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 Hinojos 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

Sweet Teez

Sweet Teez Bakery is a nut-free bakery founded by Dorchester native Teresa Thompson Maynard. Growing up with food allergies and now raising kids with food allergies, Teresa realized that just one peanut can make the search for a good cupcake near impossible. So she set out to provide customers with high quality baked goods made to meet their nut-free needs and delight their taste buds. In 2018, BII Fund provided purchase order finance to help Sweet Teez fulfill a Whole Foods order of 48,000 pies. Learn more

Quality Interactions

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. In 2018, BII Fund made a convertible debt investment to support product development and growth. Learn more

TC’s Repair Service

TC’s Repair Service specializes in repairing commercial coffee brewers, grinders, espresso machines, hot water towers and juice dispensers. The company serves coffee chain shops, cafes, restaurants and coffee machine manufacturers. Husband-and-wife team Mario and Rachel Rodrigues decided to acquire the company based on Mario’s experience as a customer of TC’s Repair when he worked at Equal Exchange. In 2018, BII Fund provided financing for the acquisition. Learn more

COHIF

Coalition of Occupied Homes in Foreclosure (COHIF) works to stabilize the Greater Four Corners neighborhood of Dorchester by helping residents of foreclosed homes to stay in their homes, developing permanently affordable housing, and helping extend these efforts in other neighborhoods. The organization intends to place its homes into a community land trust. In 2018, BII Fund provided a loan to support COHIF’s Community Stabilization Pilot Project, advancing crucial anti-displacement strategies in Boston. Learn more

Mobile Cuts

Mobile Cuts is a mobile barbershop that brings salon services right to your doorstep. The company is capitalizing on the growing trend of corporations and universities to offer services through vendors that stop by one day a week or for a couple hours at a time. In 2018, BII Fund provided a loan for working capital and to purchase and renovate a second mobile truck. Learn more