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Boston Impact Initiative BII works to build an equitable and inclusive economy by investing for racial and economic justice.

BII works to build a future where entrepreneurs of color and their communities have the financial, social and political power to create a sustainable, inclusive and equitable economy.

From across the United States, ARC Fellowship community members came together for the 2026 ARC Summit: Where Impact Meet...
12/10/2026

From across the United States, ARC Fellowship community members came together for the 2026 ARC Summit: Where Impact Meets Renewal, for a few days to connect, nourish, and illuminate together.
Over three days, we made space to learn from one another, build meaningful connections, foster community, rejoice in the work, and make time for restoration and wellness. Through peer-led learning, pod advisory circles, collaborative conversations, and moments of reflection, we explored integrated capital, community ownership, and movement solidarity—and the possibilities that emerge when we come together.
A heartfelt thank you to everyone who traveled from near and far to be part of this gathering, and to the ARC community that continues to make this space what it is.
And a special thank you to for capturing the joy, connection, and spirit of the Summit through these incredible photos! 📸
Want to get to know the ARC Fellows? Learn more about our newest cohort: https://bostonimpact.org/2026/10/08/meet-the-6th-arc-fellowship-cohort/

BII is excited to welcome the 6th cohort of the ARC Fellowship—eight exceptional funds and their teams hailing from comm...
09/10/2026

BII is excited to welcome the 6th cohort of the ARC Fellowship—eight exceptional funds and their teams hailing from communities across North America, from New Orleans to Alaska, and joining a growing community of practitioners committed to moving capital differently.
Through a hands-on, peer-driven learning experience that combines expert-led education, peer support, access to catalytic capital, and a lifelong community of practice, Fellows build the knowledge, relationships, and resources they need to bring new models of investing to life. Representing a range of experiences and stages—from first-time fund managers to experienced investors expanding their impact—this year’s cohort is helping shape a more equitable and sustainable financial future.
Help us welcome them to the community! Read more about them here: https://bostonimpact.org/2026/10/08/meet-the-6th-arc-fellowship-cohort/

Did you know that BII is one of the few Latina-led CDFIs in the country?As BII continues celebrating Hispanic Heritage M...
30/09/2026

Did you know that BII is one of the few Latina-led CDFIs in the country?

As BII continues celebrating Hispanic Heritage Month, we’re highlighting our commitment to supporting Latino entrepreneurs and businesses through culturally responsive capital, coaching, and advising.

These numbers offer a glimpse into how we’re putting that commitment into practice—helping businesses grow, strengthening communities, and building a more equitable and inclusive economy.

¿Sabías que BII es una de las pocas CDFI lideradas por una mujer latina en el país?

Mientras BII continúa celebrando el Mes de la Herencia Hispana, destacamos nuestro compromiso de apoyar a emprendedores y empresas latinas mediante capital, asesoramiento y capacitación culturalmente pertinentes.

Estas cifras ofrecen una mirada a cómo ponemos ese compromiso en práctica: ayudando a las empresas a crecer, fortaleciendo nuestras comunidades y construyendo una economía más equitativa e inclusiva. Conoce más sobre los emprendedores y las empresas que nos enorgullece apoyar.

This Hispanic Heritage Month, BII is celebrating the many ways our staff carry their cultures, histories, and identities...
15/09/2026

This Hispanic Heritage Month, BII is celebrating the many ways our staff carry their cultures, histories, and identities with them.

For some, it’s the gift of a language passed down by a parent. For others, it’s the comfort of food packed into a suitcase by beloved tías, memories of growing up between cultures, or the resilience and warmth of a Puerto Rican upbringing.

It’s family. It’s music and art. It’s migration and starting again without ever starting from zero. It’s honoring ancestors, supporting communities, and creating opportunities for the generations to come.

BII staff shared personal reflections on what being Latino and Latina means to them—and while each story is unique, a common thread runs through them all: we carry where we come from into how we live, lead, build, and show up for our communities.

Swipe through to read their stories!

With heavy hearts, we're sharing the news that David Cobb passed away suddenly on Labor Day.David was a force. Co-founde...
11/09/2026

With heavy hearts, we're sharing the news that David Cobb passed away suddenly on Labor Day.

David was a force. Co-founder of the Butterfly Impact Fund and a member of our ARC Fellowship Class of 2026, he was also a leader within the People's Network for Land and Liberation (PNLL), US Solidarity Economy Network, Resist & Build Network, the Green Party of California, and many other communities working toward liberation for people and planet. A revolutionary labor and political organizer, environmental lawyer, and fierce builder of the solidarity economy, David launched Butterfly Impact Fund as capital infrastructure for PNLL. He brought his fire and generosity to every room he entered, whether a community stage, a solidarity workshop, or an ARC Fellowship session, and he changed the lives of everyone lucky enough to be in his orbit.

We're holding space to grieve, remember, and celebrate David's life and legacy at the ARC Summit this week. If you knew him, our hearts are with you. If you didn't, we hope you'll feel his spirit in the work we carry forward together.

With love and in solidarity,
BII

Growing a clean energy business means knowing where to focus your time, resources, and growth strategy.Join BII on Frida...
04/09/2026

Growing a clean energy business means knowing where to focus your time, resources, and growth strategy.

Join BII on Friday, September 11, from 12:00–1:00 PM for a free webinar designed for small and midsize businesses operating in—or expanding into—the clean energy sector.

Featuring Heather Cooper, Partner, and John Zhang, Associate, of McDermott Will & Schulte, this business growth seminar will break down the federal and Massachusetts tax incentives available to emerging clean energy businesses, including federal credits, direct pay options, state programs, and how your business structure can affect eligibility.

No tax background is needed. You’ll leave with a clearer understanding of which incentives may fit your sector and stage—and what you can do now to position your business to benefit as you scale.

Register today: https://luma.com/59euehv1?lm_source=embed

03/09/2026

What if finance was built around trust—not just credit scores, collateral, and maximizing returns?

BII is working to transform traditional finance into a more just, sustainable, and community-rooted system.

Through direct investing, BII matches the right capital and resources to what business owners actually need—while building long-term relationships rooted in trust.

Through the Impact Capital Lab, BII is also training the next generation of impact fund managers and mobilizing capital toward community-led solutions. So far, they’ve trained 90 fund managers and moved $60 million into communities, with a goal of moving $100 million by 2030.

From integrated capital to the ARC Fellowship and First Mover Fund, BII is redefining what it means to create financial returns—and asking a bigger question: How much is enough?

Watch to learn how BII is building a fairer economy through what they call “traditional finance with a heart.”

Learn more and join the movement.

Did you know that very few foundations in the United States invest directly in social impact businesses alongside tradit...
25/08/2026

Did you know that very few foundations in the United States invest directly in social impact businesses alongside traditional grantmaking? The Woodcock Foundation is changing that narrative.

Back in 2020, they made a bold commitment to full mission alignment, carving out 5% of their total assets (~$4.5 million) specifically for a catalytic capital portfolio—which includes an investment in BII Fund II.

For Woodcock’s Executive Director, Stacey Faella, a major turning point came during a field trip in Boston. Seeing the deep "sweat equity" of local community leaders along with BII’s financial innovation was all the proof she needed.

True systemic change requires looking beyond competitive financial returns to support lasting social and environmental progress.

Thank you, Woodcock Foundation, for standing with us as a Fund II investor!

Read more community breakthroughs in our 2025 Annual Impact Report:
https://bostonimpact.org/wp-content/uploads/2026/05/2025-Impact-Report-FINAL-5.15.26-COMPRESSED.pdf

Massachusetts is among the wealthiest states in the nation, but that prosperity is not equally distributed.Mass ECHOS’ 2...
20/08/2026

Massachusetts is among the wealthiest states in the nation, but that prosperity is not equally distributed.

Mass ECHOS’ 2025 survey data reveals deep racial and economic disparities in wealth, with many families lacking the financial security and assets needed to build a stronger future.

In her latest piece, BII CEO Betty Francisco explores what this data asks of us and how we can move capital differently to build shared prosperity through business ownership, employee ownership, and affordable housing.

Read Betty’s thoughts on what it will take to close generational wealth gaps and move toward lasting systems change:
https://bostonimpact.org/2026/08/19/real-wealth-unevenly-held-what-mass-echos-asks-of-us/

AI is transforming the way small businesses operate—but the biggest opportunities come from solving the right problems.J...
13/08/2026

AI is transforming the way small businesses operate—but the biggest opportunities come from solving the right problems.

Join BII on Friday, August 21, from 12:00–1:30 PM ET for a free, interactive webinar on practical AI integration for small business operations. You'll learn a simple framework for identifying where AI can create the most value in your business and leave with an AI Opportunity Assessment Worksheet you can put to use right away.

The session will be led by Boaz Petrus of NovaDynamic Technology Services and is part of BII's GreenEdge Accelerator webinar series, funded by the Massachusetts Clean Energy Center (MassCEC).

This webinar is free and open to all businesses and community members.
Register today here: https://luma.com/0fxt2ggm

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Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

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