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 and in 2020, we provided bridge financing to help smooth cash flows. 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

Urban Farming Institute

The Urban Farming Institute of Boston, located at the historic Fowler Clark Epstein Farm in Mattapan, provides farmer training, creates green collar jobs and engages urban communities in building a healthy, local food system. The non-profit organization reclaims and restores vacant lots, transforming them into functioning urban farms.  In 2018, BII Fund provided bridge finance to support the acquisition of equipment and supplies for the upcoming farming season. Learn more

Fresh Food Generation

Fresh Food Generation is a cafe, food truck and catering business serving on-the-go real foods. The company sources ingredients from local farms and prepares meals inspired by Latin American and Caribbean cuisine. After three years of operating, the company is now becoming a competitive city-wide catering business. In 2018, BII Fund provided a line of credit and convertible debt coupled with an innovative “self-liquidating equity” structure which allows management to buy back equity at fair and mutually agreed upon price. Learn more

Cooperative Fund of New England

The Cooperative Fund of New England (CFNE) is a community development loan fund that facilitates socially responsible investing in cooperatives, community-oriented nonprofits, and worker-owned businesses in New England and New York. CFNE provides financial products, business assistance, and investment opportunities that promote socially conscious enterprise. Boston Impact Initiative is an investor in CFNE’s Social Investment Fund, as well as a frequent co-investor in direct lending to cooperatives. Learn more

M.S. Peltier Insurance

M.S. Peltier Insurance is a black-owned business with expertise in the construction, marine, real estate and transportation industries. The company plans to maintain at least 50 percent employees of color as it grows its workforce. M.S. Peltier has a long history of serving Dorchester and Caribbean communities. Boston Impact Initiative provided a loan to support the acquisition of new clients.

WeSpire

WeSpire is an employee engagement platform that supports large organizations to design, deliver and measure the benefits of positive impact programs like sustainability, corporate social responsibility and positive culture initiatives. In 2017, BII Fund made a convertible preferred investment in the platform to ensure that its diversity/inclusion module has the quality of content and influence that can transform the way corporate and nonprofit employees think about racial and economic justice. Learn more

Delectable Desires

Delectable Desires Pastries provides gourmet home-baked goods from scratch, specializing in event cakes. DDP opened its first retail store in West Roxbury in 2015, followed by a South Station kiosk a year later. Owner Carlene O’Garro, a Mattapan native, says that her Caribbean roots influence her use of ingredients and baking style. Forgoing law school to pursue her passion, Carlene has received numerous awards for DDP. In 2017, BII Fund provided a working capital loan to support growth. Learn more

 

CERO

CERO (Cooperative Energy Recycling and Organics) is a worker-owned cooperative that collects waste from local businesses. CERO’s waste separation systems increase reclamation and sale of clean paper, plastics, metals, waste vegetable oil and organic food waste, reducing trash sent to landfill and incinerators by 50 percent or more. CERO has been a long-time portfolio member of the Boston Impact Initiative LLC. In 2017, BII Fund provided a loan for working capital. Learn more

88 Acres

88 Acres is an artisan food enterprise, producing healthy snacks free of the top eight food allergens. The company seeks to craft foods with the simplest and most sustainably sourced ingredients, create transparency throughout their supply chain and promote healthy living and food awareness among consumers. 88 Acres is manufacturing in Dorchester, creating over a dozen jobs in a low-income community. In 2014, Boston Impact Initiative LLC made a convertible debt investment to help 88 Acres launch its business. Learn more