We meet entrepreneurs where they are
Since 2017, BII has deployed $18 million across New England through flexible debt and equity financing to businesses, cooperatives, and real estate projects.
Directly from Our Portfolio
All In Energy
All In Energy is a Boston-based nonprofit organization that seeks to accelerate an inclusive, clean energy economy for underserved communities in Massachusetts. They are also increasing energy sector job opportunities for diverse talent through their internship program with local universities and community colleges.
And Still We Rise
ASWR provides liberation focused therapy services to individuals and communities who, historically, are overlooked or marginalized by the mental health field — women, BIPoC, queer, and trans folks. ASWR also provides consulting services to public and private organizations seeking to further their inclusion and belonging efforts, provide support to marginalized members, and/or reckon with events of racism, bias, or violence. ASWR’s stated aim is to dismantle oppressive systems, liberate marginalized people and provide culturally affirming psychotherapy, consultation, and life-coaching services.
Ayni Institute
Ayni Institute is a training and research institute for movements and organizations in social change that are seeking to bring about a more reciprocal world. They are dedicated to developing frameworks, material, and content that can help social change organizations and leaders develop strategy and become resilient leaders. They also work to protect and expand the knowledge of indigenous wisdom, reciprocity, and memory, particularly from Latin America, through trainings and other cultural preservation projects. The word Ayni means “reciprocity” in Aymara, an indigenous language from the Andean region of South America.
Beantown Builders
Beantown Builders is a Brockton-based, Black-owned general contracting firm that specializes in residential remodeling projects in the Greater Boston area. The company works with first-time homebuyers who take 203K loans to remodel the homes, which are often distressed properties. Their work makes home ownership and home improvement accessible to more families.
Boston While Black
Boston While Black is a membership network for Black professionals, entrepreneurs and students – native or new to Boston – who are seeking connection and community. It is designed to provide a vital infrastructure for belonging; make space for Black experiences, community and culture; and help members “find their tribe,” grow their networks and enjoy the city. Started during the COVID-19 pandemic, it has grown to include young professionals, community activists, business leaders, creatives, politicians and some of Boston’s largest employers. Boston While Black hosts a digital community; small, intimate events; and a wide range of curated programming, including speakers,…
Capital Good Fund
Capital Good Fund is a nonprofit and CDFI based in Rhode Island offering low interest loans to individuals for emergencies, immigration, and weatherization; creating pathways out of poverty; and advancing access to the green economy. BII Fund I provided a term loan in 2019 to support their Massachusetts expansion for their immigration and weatherization loans.
CareAcademy
CareAcademy 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.
Caribbean Integration Community Development (CICD)
Caribbean Integration Community Development (CICD) is a non-profit housing and community development organization that creates and maintains affordable housing in areas of Boston with large numbers of people of Caribbean descent. The organization’s first affordable housing development is Cote Village in Mattapan, which will be permanently affordable and meet LEED Silver Sustainability Standards.
Casabe Fruit Store and Delicatessen
At the time of the original investment, Casabe was an alternative to the traditional bodegas of Lawrence, offering fresh and durable offerings, with conventional and organic options that would accept payments from Supplemental Nutrition Assistance Program (SNAP) cards. In 2023 Casabe opened a second location at Lawrence General Hospital, which has now become their primary location.
Cero Cooperative Inc
CERO is a worker-owned cooperative that collects commercial compost in the greater Boston area and creates business ownership and earning opportunity for the people of color among the working-class community. CERO's waste separation system increases reclamation and sale of clean paper, plastics, metals, waste vegetable oil and organic food waste, reducing customer trash sent to landfill and incinerators by 50 percent or more. This investment was done in collaboration with Cooperative Fund of New England to provide early stage start up capital
Cooperative Fund of the Northeast
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.
East Boston Neighborhood Trust
East Boston Neighborhood Trust is a real estate project in East Boston, Mass. that created a Mixed-Income Neighborhood Trust (MINT) to acquire and manage 114 units of affordable and workforce housing for persons with below median income at a time when housing stabilization is desperately needed in the City’s most at risk districts for displacement.
Eastie Farm
Eastie Farm is a community-based non-profit focused on Climate Justice, Food Access, and building Community Resilience. They address these issues through creating green spaces throughout East Boston. With the help of neighborhood volunteers, they have transformed several vacant lots into community gardens. In 2021, Fund II provided a line of credit to Eastie Farm to finance grants and contracts from city and state agencies, as well as foundations.
Eduporium
Eduporium is an all-inclusive shopping solution to 21st century schools. They are a distribution source and solution provider for Ed-Tech companies to get vetted instructional tools and IT services into schools with the objective of narrowing the digital divide. Eduporium provides a technology solution for STEM/STEAM, Makerspace needs. Additionally, they provide the support educators need to be successful in the adoption of these new technologies.
El Planeta
El Planeta is an integrated Latinx news company producing content and events relevant to the Latinx community in Massachusetts and beyond. It reaches more than 200,000 people per week through print, television and digital media. It became a crucial community resource during the COVID-19 pandemic, forging new partnerships and growing its readership to 500,000. With more than 10 countries represented on its staff, El Planeta is an essential link between organizations, companies and government, and the Latinx community, and a key source of news coverage of underrepresented communities.
EmVision Productions
EmVision Productions creates video content that helps clients communicate their organization’s social impact. Co-founder Tariana V. Little holds a DrPH from Harvard, focusing on communications and innovation and this expertise informs their Social Impact Storytelling™ framework. Their clients include nonprofits, social enterprises, government agencies, and corporations.
Five Start Plating
Five Start Plating (FSP) provides metal finishing services (anodizing, hard coat, chromate conversion, zinc plating and powder coating) to commercial sheet metal fabricators and machine shops serving a variety of industries including medical, industrial, telecommunications, electronics, defense /aerospace and food services. It is located in Lawrence, and provides competitive job opportunities to the local community.
florrent
florrent is a deep-tech company innovating to design and build the next generation of high energy density ultracapacitors that will stabilize electrical grids and address critical bottlenecks for the adoption of renewable energies, electric vehicles and net-zero buildings. Its ultracapacitors are manufactured in Western Massachusetts from abundant and regenerative biomass, grown domestically in the U.S. by Black and Indigenous farmers.
Franklin Caraballo
Bookkeeper Franklin Caraballo LLC provides critical professional business consulting, business management, bookkeeping, and tax services to small Spanish-speaking businesses. Language is often a huge barrier for many startups, bodegas, and other businesses which can created a hesitancy in entrepreneurs to launch, grow, or expand their businesses. In 2021, BII made a loan for expanding the team and building out an online training platform.
Fresh Food Generation
Fresh Food Generation started its food truck business with an intention to serve healthy food in the low-income neighborhood of Boston. Today they are a restaurant, food truck and catering company. FFG combines New England ingredients with bold Caribbean and Southern flavors to create enticing locally sourced fresh food. 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.
Futuro Media Group
Description: 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.
Hillside Harvest
Hillside Harvest is a Caribbean-American natural condiment brand that sells at regional grocery stores, local farmers markets, direct-to-consumer on their website, and even at Fenway Park! Hillside Harvest has developed three hot sauce flavors and two Jamaican jerk marinades. Founder Kamaal Jarrett’s vision was to create a brand that would bring the Caribbean flavors of his heritage out of the specialty international markets and into mainstream supermarket aisles.
Housing Corp of Arlington (HCA)
Housing Corporation of Arlington (HCA) is a well-established non-profit community development corporation dedicated to creating and preserving affordable housing in Arlington, Massachusetts. HCA operates comprehensive housing programs including affordable housing development and management, homelessness prevention services, and energy efficiency upgrades for low-income homeowners. The organization has built strong community relationships and successfully completed LIHTC deals throughout its history. In September 2025, BII provided subordinated debt financing to support HCA's acquisition of 59 affordable housing units at 840-846 Massachusetts Avenue and 1517 Newman Way, preserving critical Naturally Occurring Affordable Housing (NOAH) in a gentrifying area. This tenant-driven acquisition serves residents across…
Kingstown Green Co-op
Kingstown Green Inc. is a small worker-owned manufacturing co-op located in Hartford, CT, that produces eco-friendly, handcrafted caskets that are solid wood and biodegradable. Kingstown Green is a member of the Green Burial Council, a non-profit organization approved by the Federal Trade Commission to regulate the green sector of the funeral industry. The caskets have received the highest rating given by the Green Burial Council.
The Lazu Group
At the time of BII’s original investment, The LAZU Group was a technology-enabled DEI services firm that offers strategies for product development, marketing, talent recruitment and retention, and community engagement. They used a motivational-based approach designed with the principles of community organizing, traditional DEI, and mental health, to help people create better personal and professional connections, ultimately resulting in happier individuals and healthier organizations. The Lazu Group closed its line of credit with BII in 2025. The Lazu Group is an exited portfolio company from Fund I.
MA Community Purchasing Alliance
Community Purchasing Alliance (MA CPA) is a purchasing cooperative that leverages the buying power of institutions to negotiate and drive down costs of vendors and service providers, while steering spending to diverse vendors using sustainable practices for their members. Their members consists of faith based institutions, schools, affordable housing, and other nonprofits.
MathTalk
MathTalk is a community-focused education technology public benefit corporation based in Cambridge, Mass. Using playful installations, technology and books, MathTalk 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.
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