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I can focus on training more fund manager cohorts and building impactful funds.

How Boston Impact Initiative stopped losing hours to spreadsheets and got back to training fund managers.

Key Improvements

40

Fund managers trained in a single year

2

Funds deployed and launched over the same period

Boston Impact Initiative (BII) is a non-profit Impact Investing Fund that is committed to building financial, social, and political power for entrepreneurs of color.

Hours lost across tools

Boston Impact Initiative builds financial, social, and political power for entrepreneurs of colour to close the racial wealth gap. In 2022 it fully deployed Fund I, launched Fund II, and trained forty fund managers.

Due-diligence, non-financial, and investee-feedback data lived across multiple tools, and pulling it together took hours the small team did not have.

I am so glad that many of our data needs are solved now since I can learn from all the qualitative and quantitative data without spending much time and having complex technical knowledge in the team. I can focus on traning more fund managers cohort and building impactful funds.

Aliana Pineiro, Impact Director

Strategy, survey, and one dashboard

Sopact built an actionable impact strategy with metrics, an impact-assessment survey, and an investor-highlights dashboard tracking diversity, wealth and asset building, and quality jobs.

The dashboard feeds the annual impact report and surfaces qualitative and quantitative insight without technical staff.

Back to the mission

With the data needs solved, the team learns from qualitative and quantitative evidence without deep technical knowledge, and spends its time training fund managers and building funds.

How Boston Impact Initiative stopped losing hours to spreadsheets and got back to training fund managers.

"I am so glad that many of our data needs are solved now since I can learn from all the qualitative and quantitative data without spending much time and having complex technical knowledge in the team. I can focus on traning more fund managers cohort and building impactful funds."

Aliana Pineiro (she / her / hers)
Impact Director, Boston Impact Initiative

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