Making the case for place-based impact investing? For investing in justice? For strengthening the solidarity economy? Find a few of our favorite resources below:
The Asset Value of Whiteness from the Institute on Assets and Social Policy at Brandeis University on racial wealth gap and its causes, and making the case for addressing structural and institutional racism. 2017.
Color of Entrepreneurship: Why the Racial Gap between Firms Costs the U.S. Billions, Center for Global Policy Solutions, April 2016.
Maggie Anderson, author of Our Black Year and creator of Our Empowerment Experiment, talks at TEDxGrandRapids about beginning to address economic inequalities that deprive black neighborhoods by proactively supporting black businesses.
Not Business As Usual is a provocative look at capitalism and its unintended price of success. The film tracks the changing landscape of business with the rising tide of conscious capitalism through the stories of local entrepreneurs who have found innovative ways to bring humanity back into business.
Moving Your Money by Laura Flanders of GRITtv explores why it’s so hard to invest money locally. Grassroots activists trying to build economic alternatives in the US encourage investing in the businesses in your neighborhood, instead of in far-off corporations. Flanders talks with local finance expert Michael Shuman and profiles BII portfolio member CERO Co-op, a grassroots group that’s funding its start-up without deep pockets or Wall St cash.
Gar Alperovitz, James Gustave Speth, and Joe Guinan. The Next System Project: New Political-Economic Possibilities for the 21st Century. March 2015.
Off-the-Grid Investing: Perspectives and Voices of a Transforming Financial System, by Don Shaffer, RSF Social Finance, published in the Fall 2013 issue of Green Money Journal. This article explores a unique approach to finance that transforms the relationship between investors and borrowers.
Using Emergence to Take Social Innovation to Scale, by Margaret Wheatley and Deborah Frieze, published by the Berkana Institute. This article presents an “emergence” theory of change that reflects BII’s efforts to seed a new more equitable and sustainable economy.
What is a Direct Public Offering aka Investment Crowdfunding? by Jenny Kassan, Cutting Edge Capital. This article provides a primer on DPO’s and the possibilities in democratic financing.
The Emerging Just and Sustainable Food Economy in Boston, by Penn Loh and Glynn Lloyd. Two of Boston’s leading thinkers in creating systemic change in our city around food justice and racial equity review innovations in building community wealth and health through re-localizing the food system.
Turning the Global Economy into Connected Communities, The Guardian, April 7th, 2014.
Aaron Tanaka, senior advisor to BII and director of Center for Economic Democracy, speaks on Radio Woodstock (at 23:46) about building a new economy that leads to a new democracy. 2017.
Strategies for Financing the Inclusive Economy, The Democracy Collaborative, 2016.
The Payoff of Investing Locally, The Wall Street Journal, August 15th 2014.
Small Business Assistance
- Accion USA is the country’s largest micro finance organization that provides business counseling and small loans to home based start ups
- Boston Main Streets Association is a City of Boston program that offers marketing resources to Boston’s neighborhood businesses
- Boston Center for Community Ownership offers consulting, education and planning assistance for new urban business and housing cooperatives
- Jamaica Plain Neighborhood Development Corporation provides business counseling and loan packaging for JP area companies
- Lawyers Committee for Civil Rights provides business development training and pro bono legal representation for entrepreneurs in low income communities of color
- Massachusetts Small Business Development Center / Minority Business Center is a publicly funded minority and small business support center, providing free classes and a comprehensive resources list for Boston area entrepreneurs
- New Ownership Fund is loan program serving Boston’s urban entrepreneurs, funded by Boston Impact Initiative and administered by Accion USA.
Other Tools & Guides
Capital Compass Tool from the New Hampshire Community Loan Fund helps entrepreneurs figure out what kind of capital they need.