Introducing our 2023 Emerging Fund Manager Cohort!
This summer (May-August), we hosted our third emerging fund manager cohort program with 13 participants representing eight place-based funds in six cities. […]
Nonprofits as impact investors: Aligning our finances with our mission
In a new op-ed in Boston Business Journal, BII CEO Betty Francisco and Eric Leslie, founder and lead organizer of Union Capital Boston, discuss how investing in an impact fund that is aligned with a nonprofit’s mission, as UCB did with BII, can be a way to enhance its impact while achieving financial returns to support other programs.
Investing in Small, Diverse Businesses Is Good for the Economy
This article by The Good Men Project highlights BII’s Fund II and its impact on women and POC entrepreneurs with insights from […]
‘Brewed in Mass’ highlights Hyde Park’s own Latino-owned brewery
The owners of Roundhead Brewing talk about opening their brewery, building community and making beer with a Peruvian flair. Only a handful […]
BII strengthens Western Mass. presence with new office
“We’re excited to expand our investing activity across Western Massachusetts and support the needs of entrepreneurs of color and social enterprises that are sustaining and growing the local economy,” said Betty Francisco, CEO of BII.
Partnership empowers local businesses of color
Western Mass. media covered the opening of a new BII satellite office in Springfield, hosted by the Latino Economic Development Corporation. CHICOPEE, […]
Boston Impact Initiative Fund tiene como misión invertir en negocios de comunidades minoritarias
El Planeta, a BII portfolio company, profiled BII as it nears its 10th anniversary celebration, with input from the Latino owners of Synergy Contracting and Roundhead Brewing.
BII invests in Boston While Black to support growth of thriving network
The community has welcomed over 1,300 members and hosted over 150 events in three years. The convertible note from BII will enable […]
A $20 million fund encourages investing for “ordinary people”
The minimum for these lower- and middle-income residents, or “non-accredited investors,” is $1,000. That’s a lot of money for the average person, but it’s far smaller than typical venture capital fund minimums, which range from $500,000 to $5 million or more.