What We Look For
BII Fund II prioritizes investments in enterprises that address an unmet need or issue affecting communities of color, build climate resilience and expand clean energy solutions, and grow worker or community power and voice, including co-ops, worker-owned and unionized businesses.
We are also seeking to invest in commercial and residential real estate projects that support community ownership or control of land to prevent displacement.
Who We Invest In
- Ownership: Enterprises owned by people of color (Asian, Black, Latino, Indigenous) and commercial and residential real estate projects that have community-ownership or governance/control, including projects owned by developers of color)
- Impact: Builds financial, social, and political power for communities of color
- Stage: Pre-Seed, Seed, Start-up, and Growth
- Location: Massachusetts and the Northeast
What We Invest In
BII Fund II is sector agnostic, but will prioritize the following types of investments:
Social Enterprises Owned by People of Color
- Addresses an unmet need or issue affecting communities of color
- Builds climate resilience and expands regenerative products, services and solutions that help communities of color adapt to climate change.
- Grows worker or community power and voice, including co-ops, worker-owned and unionized businesses.
Community-Controlled Real Estate
- Increases diverse ownership and control over commercial and residential buildings and land, while preventing displacement
- Adds tranches of community ownership in real estate
- Offers residents and business owners ownership stakes and decision-making in how real estate assets are allocated
Investment Range
As an integrated capital fund, BII is uniquely positioned to provide a range of investment types to meet your financing needs, including term loans, lines of credit, revenue-based financing, convertible notes, and equity.
Investment Ranges:
- Small Business Equity: $100,000-$1,000,000
- Small Business Debt: $100,000-$500,000
- Real Estate Debt & Equity: $500,000-$2,000,000
Type of Capital
Debt & Equity
BII Fund II integrated capital tools include Debt & Equity.
Entrepreneur FAQs
See BII Fund II Entrepreneur Frequently Asked Questions for answers to additional questions.
Business Support
We know that financial capital is not enough. Founders also need knowledge and social capital to build sustainable organizations. We work with community partners to provide technical assistance, business coaching, connections, and educational programming that supports our portfolio investments. Strategic business supports and connections strengthen the impact of our enterprises in their communities and improves the effectiveness of entrepreneurial services in and beyond Massachusetts.
Tell us about your business
If you are seeking capital, please tell us about your business. Complete the form below in order to begin the investment consideration process. Before reaching out, please make sure you review What We Look For and Who We Invest In to see if you meet the criteria.
