Boston Impact Initiative (BII)

The Boston Impact Initiative (BII) is a pioneering impact investment fund based in Jamaica Plain, Massachusetts, dedicated to fostering a regenerative, inclusive, and just economy across Eastern Massachusetts. Established in 2013, BII's core mission revolves around deploying integrated capital—a strategic blend of financial, human, and social capital—to empower local businesses. Their unique approach aims to address systemic inequities by supporting enterprises that are not only financially viable but also contribute significantly to community wealth building, job creation, and environmental sustainability.

BII primarily focuses its investments on businesses led by entrepreneurs of color and women, recognizing the historical undercapitalization and systemic barriers faced by these groups. They offer flexible financing solutions, including debt, equity, and grants, tailoring their support to the specific needs of each venture. Beyond capital, BII provides crucial capacity-building assistance, helping these businesses grow and scale their positive impact within their communities. This holistic support system underscores their commitment to long-term, equitable economic development.

Since its inception, the Boston Impact Initiative has made substantial strides in its mission. The fund typically provides first checks ranging from $25,000 to $250,000, demonstrating a commitment to supporting early-stage and growing local enterprises. To date, BII has invested over $10 million across more than 70 businesses, illustrating their significant and sustained contribution to the regional economy. Their portfolio reflects a diverse range of sectors, all united by a shared commitment to creating a more equitable and sustainable economic landscape in Eastern Massachusetts.