Entries by deborah

The Road to Zero Wealth

The Road to Zero Wealth, by Prosperity Now and the Institute for Policy Studies, examines Federal Reserve data over a 30-year period (1983-2013) to understand the growing racial wealth divide facing Black and Latino households at the median, and explores the ways that accelerating declines in wealth for these communities are impacting the American middle class.

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 […]

Sunwealth

Sunwealth is a pioneering clean energy investment firm working to unleash the power of commercial solar by delivering meaningful returns and tangible impact. The company received a loan to help finance clean energy on three houses of worship in Dorchester, Jamaica Plain and Roxbury, thereby reducing energy bills. Boston Impact Initiative made a second investment […]

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 […]

Gregory Bloomfield Joins Our Team

Gregory Bloomfield originally hails from Toronto, where he began his career as an auditor for Ernst & Young. He has over 20 years’ experience in bookkeeping, accounting, auditing, taxation and finance across many industries such as real estate, investments and non-profit organizations. Previously, Gregory was senior auditor for a local CPA firm as well as […]

Delectable Desires Pastries Continues to Grow

Delectable Desires Pastries provides gourmet home-baked goods from scratch, specializing in event cakes. The company 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. In 2017, BII […]

Gregory Bloomfield

Gregory Bloomfield hails from Toronto, where he began his career as an auditor for Ernst & Young. Since then, he has over 20 years of experience of bookkeeping, accounting, auditing, taxation and finance across many industries such as real estate, investments and non-profit organizations. Gregory passed the Massachusetts CPA exam in 2006. Previously, Gregory was […]

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 well-being 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 […]

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 […]

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 […]