Boston Ujima Project

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434 Massachusetts Ave. Suite 201 Boston, MA 02118

Good Business Certification and Alliance: Ujima’s members have established minimum community standards for our Good Business Certification. These standards consider business practices like living wages, people of color and employee ownership, local purchasing, environmental impact, and affordability to draw a line between exploitative businesses and the enterprises in our communities we choose to support. Certified companies will be listed in a Good Business directory, receive a seal for storefront display, and be eligible to join Ujima’s Business Alliance, where they gain access to capital, technical assistance, cooperative purchasing, and other joint ventures to strengthen operations and market share.

Community Capital Fund: In December 2018, we were proud to launch the Ujima Fund as the first democratically governed capital fund in the US. The majority of Ujima members and investors will be working class people of color in Boston’s low-income communities. Additional capital will be raised from accredited investors, impact investors, and progressive foundations. All investors have an equal vote regardless of amount, modeling a “financial commons” that serves the needs of people and planet over private profit. To date, we have received 231 investments, totaling close to $2,000,000.

Anchor Institution Advocacy: Ujima leverages its networks to organize large “anchor institutions” like hospitals, universities and faith institutions to direct purchasing contracts and other capital to Ujima companies.

Mission

Boston Ujima Project is challenging poverty by organizing our communities’ savings, businesses and customers to grow wealth, civic engagement and community led development in our neighborhoods. Owned and governed by Boston’s communities of color, Ujima’s structures and strategies uplift community voices to redirect dollars towards local people of color owned businesses and social enterprises, building a more democratic, sustainable and equitable future.

Storytelling

We were able to get a member of our Business Alliance a contract with Boston Children's Hospital by hosting a vendor fair attended by the head of supply chain management at the hospital.

Our members voted to lend $100,000 to a member of our Business Alliance (CERO Co-Op) to grow their commercial composting business,which is primarily owned by women-of-color and hires returning citizens, in addition to the environmental impact their core business has.

Type of Organization

  • Community Economic Development Organization

Locations Served

  • Boston
  • Massachusetts

Key Programs and Initiatives

  • Community Capital Fund
  • Good Business Certification and Alliance
  • Anchor Institution Advocacy

Types of Offerings

  • Financing
  • Entrepreneurial Training
  • Workshops
  • Matchmaking/networking opportunities
  • 1 to 1 business advising
  • Mentoring/coaching
  • Cohort Training Programs
  • Certification assistance

Program Delivery

  • Hybrid (in person/virtual)

Members of the Black Community Served

  • Immigrants
  • Returning Citizens/Formerly incarcerated
  • Women
  • 65+/Senior Citizens

Locations of Members of the Black Community Served

  • Low-income areas
  • Low to moderate income areas
  • Urban areas

Targeted Entrepreneur Segments

  • Business Services
  • Manufacturing
  • Accommodation & Food Services
  • Media & Publishing
  • Health Care & Social Services
  • Technology & Software Development

Business Stage

  • Start Up : a young business that is just beginning to develop and determine a market fit.

  • Stay Up : a business that has determined its market fit, but its product/service has not been validated nor has it achieved sustainability.

  • Scale Up : a business that already validated its product in a market and has proven sustainable.

Cost of Programs

  • $25–$250 sliding scale for membership