MCCI + Foundation for Business Equity

Email katiria.adorno@mccinvest.org if you have any referrals or questions on the BEI application process ✉️

We are accepting applications for the Business Equity Initiative (BEI) 📢 If you or someone you know would benefit from the BEI program, we encourage you to learn more and apply here by Friday, August 16th: fbequity.org/business-equit…

We are excited to share our Summer newsletter ☀ 📰 Follow this link to read about updates from our organization, partners, small businesses, and more: conta.cc/4f6NDgl

A new report from @MassINCPolicy & @P2Advisors finds MA's community finance sector, including CDFIs and CDCs, doubled financing to small businesses. Yet, it lags behind other states. Survey of 22 CDFIs/CDCs, including MCCI, highlights growth challenges. rb.gy/a3r2hl

MA has made big policy moves, but our small businesses need more attention. Thanks to the @BosBizJournal for publishing our op-ed by Executive Director @glynntlloyd and partners on getting capital to those in need. Read here: rb.gy/idr3pt

We're thrilled to announce our Executive Director Glynn Lloyd's appointment to the Energy Transformation Advisory Board. As Glynn said, 'Reducing emissions and achieving environmental justice will take a holistic effort.' Read more rb.gy/pn9ds0

Big news: The Boston Foundation (TBF) has awarded us a $300K grant to support our work building generational wealth! Thank you to @bostonfdn for these funds, which will help us continue to innovate & deploy capital for change. Learn more about TBF : tbf.org.

The Fearless Fund, investing in women of color-led businesses, is fighting a critical court battle impacting inclusive investing. Glynn Lloyd, executive director, says, “The threat alone chills the marketplace...” Read more: shorturl.at/WdVyU

"They held all kinds of jobs, bought and sold businesses, and always made sure that we were surrounded by family, which we continue to instill today.” (3/3)

“Being Caribbean-American means that I have the best of both worlds. Our Latinx roots, our culture, and our traditions blended into American society. My family is from Puerto Rico. They migrated to the U.S. for a better quality of life and richer opportunities..." (2/3)

In celebration of Caribbean-American Heritage Month, we asked some of our staff members to share what being Caribbean-American means to them. Katiria Adorno, our BEI Program Manager, shared this heartfelt reflection (full quote in thread): (1/3)

Thank you to everyone who joined our Summer Networking Mixer ☀️ It was wonderful to see so many partners, clients, and supporters come together! Check out the event recap and photos here: mccinvest.org/post/party-on-…

"As a Latina, I deeply value family, celebrations, and food. Nothing makes me feel more Latina than preparing our unique dishes. Yo Soy Boricua and I'm proud of it." (4/4)

"Puerto Rican culture is rich in diversity, beautiful traditions, and strong heritage. I cherish the fact that I can speak two languages; communicating in both languages with clients is very powerful." (3/4)

Here is an insightful and powerful quote from Jenny, one of our Residential Loan Officers: "My favorite part of myself is being Latina. I take great pride in being Boricua. My Latin roots trace back to Comerio, Puerto Rico; La Isla del Encanto..." (2/4)

Happy National Caribbean-American Heritage Month! We are privileged to have many Caribbean Americans as part of our community and team. In celebration, we asked some of our staff members to share what being Caribbean-American means to them. (1/4)

To contribute to MCCI's growth trajectory and impact by leveraging the CITC, please contact Meaghan Phillips meaghan.phillips@mccinvest.org Read the full press release here: mass.gov/news/healey-dr…

We are excited to announce that we received a 2024 Community Investment Tax Credit (CITC) allocation! Thank you to the Commonwealth of Massachusetts and our legislators for this important tool that incentivizes investment in community development and drives significant impact!

We're thrilled to announce our equity investment in NXGN Camps, a BEI graduate and one of the only Black-owned sports camps in the US, led by retired @Patriots Brent Williams. Read more: rb.gy/5xzz7l

If you're in the Greater Boston area and are looking for an event to attend, check out the Cambridge Juneteenth Parade! Learn more here: eventbrite.com/e/cambridge-ju…

Mill Cities Community Investments + Foundation for Business Equity will be closed today in recognition of Juneteenth. June 19th commemorates the end of slavery in the United States, a time for deep reflection and a celebration of freedom and equality.