner, Dorchester. With tasty menu items like Shrimp & Grits, Smoked Brisket Bahn Mi, and Spicy Bang Bang Cauliflower, once you try it, you’ll be back for more! Order for pick up here, or you can dine-in for the full experience. (IG @chef_50)
88 Acres makes delicious bars, butters, ‘nola, and salad dressings from nutrient-rich sunflower, pumpkin, and watermelon seeds. You can buy their products from their online store and Whole Foods, Target, and other grocery stores. (IG @88acres)
Delectable Desires Pastries makes beautiful custom cakes for special occasions and delicious pies and baked good for the holidays! Located in West Roxbury. Call ahead to order today (617) 678-6001 (IG @delectabledesirespastries)
Done Good is the one-stop-shop for buying sustainable and ethically made products. You can find clothes and accessories, home décor, selfcare items, and outdoor goods from thousands of brands. You can even filter by your values, like Made in USA, Women/POC-owned, and Recycled/Upcycled. Get ADD’L $20 off $100+ purchase w/ code: BostonImpact20 until 12/31/20! (IG @donegoodteam)
Fresh Food Generation is a farm-to-plate caterer, food truck and café that serves up healthy Caribbean-inspired cuisine. Order catering for your next socially distanced backyard gathering or visit the truck when it is out and about in Boston. (IG @freshfoodgeneration)
Math Talk CEO, Omo Moses, wrote a sweet educational children’s book called Sometimes We Do, illustrated by Diego Chaves. It models ways for fathers to teach math to their small children in everyday interactions. It’s written for Pre-K and K children and you can purchase it for little ones in your life on the Tumblehome Publishers website, it’s also available at Target and Amazon.
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Capital Good Fund is a Community Development Financial Institution that offers small loans and personal financial coaching to low-to-moderate income families. Their loans help people with less-than-perfect credit with a variety of expenses like medical bills, car purchases, immigration fees, and even unexpected emergencies, all at rates much lower than offered by payday lenders. In November, BII closed debt and grant investments with Capital Good Fund.
With BII’s funding, Capital Good Fund is introducing their immigration loan product to MA, helping people affordably cover the costs of immigration application! BII provided a grant so that the loans can be offered at a lower rate in our state. Additionally, we are supporting their DoubleGreen Loan product, an interest free loan that helps homeowners become more energy efficient.
https://bostonimpact.org/wp-content/uploads/2020/11/Copy-of-Staff-Photo-Aug-2018-scaled.jpg7922560deborahhttps://bostonimpact.org/wp-content/uploads/2018/01/BII_logo_2018_square_RGB_no_tag_220x165.pngdeborah2020-11-12 16:13:192020-11-25 16:18:49Capital Good Fund Partners with BII to Bring Immigration Loans to MA
Henry Noël Jr describes himself as a passionate champion of rigorous investment analysis coupled with purposeful attention to measurable, social and environmental impact. He has over 20 years of experience evaluating investment opportunities, structuring securities, raising capital and financing business growth. As a manager with experience in investment management and strategic corporate consultancy, Henry brings tremendous insight and value to clients ranging from early-stage private ventures to public micro- and mid-cap companies. Henry is focused on the intersection of impact investing, economic justice, and building resilience in inner-city communities from the ground up.
Henry replaces Pablo Limon, who is departing this month to return home to Mexico City to work with his family business. He offered these words to share with the BII community: “It has been a privilege and honor to help bring BII’s integrated Capital approach to many businesses over the past two years. I am thrilled that Henry Noël Jr. will be joining the team as Investment Director, and he brings with him a wealth of experience and relationships. I have no doubt that BII’s investment thesis is as relevant now as ever, and there’s still plenty of work to do to help close the racial wealth divide in Eastern Massachusetts” Good luck, Pablo! We are eagerly awaiting your call one day to say you’re ready to start the Mexico City Impact Initiative!
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Founded in 1969 as a service center to assist low-income Somerville residents, the Somerville Community Corporation (SCC) has served as a community organizing hub and service provider for over fifty years. A membership-based organization rooted in the Somerville community, the SCC established Somerville’s first soup kitchen and has led numerous successful campaigns to improve access to quality affordable housing. More recently, the SCC has launched participatory community planning initiatives and supported the Community Benefits Agreement in order to combat destructive gentrification.
BII is proud to partner with the SCC as it continues to advocate for affordable housing and economic opportunity in Somerville. In addition to representing the interests of low- and mid-income Somerville residents, the SCC provides quality benefits to its employees, 30% of whom are people of color and 41% of whom are women. By providing the SCC with a bridge loan in 2019 and again in 2020, BII has allowed them to acquire new affordable housing units for the primarily low-income and immigrant families they serve while continuing their advocacy for the Somerville community. Learn more.
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Boston Impact Initiative is looking for a Marketing Intern for 8 to 10 hours per week during Fall Semester to write content for our website and social media channels and help with virtual event planning. This is a remote and unpaid internship, but we can provide support needed to get school credit and/or funding.
Email jobs@bostonimpact.com with a resume and brief cover letter if you’re interested! Deadline for applications for Fall is Sept 15th.
Responsibilities
The Marketing Intern plays a significant role in BII’s communications and social media strategy. The primary responsibilities include working with the Impact Director to manage communications materials and social media channels.
Maintain a thorough understanding of the investment thesis and mission of BII
Create communications collateral and write content for each new investment.
Update social media channels (Twitter, Instagram, Facebook, LinkedIn) with portfolio updates, thought-leadership content, and other information.
Meet goals of organically growing followers across all social media platforms.
Assist in planning virtual events as needed.
Miscellaneous: Perform any such duty as necessary to support BII’s impact and marketing processes.
Qualifications
Must be enrolled in an undergraduate or graduate degree program
Demonstrated interest in and understanding of economic justice, sustainability, and/or related topics
Excellent written and verbal communication skills
Familiarity with the use of social media in broader communication strategy
Resourceful, proactive, able to prioritize and navigate in a fast-paced team-oriented environment
Ability to manage multiple tasks and to meet deadlines
Excellent organization, attention to detail and follow-through
Unquestioned ability to handle confidential information in a professional manner
General understanding of investment principles, impact investing, small business, social entrepreneurship, and/or other related topics.
Proficiency with MS Office (Excel, Word, PowerPoint)
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AllHere, a software startup founded and headquartered in Boston, combats absenteeism in public school districts through technological services. The platform helps educators document absences, recognize patterns of absenteeism, and create action plans. AllHere’s products have been shown to successfully recover 47% of truant students, reduce chronic absenteeism by 30%, and improve the attendance of 83% of all students. In 2020, BII made an equity investment in AllHere to fund growth. Learn more
BII Seeks Impact Investment Associate
/in BII Fund Announcements /by deborahJOB DESCRIPTION
Impact Investment Associate
Location: Boston, MA
Industry: Non-profit / Financial Services
Employment Type: Full-time
Contact: jobs@bostonimpact.com
Overview
The Boston Impact Initiative Fund is an impact investing fund dedicated to closing the racial wealth divide. We invest integrated capital (equity, debt and grants) in regenerative local enterprises that restore the productive capacity of communities of color in Eastern Massachusetts. We are a 501(c)3 charitable loan fund that has raised $7M from values-aligned accredited and non-accredited investors. We also host a cohort of 11 communities around the country seeking to design and launch integrated capital funds dedicated to closing the racial wealth divide.
BII pioneers an integrated capital approach for capital deployment. We believe that we can best support the creation of resilient local economies by using a range of integrated capital tools: loans, credit enhancements, equity investments, royalty finance, direct public offerings, crowdfunding, grants and more.
Responsibilities
The Impact Investment Associate plays a significant role in BII’s integrated capital strategy. The primary responsibilities include vetting prospective investments and providing on-going support to existing portfolio companies. Responsibilities also include:
Qualifications
Compensation and Benefits
This is a full-time, exempt position. The salary range is $50,000 – $65,000 and commensurate with experience. Boston Impact Initiative offers a work environment that supports the unique needs of each employee to balance work and life. We offer a benefits package that includes an employee bonus pool, remote and flexible work options, health coverage, paid time off and professional development support.
How to Apply
The Boston Impact Initiative is an equal opportunity employer. Boston residents, women, people of color, immigrants, queer and gender nonconforming people strongly encouraged to apply.
To apply, please email your cover letter, resume, up to 3 references, and a link to your portfolio or examples of relevant work to jobs@bostonimpact.com.
In your cover letter, please answer the following questions with no more than 3-5 bullet points per question:
Our ideal start date for this role is April 2021 with interviews beginning in late February 2021. Applications will be evaluated as they arrive and the position will remain open until filled.
Job Posted on DATE 2/9/21
BII Seeks Senior Communications Associate
/in BII Fund Announcements /by deborahJOB DESCRIPTION
Senior Communications Associate
Location: Boston, MA
Industry: Non-profit / Financial Services
Employment Type: Full-time
Contact: jobs@bostonimpact.com
The Boston Impact Initiative Fund is an impact investing fund dedicated to closing the racial wealth divide. We invest integrated capital (equity, debt and grants) in regenerative local enterprises that restore the productive capacity of communities of color in Eastern Massachusetts. We are a 501(c)3 charitable loan fund that has raised $7M from values-aligned accredited and non-accredited investors. We also host a cohort of 11 communities around the country seeking to design and launch integrated capital funds dedicated to closing the racial wealth divide.
Position
We are seeking a full-time Senior Communications Associate to partner with our team in creating content, conversations and events that engage stakeholders both locally and nationally in learning what it takes to invest to close the racial wealth divide. We are seeking someone who shares our beliefs that:
The Senior Communications Associate will help make visible what we’re learning through: producing content for our digital assets (social media, website, newsletter, impact report and videos); producing media assets for our stakeholders (such as cohort members); assessing the impact of our content through insights and data; placing articles; identifying platforms and partners for distributing our curriculum; and designing and hosting events.
ROLES AND RESPONSIBILITIES
DESIRED SKILLS AND EXPERIENCE
Compensation and Benefits
This is a full-time, exempt position. The salary range is $65,000 – $80,000 and commensurate with experience. Boston Impact Initiative offers a work environment that supports the unique needs of each employee to balance work and life. We offer a benefits package that includes an employee bonus pool, remote and flexible work options, health coverage, paid time off and professional development support.
How to Apply
The Boston Impact Initiative is an equal opportunity employer. Boston residents, women, people of color, immigrants, queer and gender nonconforming people strongly encouraged to apply.
To apply, please email your cover letter, resume, up to 3 references, and a link to your portfolio or examples of relevant work to jobs@bostonimpact.com.
In your cover letter, please answer the following questions with no more than 3-5 bullet points per question:
Our ideal start date for this role is April 2021 with interviews beginning in late February 2021. Applications will be evaluated as they arrive and the position will remain open until filled.
Job Posted on DATE 2/9/21
E for All
/in BII Fund Portfolio, Portfolio /by deborahEntrepreneurship for All (EforAll) is a nonprofit organization that supports small businesses and nonprofits through inclusive English/Spanish programming across Massachusetts and in Colorado. EforAll’s one-year accelerator combines immersive business training, mentorship and access to an extended professional network. EforAll’s pitch competitions are fast-paced, fun community events that help early-stage entrepreneurs gain valuable exposure and feedback on a business idea. BII provides an annual grant to EforAll to support programming. Learn more
Chelsea Business Foundation
/in BII Fund Portfolio, Portfolio /by deborahThe Chelsea Business Foundation invests in the development of the business community in Chelsea, MA and fosters increased access to resources for Chelsea’s Latino business community and other small businesses. Its goal is to create an engaged community by hosting events and providing resources, technical assistance, and financial support. CBF is an enabler for small business owners to grow and scale their businesses. In 2020, BII provided a loan and a line of credit to Chelsea Business Foundation. Learn more
El Planeta
/in BII Fund Portfolio, Portfolio /by deborahEl Planeta is an integrated Latinx news company producing content and events relevant to the Latinx community in Massachusetts. Its reach spans to more than 200K people on a weekly basis through print, television, and digital. During the pandemic the readership has increased to 500K. With more than 10 countries represented in the staff, El Planeta is an essential link between organizations, companies, and government to the Latinx community and highlights stories of under- represented Latinx communities. In 2020, BII provided a line of credit to El Planeta. Learn more
build your hand
/in Card Deck /by deborahplay your hand
/in Card Deck /by deborahrole play
/in Card Deck /by deborahNonprofit Chelsea Business Foundation Receives Loan from BII
/in BII Fund Announcements /by deborahThe Chelsea Business Foundation is a nonprofit organization that invests in the development of the business community in Chelsea, MA and fosters increased access to resources for Chelsea’s Latino business community and other small businesses. Its goal is to create an engaged community by hosting events and providing resources, technical assistance, and financial support. CBF is an enabler for small business owners to grow and scale their businesses. In 2020, BII provided a loan and a line of credit to Chelsea Business Foundation to support its technical assistance for small businesses.
Learn more about Chelsea Business Foundation
El Planeta Receives BII Loan to Meet Growing Demand
/in BII Fund Announcements /by deborahEl Planeta is an integrated Latinx news company producing content and events relevant to the Latinx community in Massachusetts. Its reach spans to more than 200K people on a weekly basis through print, television, and digital. During the pandemic the readership increased to 500K. With more than 10 countries represented in the staff, El Planeta is an essential link between organizations, companies, and government to the Latinx community and highlights stories of under- represented Latinx communities. In 2020, BII provided a line of credit to El Planeta.
El Planeta’s Javier Marin on working with Henry Noel Jr. to close his loan from BII:
“[Henry] knows exactly how to speak to a small minority business owner. We are small in size but giants in spirit. Our companies are our life. Henry managed to convince me that BII was more a partner than a lender. At the end, we both worked tirelessly to get the loan efficiently closed before year-end. I will always be grateful to him and BII. You guys bring more than just funding, it is like air to breathe, energy to think and force to grow.”
Learn more about El Planeta
PHILADELPHIA – BROOKLYN
/in Cohort /by deborahMentorWorks
/in BII Fund Portfolio, Portfolio /by deborahMentorWorks is a platform that helps to originate and facilitate Income Share Agreements (ISAs) in partnership with different universities and technical colleges. It is the first platform to provide income-share based education financing with career mentorship. In 2020, BII committed invested in MentorWorks through a special funding vehicle (SPV), enabling the company to fund the higher education of students, primarily of color, who are attending community colleges or enrolled in technical training programs in Boston. Learn more
MentorWorks Partners with Impact Investors to Fund ISAs
/in BII Fund Announcements /by deborahMentorWorks aims to make higher education and technical training more accessible through income share agreements (ISAs). In partnership with different universities and community colleges, MentorWorks provides both income-share based education financing and career mentorship, the first platform to do so. In addition to expanding access to higher education, MentorWorks models inclusive ownership. 50% of the business is owned by people of color, and employees have equity in the company.
In 2020, BII invested in MentorWorks through a special funding vehicle (SPV), along with ECMC Foundation, enabling Mentorworks to fund the higher education of students, primarily of color, who are attending community colleges or enrolled in technical training programs in Boston.
Learn more about MentorWorks
ATLANTA
/in Cohort /by deborahBII Seeks Interns for Spring 2021
/in BII Fund Announcements /by deborahBoston Impact Initiative is looking for an Impact Investment Intern and a Marketing Intern for 8 to 10 hours per week during Spring Semester 2021. This is a remote and unpaid internship, but we can provide support needed to get school credit and/or funding.
Deadline for applications for Spring is Jan 1st. Email jobs@bostonimpact.com with a resume and brief cover letter. Please note the internship that you are applying for in the subject line of the email.
Please scroll down for internship descriptions.
Impact Investment Intern
Responsibilities
The Impact Investment Intern plays a significant role in BII’s integrated capital strategy. The primary responsibilities include working together with the Impact Investment Associate and Directors in analyzing prospective investments and providing on-going support to existing portfolio companies.
Qualifications
Marketing Intern
Responsibilities
The Marketing Intern plays a significant role in BII’s communications and social media strategy. The primary responsibilities include working with the Impact Director to manage communications materials and social media channels.
Qualifications
Valley Home Insulation
/in BII Fund Portfolio, Portfolio /by deborahValley Home Insulation offers residential insulation and weatherization services in Lawrence and the surrounding Merrimack Valley. Following the 2018 gas explosions, Columbia Gas offered 100% reimbursement for insulation and weatherization services on all homes it serves in the Merrimack Valley through the end of 2020. VHI leverages cultural competency and community presence to provide these services to low- and moderate-income residents of this region. In 2020, BII made a loan to VHI to fuel their growth. Learn more
Capital Good Fund
/in BII Fund Portfolio, Portfolio /by deborahCapital Good Fund is a Community Development Financial Institution that offers small loans and personal financial coaching to low-to-moderate income families. Their loans help people with less-than-perfect credit with a variety of expenses like medical bills, car purchases, immigration fees, and even unexpected emergencies, all at rates much lower than offered by payday lenders. In 2020, BII made a loan to CGF to bring immigration loans to Massachusetts and to increase the number of energy-efficiency loans for homeowners. Learn more
BECMA
/in BII Fund Portfolio, Portfolio /by deborahThe Black Economic Council of Massachusetts is a nonprofit organization that aims to advance the economic well-being of Black businesses, organizations that serve the Black community and Black residents of the state. BECMA organizes the Mass Black Expo, an annual event for Black businesses and supporters. In 2020, they played a key role in organizing the Black Mass Coalition, which set targets for private sector, philanthropy and state and local government, to work toward truly valuing Black lives. In 2019 and 2020, BII made grants to BECMA. Learn more
Amplify Latinx
/in BII Fund Portfolio, Portfolio /by deborahAmplify Latinx is a non-partisan, collaborative movement whose mission is to build Latinx economic and political power by significantly increasing Latinx civic engagement, economic opportunity and representation in leadership positions across sectors. As one of the largest Latinx networks in Greater Boston, their goal is to serve as a leading voice and advocate for our Latinx communities across Massachusetts by building a diverse, unified and powerful network of Latinx leaders and partner organizations. In 2020, BII made a grant to Amplify Latinx. Learn more
Valley Home Insulation Receives Investment to Expand During Pandemic
/in BII Fund Announcements /by deborahValley Home Insulation is a Latinx-owned company that offers residential insulation and weatherization services in Lawrence and the surrounding Merrimack Valley. Following the 2018 gas explosions, Columbia Gas offered 100% reimbursement for insulation and weatherization services on all homes it serves in the Merrimack Valley through the end of 2020. VHI leverages cultural competency and community presence to provide these services to low- and moderate-income residents of this region.
In 2020, BII provided VHI with a term loan, enabling them to expand their business and purchase an additional truck. BII’s loan also helped VHI hire a second crew of three workers at a living wage.
Learn more about VHI
BII Businesses You Should Buy From
/in BII Fund Announcements /by deborahHoliday season is nearly upon us. Here’s how you can support local businesses and give your loved
ones something delicious or delightful to pull them out of the pandemic blues.
50 Kitchen is an American Southern fusion restaurant in Fields Corner, Dorchester. With tasty menu items like Shrimp & Grits, Smoked Brisket Bahn Mi, and Spicy Bang Bang Cauliflower, once you try it, you’ll be back for more! Order for pick up here, or you can dine-in for the full experience. (IG @chef_50)
88 Acres makes delicious bars, butters, ‘nola, and salad dressings from nutrient-rich sunflower, pumpkin, and watermelon seeds. You can buy their products from their online store and Whole Foods, Target, and other grocery stores. (IG @88acres)
Delectable Desires Pastries makes beautiful custom cakes for special occasions and delicious pies and baked good for the holidays! Located in West Roxbury. Call ahead to order today (617) 678-6001 (IG @delectabledesirespastries)
Done Good is the one-stop-shop for buying sustainable and ethically made products. You can find clothes and accessories, home décor, selfcare items, and outdoor goods from thousands of brands. You can even filter by your values, like Made in USA, Women/POC-owned, and Recycled/Upcycled. Get ADD’L $20 off $100+ purchase w/ code: BostonImpact20 until 12/31/20! (IG @donegoodteam)
Fresh Food Generation is a farm-to-plate caterer, food truck and café that serves up healthy Caribbean-inspired cuisine. Order catering for your next socially distanced backyard gathering or visit the truck when it is out and about in Boston. (IG @freshfoodgeneration)
Math Talk CEO, Omo Moses, wrote a sweet educational children’s book called Sometimes We Do, illustrated by Diego Chaves. It models ways for fathers to teach math to their small children in everyday interactions. It’s written for Pre-K and K children and you can purchase it for little ones in your life on the Tumblehome Publishers website, it’s also available at Target and Amazon.
Sweet Teez Bakery is a nut-free baker that makes gorgeous cakes and cupcakes with your logo in edible frosting! They are also known for their special Jamaican Rum Cake. See all their offerings and order online or fill out this form for a special occasion order. (IG @sweetteezbakery)
Capital Good Fund Partners with BII to Bring Immigration Loans to MA
/in BII Fund Announcements /by deborahCapital Good Fund is a Community Development Financial Institution that offers small loans and personal financial coaching to low-to-moderate income families. Their loans help people with less-than-perfect credit with a variety of expenses like medical bills, car purchases, immigration fees, and even unexpected emergencies, all at rates much lower than offered by payday lenders. In November, BII closed debt and grant investments with Capital Good Fund.
With BII’s funding, Capital Good Fund is introducing their immigration loan product to MA, helping people affordably cover the costs of immigration application! BII provided a grant so that the loans can be offered at a lower rate in our state. Additionally, we are supporting their DoubleGreen Loan product, an interest free loan that helps homeowners become more energy efficient.
Learn more about CGF
Henry Noël Jr Joins BII as Investment Director
/in BII Fund Announcements /by deborahHenry Noël Jr describes himself as a passionate champion of rigorous investment analysis coupled with purposeful attention to measurable, social and environmental impact. He has over 20 years of experience evaluating investment opportunities, structuring securities, raising capital and financing business growth. As a manager with experience in investment management and strategic corporate consultancy, Henry brings tremendous insight and value to clients ranging from early-stage private ventures to public micro- and mid-cap companies. Henry is focused on the intersection of impact investing, economic justice, and building resilience in inner-city communities from the ground up.
Henry replaces Pablo Limon, who is departing this month to return home to Mexico City to work with his family business. He offered these words to share with the BII community: “It has been a privilege and honor to help bring BII’s integrated Capital approach to many businesses over the past two years. I am thrilled that Henry Noël Jr. will be joining the team as Investment Director, and he brings with him a wealth of experience and relationships. I have no doubt that BII’s investment thesis is as relevant now as ever, and there’s still plenty of work to do to help close the racial wealth divide in Eastern Massachusetts” Good luck, Pablo! We are eagerly awaiting your call one day to say you’re ready to start the Mexico City Impact Initiative!
NEW YORK STATE
/in Cohort /by deborahHenry Noël Jr.
/in Team /by deborahTWIN CITIES
/in Cohort /by deborahSomerville Community Corporation Receives Second Bridge Loan for Affordable Housing Project
/in BII Fund Announcements /by deborahFounded in 1969 as a service center to assist low-income Somerville residents, the Somerville Community Corporation (SCC) has served as a community organizing hub and service provider for over fifty years. A membership-based organization rooted in the Somerville community, the SCC established Somerville’s first soup kitchen and has led numerous successful campaigns to improve access to quality affordable housing. More recently, the SCC has launched participatory community planning initiatives and supported the Community Benefits Agreement in order to combat destructive gentrification.
BII is proud to partner with the SCC as it continues to advocate for affordable housing and economic opportunity in Somerville. In addition to representing the interests of low- and mid-income Somerville residents, the SCC provides quality benefits to its employees, 30% of whom are people of color and 41% of whom are women. By providing the SCC with a bridge loan in 2019 and again in 2020, BII has allowed them to acquire new affordable housing units for the primarily low-income and immigrant families they serve while continuing their advocacy for the Somerville community. Learn more.
BII Seeks Marketing Intern for Fall
/in BII Fund Announcements /by deborahBoston Impact Initiative is looking for a Marketing Intern for 8 to 10 hours per week during Fall Semester to write content for our website and social media channels and help with virtual event planning. This is a remote and unpaid internship, but we can provide support needed to get school credit and/or funding.
Email jobs@bostonimpact.com with a resume and brief cover letter if you’re interested! Deadline for applications for Fall is Sept 15th.
Becky Regan
/in Team /by deborahAllHere
/in BII Fund Portfolio, Portfolio /by deborahAllHere, a software startup founded and headquartered in Boston, combats absenteeism in public school districts through technological services. The platform helps educators document absences, recognize patterns of absenteeism, and create action plans. AllHere’s products have been shown to successfully recover 47% of truant students, reduce chronic absenteeism by 30%, and improve the attendance of 83% of all students. In 2020, BII made an equity investment in AllHere to fund growth. Learn more