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. Garcia and his business have been selected as recipients of the Eastern Bank Business Initiative, and alongside a BEI strategic advisor, they are executing a strategic growth plan. In 2019, BII provided Five Star Plating a loan to facilitate this growth. Learn more

Somerville Community Corporation

Somerville Community Corporation is a membership organization that offers services and leads community organizing supporting 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 90-day bridge loan to acquire new affordable housing units. 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. Futuro has developed the Community Podcast Lab, a 15-week pilot program in Boston focused on elevating the narratives and cultivating the story-telling skills of people of color in Boston. In 2019, BII provided a bridge loan to support podcast development. Learn more

50 Kitchen

50 Kitchen is a restaurant and catering service in Fields Corner, Dorchester. The fusion cuisine menu featuring Asian and Southern influence is inspired by the neighborhood’s multicultural population. Husband-and-wife owners Anthony and Evette Caldwell are committed to creating job opportunities in the local community. In 2019, BII Fund partnered with LEAF, the City of Boston, and a landlord improvement allowance to provide start-up capital. Learn more

 

Care Academy

Care Academy provides professional and family caregivers with high-quality online training classes to help deliver the best care to older adults with the support, guidance and compassion needed to improve their quality of life. The platform makes it easier for caregivers to upskill and continue their education to better serve clients and advance their careers. Co-founders Helen Adeosun and Dr. Madhuri Reddy are committed to serving caregivers who, like themselves, are often women of color and immigrants. In 2018, BII Fund participated in an equity round. Learn more

Maven Construction

Maven Construction is a woman- and minority-owned general contracting firm that provides construction management services. The Dorchester-based start-up focuses on energy efficiency projects with healthcare and research institutions, multi-family housing, educational institutions and municipal projects. Founder JocCole “JC” Burton is a construction industry veteran who plans to develop innovative construction careers for people of color and women. In 2018, BII Fund provided project finance to support an energy efficiency project with Howard University. Learn more