Boston Impact Initiative Fund (BII) is a nonprofit impact investment fund dedicated to empowering entrepreneurs of color and their communities. BII focuses on investing integrated capital in social enterprises and community-controlled real estate, aiming to build a sustainable, inclusive, and equitable economy. The fund typically participates in various investment rounds, including seed, pre-seed, Series A, Series B, debt financing, and grants.
Notable portfolio companies include AllHere, CareAcademy, Cero Cooperative, florrent, MathTalk, Meetcaregivers, and Wash Cycle Laundry. BII is led by key partners who are committed to transforming the impact investing field through education and training programs like the Spring Emerging Fund Manager Cohort. Their investment philosophy centers on increasing wealth and asset-building opportunities for communities of color, providing not just financial support but also strategic guidance and resources to foster long-term success.
Boston Impact Initiative Fund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Top Investment Stages
BII: A nonprofit impact fund investing in social enterprises and real estate to empower communities of color.
Stage Mix
Concentration shown as share of disclosed investments by stage.
Next Wave Impact
nextwaveimpact.com
MassMutual Impact Investing
Bain Capital Double Impact
ImpactAssets
impactassets.org
The BFM Fund
bfm.fund
Minority Entrepreneurship Institute
meicapitalfund.org
BlueHub Capital
bluehubcapital.org
The Social Entrepreneurs' Fund
Mission Driven Finance
UP Community Fund
Beyond Capital Fund
American Family Insurance Institute for Corporate and Social Impact
Citi Impact Fund
citigroup.com
WNY Impact Investment Fund
wnyimpact.com
Accelr8
accelr8.com
