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Investments

Boston Impact Initiative Team. (Pictured from left to right: Gregory Bloomfield, Mark Watson, Aliana Pineiro, Pablo Limon, Deborah Frieze.) 5 June 2019. Boston Impact Initiative, Boston.

Boston Impact Initiative

Boston Impact Initiative (BII) works to build a sustainable, inclusive, and equitable economy that restores the productive capacity of communities of color in Eastern Massachusetts. It operates the Boston Impact Initiative Fund, which invests integrated capital (equity, debt, and grants) in local enterprises that are owned and governed by entrepreneurs of color or employ and serve communities of color. AmbitioUS is supporting the planning stage for BII to create a national cohort of community leaders developing community-based, integrated capital funds that help close the racial wealth divide in their communities.

Category

Trailblazer

Website

https://bostonimpact.org/

Year

2019

Investment

Grant

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Investments