Our portfolio combines debt, equity and grantmaking. Below are the businesses and non-profit organizations we’ve invested in whose work we believe contributes to strengthening community resilience.

View the Boston Impact Initiative 2015 Annual Review

88 Acres

88 Acres is an artisan food enterprise, producing healthy snacks free of the top eight food allergens. 88 Acres seeks to craft foods with the simplest & most sustainably sourced ingredients, create transparency throughout their supply chain and promote healthy living and food awareness among consumers. 88 Acres is manufacturing at the new Pearl facility of Crop Circle Kitchen (also a BII portfolio group), creating over a dozen new jobs in Dorchester. We made a convertible debt investment to help 88 Acres secure equipment and launch operations. Learn more

99 Degrees Custom

99 Degrees Custom is a light manufacturing company specializing in customized clothing and textile production. Based in Lawrence, MA, 99 Degrees Custom seeks to grow good manufacturing jobs in an region once known for its thriving industrial economy. Producing high quality "me-commerce" products, 99 Degrees Custom brings value adding manufacturing jobs that adapt to the modern economy. The company acts as a pipeline for employees into a growing advanced manufacturing sector in the region. The Boston Impact Initiative provided an initial loan to 99 Degrees Custom to help secure a major contract. BII provided a second loan to support business growth. Learn more


Advoqt designs and implements vendor-agnostic IT services. They aim to become one of the country's largest minority-owned companies and are focused on creating career opportunities for individuals from underserved communities. The Boston Impact Initiative provided a convertible debt investment to support implementation of key growth strategies. Learn more

Accion USA

Accion is a nonprofit organization providing small business loans and financial education to entrepreneurs. Since 1991, Accion East and Online has provided over $132 million in over 20,000 microloans, helping to grow small businesses and strengthen the communities they serve. The Boston Impact Initiative has partnered with Accion to create the New Ownership Fund, a small business loan and technical assistance program that strengthens opportunities for Boston’s urban entrepreneurs. Learn more
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All Towns Insurance

Theodat Insurance was the first Haitian insurance agency in Boston and for 38 years built a profitable relationship-centered insurance agency in Dorchester. The founder is passing his business on to his daughter, Marie-Armel Theodat, who has the opportunity to acquire clients from All State and form the new All Towns Insurance. BII provided Marie-Armel with a loan to help her acquire this book of business and keep ownership and employment in her community.


The Black Economic Council of Massachusetts, Inc. (BECMA) advances the economic well-being of Black businesses, organizations that serve the Black community and Black residents of Massachusetts. BII provided a grant to BECMA in support of its mission. Learn more

Boston Center for Community Ownership

The Boston Center for Community Ownership (BCCO) is a co-op development center with a focus on grassroots organizing and community economic development. They provide education & training, facilitation and consulting for worker-owned, consumer-owned and hybrid cooperatives. The Boston Impact Initiative provided a grant to support capacity building. Learn more


CERO, which stands for 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 customer trash sent to landfill and incinerators by 50 percent or more. This is now our third investment in CERO: in 2013, we partnered with Cooperative Fund of New England to provide a start-up loan; in 2014, we purchased CERO's Direct Public Offering shares; and in 2016, we've made an additional loan for working capital and equipment. Learn more
Chocolate Therapy

Chocolate Therapy

Chocolate Therapy is a Black-owned chocolate shop dedicated to providing customers with locally produced chocolates in innovative flavors, including a special handmade collection. Through the dark chocolate superfood, Chocolate Therapy treats the body and soul. Boston Impact Initiative provided a loan to help Chocolate Therapy to reconfigure their Framingham location to maximize production. Learn more

City Feed and Supply

City Feed and Supply is a neighborhood market/café/deli that reflects and serves the needs of the community that sustains it. City Feed seeks to have a positive influence on its community of customers, employees and suppliers through healthy food, enjoyable and competitively compensated jobs and strong relationships with local suppliers. The Boston Impact Initiative provided a loan to City Feed to support efforts to increase operational efficiency. Learn more
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City Fresh Foods

City Fresh Foods is a 20-year-old, nationally acclaimed enterprise that delivers fresh, wholesome meals to charter schools, eldercare facilities and other organizations throughout the Boston area. As one of Roxbury’s major employers, City Fresh is respected as a “triple bottom line” business that brings returns to people, planet and profits. City Fresh plays an anchor role in Boston’s burgeoning urban food movement, serving major customers such as Meals on Wheels while sourcing from area producers and advocating for increased local food production. The Boston Impact Initiative partnered with Cienega Capital, an impact fund from California, to make an equity investment. Learn more


Coalition of Occupied Homes in Foreclosure (COHIF) works to stabilize the Greater Four Corners neighborhood of Dorchester by providing a innovative means by which as residents of foreclosed homes are able to stay, to develop permanently affordable housing, and to help replicate those efforts in other neighborhoods in greater Boston. BII provided a loan to support COHIF's Community Stabilization Pilot Project, advancing crucial anti-displacement strategies in Boston. Learn more

Commonwealth Kitchen

Commonwealth Kitchen (formerly Crop Circle Kitchen) is a community based culinary incubator, providing shared kitchen space for small food related businesses. CWK currently services 30 small businesses, and has successfully graduated over 20 companies creating over 250 jobs. The Boston Impact Initiative provided a loan to CWK to open a new commercial kitchen in Dorchester to serve local food entrepreneurs. Learn more

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 adjacent communities in New York. The Boston Impact Initiative is an investor in their Social Investment Fund. Learn more

Coop Power

Coop Power works as a network of community energy cooperatives across Massachusetts, Southern Vermont and Rhode Island. Co-op Power is focused on creating a consumer-owned sustainable energy cooperative operating within a regional network, promoting a multi-class, multi-racial movement for a sustainable and just energy future. BII provided a bridge loan to support some immediate cash needs. Learn more
Delectable Desires

Delectable Desires

Delectable Desires creates edible art in the form of cakes and pastries. A Mattapan native, the owner's Caribbean roots influence use of ingredients and baking style. BII provided a loan to support Delectable Desires in opening its second location at South Station. Learn more

Dorchester Co-op

The Dorchester Community Food Co-op is an initiative to build a community & worker-owned cooperative market that provides economic opportunity and healthy affordable food. The Co-op will be a community asset, providing space for education and cultural activities, and will be a dynamic center for healthy eating and sustainable living that celebrates the rich diversity of Dorchester. The Boston Impact Initiative provided grant funding to support the completion of a feasibility study. Learn more

Fields Corner Business Lab

FCBL is a coworking space that brings together entrepreneurs, small businesses and community development organizations to advance one of Dorchester’s most promising business districts. With easy access to the Red Line and affordable, flexible membership options, FCBL is focused on creating a productive, healthy and synergistic environment for its entrepreneurs and the Fields Corner community. The Boston Impact Initiative provided a grant to FCBL to sponsor free office space for a Dorchester-based, social entrepreneur of color. Learn more

The Food Project

The Food Project is a Dorchester based non-profit, working with over 150 teenagers and thousands of volunteers to farm on 40 acres of Greater Boston land. Youth participants gain leadership skills, agricultural and business experience, and employment opportunities. Food from the farms is distributed through Community Supported Agriculture and farmers' markets, and is donated to local hunger relief organizations. The Food Project helps anchor Boston's growing local food economy. The Boston Impact Initiative awarded a grant for youth oriented programming. Learn more
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Fresh Food Generation

Fresh Food Generation is a local food enterprise that brings healthy, affordable and culturally relevant cuisine to Boston's low-income communities of color. Fresh Food Generation is growing from a local catering company to launching a food truck. Housed in CommonWealth Kitchen's Pearl facility, FFG is bringing its mission to nourish and uplift the community to neighborhoods across Boston. After supporting FFG through the Future Boston prize in 2013, the Boston Impact Initiative made a follow-on loan to help secure FFG's food truck. Learn more

Future Boston

Future Boston is a non-profit organization that runs Accelerate Boston, a business incubator designed for entrepreneurs looking to launch a business supporting the creative economy. The program includes a business plan contest, and the Boston Impact Initiative has funded a social business prize. The winner of that prize in 2013 was Fresh Food Generation, a farm-to-plate food organization that will serve healthy prepared foods in low-income neighborhoods in the Greater Boston area. Learn more
Good Clothing Company

Good Clothing Company

Good Clothing Company is dedicated to rebuilding the US apparel manufacturing industry. They work with emerging designers, eco-fashion pioneers, and others looking for a production partner to scale with them. Good Clothing Company aims to pay workers quality wages and use environmentally sustainable production practices. BII provided a loan to support growth of the company's Fall River operations to meet client demand. Learn more

Grameen America

Grameen America is a non-profit micro-finance agency, serving low income women in Greater Boston neighborhoods. Grameen American replicates the circle lending model pioneered by Nobel Peace Prize recipient Muhammad Yunus in the first Grameen Bank in Bangladesh. Grameen America has disbursed over $135 million in small loans since its founding in 2008. The Boston Impact Initiative provided an operating grant and loan to facilitate the opening of a Grameen branch office in Boston. Learn more

Green City Growers

Green City Growers transforms unused space into thriving urban farms, providing clients with immediate access to nutritious food in Boston and New England. The Boston Impact Initiative provided a loan for infrastructure investment to enable Green City Growers' plans for growing their business. Learn more


Jubali is a brand embodying the desire to transform through vitality. They believe that food is a crucial element of the more beautiful world in which we want to live and which we are working to create—a world of vibrantly healthy people living on an ecologically thriving planet. Jubali's goal is to make the healthiest, most delicious food and drinks they can while making a positive social and environmental impact. The Boston Impact Initiative made a convertible debt investment to help Jubali respond to rapid growth opportunities. Learn more


LaborX is a talent innovation company that improves the employability of underrepresented talent by making job placement solutions accessible via mobile technology. BII provided convertible debt to support LaborX's full launch. Learn more
Lady Dye Yarn

Lady Dye Yarns

Lady Dye Yarns is an eco-friendly yarn business that creates vibrant and colorful hand-painted yarns and accessories that are inspired by street art and city living. As an African-American woman entrepreneur, founder Diane Ivey has a commitment to diversifying the homogenous yarn industry through speaking out and attracting other minorities to the sector. The Boston Impact Initiative provided an early loan to help scale national marketing and sales. Learn more
JVS Boston

Massachusetts Pathways LLC

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. BII made an investment into the project that will be repaid based on successful social outcomes. 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. It plans to grow its workforce, which it aims to be comprised by at least 50% employees of color within a year. M.S. Peltier Insurance is committed to Dorchester and Caribbean communities. Boston Impact Initiative provided a loan to support business acquisition and establishment.

Renew Energy Partners

Renew Energy Partners is a Boston-based energy efficiency project development firm that specializes in major commercial retrofits in New England. The Boston Impact Initiative joined as an anchor investor in Renew’s collaborative project with HEET, a local non-profit that focuses on bringing efficiency upgrades to underserved markets. The joint program will bring upfront financing and project management to retrofit Greater Boston’s non-profit buildings and historic houses of worship to reduce energy costs and use across the sector. Learn more

Smarter in the City

Smarter in the City is the first high tech startup business accelerator in Roxbury. At the center in Dudley Square, SITC supports local entrepreneurs from underrepresented communities in the tech sector to advance their technology-focused businesses. The Boston Impact Initiative provided early stage operating grants to help SITC serve local tech entrepreneurs of color. Learn more

Social Good Marketing

Social Good Marketing provides integrated marketing services to small and medium businesses and nonprofits. They aim to help local organizations build brand awareness and make social change. Services include research, planning, strategy and training at below-market rates so social change organizations can benefit. The Boston Impact Initiative provided a grant through the Fields Corner Business Lab to sponsor free office space. Learn more


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. BII provided a loan to help finance clean energy on three houses of worship in Dorchester, Jamaica Plain, and Roxbury, thereby reducing their energy bills. Learn more

Sustainability Guild

Sustainability Guild International is a social enterprise business based in the Bowdoin-Geneva neighborhood of Dorchester. Their vision is to create a dynamic network of community-driven, self-sustaining social enterprises that share a mission of transforming our urban community into living labs of innovation, creative social entrepreneurship and sustainable development. The Boston Impact Initiative provided a grant to support capacity building. Learn more

Tony Williams Dance Center

TWDC 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. The Boston Impact Initiative provided TWDC a loan to create more student scholarships and hire additional staff. Learn more

Tremendous Maid

Tremendous Maid is a family-owned and operated residential and commercial cleaning business based in Dorchester. Dominican co-founders Rosa Tejeda, Victoria Amador and Nisaury Amador are intentional about hiring workers who are disadvantaged and have received accolades for their businesses’ impact in low-income neighborhoods. Tremendous Maid was ranked best maid service in 2013 by the prestigious Boston Magazine. The Boston Impact Initiative provided a growth capital loan to stabilize financing and expand services. 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. BII purchased Direct Public Offering shares to help support Wellspring Harvest in building the first commercial greenhouse in Springfield. Learn more


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. BII made an equity investment to support WeSpire's growth. Learn more