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 and going on to college or another post-secondary program. In 2019, BII provided a line of credit to help EVKids navigate funding cycles. Learn more

Pristine Engineers Inc

Pristine Engineers provides engineering, design, and construction administration services on HVAC, electrical, plumbing, fire protection and renewable energy systems. They design energy-efficient systems for buildings in New England that result in energy and water savings. The founder, Golam Mustafa, is committed to hiring diverse team members and providing opportunities for career development. In 2019, BII Fund made a loan to support company growth. Learn more

Math Talk PBC

Math Talk is a community-focused education technology Public Benefit Corporation based in Cambridge, MA. Using playful installations, technology and books, Math Talk promotes early math and language development among children. It uses the latest scientific research on cognitive development and is rooted in the cultures of local communities of color. In 2019, BII Fund made an investment to enable the company to further develop its Mathscapes and mobile app. Learn more

TARTTs Day Care Centers

Tartts Day Care is family-owned business that provides quality childcare services for children ages two months to five years. Founded by African-American nurse Bessie Tartt Wilson in 1946, the company is now run by second, third, and forth generation family members. They currently serve over 250 children a year and plan to operate five boutique childcare centers in the Boston area by 2024. In 2019, BII made a loan for operational expenses of establishing a new center. Learn more

Five Star Plating

Five Star Plating provides quality metal coating and plating services in Massachusetts. Headquartered in Lawrence, MA, they employ over 47 community members and plan to grow their productive capacity, offer new services, and automate processes, adding 30 more jobs in the next three years. The CEO and founder, Fausto Garcia, is a Latino business owner with more than 20 years of experience in the metal plating industry. In 2019, BII Fund provided Five Star Plating with a loan to facilitate this growth. Learn more

Sunwealth

Sunwealth is a pioneering clean energy investment firm working to unleash the power of commercial solar by delivering meaningful returns and tangible impact. In 2017, the company received loans from the BII pilot fund to help finance clean energy on houses of worship and to aggregate solar energy on low-income housing and anchor non-profits in economically distressed neighborhoods. In 2019, BII Fund made an equity investment into Sunwealth to support the company’s growth. Learn more

Commonwealth Kitchen

Commonwealth Kitchen is a nonprofit culinary incubator that provides shared kitchen space for small food-related businesses. Since 2009, CWK has launched more than 120 businesses. The incubator currently services 50 businesses per month, 70 percent of which are women- or minority-owned, and has created over 350 jobs. BII has been investing in CWK since 2013. In 2019, BII provided a grant to the Dorchester-based commercial kitchen to support local food entrepreneurs. Learn more

Meetcaregivers

Meetcaregivers

Meetcaregivers is a home healthcare business that connects families with pre-screened and qualified caregivers for their aging parents at as much as half the cost of traditional agencies. Recently, the business developed a basic/free version of an app that can track and coordinate health among caregiver and family members. In 2019, BII Fund provided a growth capital loan to support the company’s plans to develop the app and expand their technology, marketing and sales teams. Learn more. 

Somerville Community Corporation

Somerville Community Corporation is a membership organization that offers services and leads community organizing with low- and moderate-income Somerville residents. They focus on access to affordable housing, employment programs that connect workers to good jobs, and leadership and civic participation within underrepresented communities. In 2019, BII Fund provided a loan to support their plans to acquire new affordable housing units. Learn more

 

Futuro Media

Futuro Media Group creates multimedia content for and about underrepresented communities 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 FMG and in 2020, BII provided a term loan and a line of credit for growth and navigation of funding cycles. Learn more