Tropical Foods, located in Boston’s Roxbury neighborhood, has been around since 1974. It was founded by Pastor Medina, an immigrant from Cuba, who originally rented a small location and sold only plantains. At the time, plantains were not widely known in the U.S., but the Hispanic clientele who shopped there took to calling the store “El Platanero,” a name some customers still use. However, Tropical Foods has grown considerably since its days as a plantain shop. Read More

Social impact investing is increasingly being utilized by Community Development Financial Institutions (CDFIs). However, CDFIs are often limited in how they can use the funds. The capital may be restricted to a narrow geography, or constrained to certain programmatic areas. Therefore, even with the expansion of their sources of capital to encompass social impact investing, CDFIs continue to explore new avenues for capital diversification. Read More

Yolanda Jones gets to the office at Yolanda’s Construction Administration & Traffic Control (YCAT-C), which she founded in 2010, every day at 6 a.m. There’s a lot happening. YCAT-C has $6 million in contracts earned or lined up for this year, its biggest year so far. She’s got something in the pipeline that could add another $10 million in annual revenues and perhaps 20 more employees in the next year. And, oh, NBA star LeBron James gave Jones a shout-out recently on Facebook and Twitter. She won a small business contest he held last fall. Read More

The craft beer industry has expanded rapidly in recent years. Between 2009 and 2016, the number of craft breweries expanded from 1,596 to 5,234, according to the Brewers Association. The number of craft breweries increased by 16.6 percent between 2015 and 2016 alone. Read More

Small businesses are the engine of America’s prosperity and when they succeed, good jobs are created, economic opportunity is abundant and healthier communities are created. With this in mind, we’ve teamed up with the nation’s largest, nonprofit, integrated health care delivery system, Kaiser Permanente, to support urban businesses in Los Angeles and Oakland so our inner cities can thrive. Read More