88 Acres

88 Acres is an artisan food enterprise, producing healthy snacks free of the top eight food allergens. The company seeks to craft foods with the simplest and most sustainably sourced ingredients, create transparency throughout their supply chain and promote healthy living and food awareness among consumers. 88 Acres is manufacturing in Dorchester, creating over a dozen jobs in a low-income community. In 2014, Boston Impact Initiative LLC made a convertible debt investment to help 88 Acres launch its business. Learn more

MA Pathways

Massachusetts Pathways LLC, a collaboration between Commonwealth of Massachusetts, JVS Boston, and Social Finance, is the nation’s first adult education/employment Pay for Success Bond in the country. This $15 million project will provide adult education and employment services to nearly 3,000 individuals across the greater Boston area, north shore, and metro-west. In 2017, BII made an investment into the project that will be repaid based on successful social outcomes. Learn more

Sunwealth

Sunwealth is a pioneering clean energy investment firm determined to unleash the power of commercial solar by delivering meaningful returns and tangible impact. Sunwealth’s Boston Interfaith Solar Project provides project financing and development of solar on houses of worship. In 2017, BII provided a loan to help finance clean energy on three houses of worship in Dorchester, Jamaica Plain and Roxbury, thereby reducing energy bills. Also in 2017, we made a second investment in a fund that aggregates low-income homeowners and anchor non-profits in economically distressed neighborhoods. Learn more

WeSpire

WeSpire is an employee engagement platform that empowers forward-thinking global organizations to enhance their results. WeSpire helps employees build awareness, take action and inspire others to participate in programs including sustainability, culture, and team building. In 2016, Boston Impact Initiative LLC made an equity investment to support WeSpire’s growth and expand the platform’s diversity and inclusion offerings. Learn more

Wellspring Harvest

Wellspring Harvest is part of Wellspring Cooperative, a community-based cooperative development organization with a mission to create a network of worker-owned companies in Springfield, MA, that provide on-the-job training, employment and wealth-creation opportunities for low income and unemployed residents of the city. In 2016, BII purchased Direct Public Offering shares to help build the first commercial greenhouse in Springfield. Learn more

Tremendous Maid

Tremendous Maid is a family-owned and operated residential and commercial cleaning business based in Dorchester. Through the leadership of Dominican co-founders Rosa Tejeda, Victoria Amador and Nisaury Amador, Tremendous Maid provides quality wages, employee benefits, and green cleaning services in an industry where customer demand for low prices incentivizes low wages, poor employee benefits, and other price-cutting practices. In 2015, BII provided a growth capital loan to stabilize financing and expand services. Learn more

Tony Williams Dance Center

Tony Williams Dance Center is a studio in Jamaica Plain dedicated to providing quality dance instruction to Boston’s diverse urban community.From ballet to salsa to hip hop, TWDC boasts one of the most diverse class offerings, faculty, student and parent populations in the Greater Boston Area. TWDC produces the highly acclaimed Urban Nutcracker, and has helped hundreds of Boston youth develop physical and mental discipline and emotional confidence through the arts. In 2014, BII refinanced TWDC’s debt, resulting in increased scholarships and additional staff. Learn more

Renew Energy Partners

Renew Energy Partners is a project development firm that specializes in energy efficiency retrofits in New England. In 2014, BII became an anchor investor in a program that brings efficiency upgrades to underserved markets, including Greater Boston’s non-profit buildings and houses of worship. The energy efficiency retrofits contribute to reduced energy costs, making more resources available to provide services. Learn more

M.S. Peltier Insurance

M.S. Peltier Insurance is a black-owned business with expertise in construction, marine, real estate and transportation industries. The company plans to grow its workforce, which it aims to be comprised of at least 50 percent employees of color. M.S. Peltier is committed to serving Dorchester and Caribbean communities. In 2016, BII provided a loan to support business acquisition and establishment.

LaborX

Described as the “LinkedIn for the LinkedOut,” LaborX hosts a web platform that matches employers with skilled job-seekers without college degrees and from other non-traditional backgrounds. Founded by Yscaira Jimenez, a Dominican immigrant from the Bronx, LaborX helps to create living-wage job opportunities for largely working class people of color. In 2016, BII provided convertible debt to support LaborX’s launch. Learn more