FOUNDATION FOR BUSINESS EQUITY

The Foundation for Business Equity was created to help address the widening income and wealth gap in Greater Boston, experienced most acutely by Black and Latinx communities. We focus on scaling businesses of color to create greater wealth creation for business owners and key principals and create more jobs with family-sustaining wages in our urban communities. Eastern Bank was the founding funder of the Foundation for Business Equity (FBE) and made a $10 million grant over three years to launch the Foundation. As of October 2022, FBE merged with Mill Cities Community Investments... The Foundation for Business Equity EXISTS so that Black and Latinx entrepreneurs reach their full growth potential. Our MISSION is to build collaborative ecosystems and programs that remove structural barriers. Our WORK is to identify, invest in and expand approaches that will foster an environment of support, inclusion and growth for Black and Latinx businesses. Our PARTNERS include the Black and Latinx..