GreenBiz photocollage, via Shutterstock
This week, the eyes of the nation and the world are riveted on Washington, D.C., as America attempts the peaceful transfer of power that has long been a revered symbol of pride and national identity. I’ll certainly be among them, bidding a not-so-fond adieu to the current occupant of the White House these days, a diminished pariah, even within his own party.
But I’ll also be peering over at corporate boardrooms and corner offices where a seemingly newfound set of political ideals appears to be setting in. How those ideals evolve will be one of the many fascinating storylines of 2021 and beyond.
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Bain Capital kicks in $2.5 million for Foundation for Business Equity
Itâs part of a broader effort to address racial inequities in the city
By Jon Chesto Globe Staff,Updated January 17, 2021, 4:31 p.m.
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Glynn Lloyd is the executive director of the Foundation for Business Equity.Stephen Russell Duncan/Photo courtesy of Foundation for Business Equity
Bain Capitalâs latest investment doesnât involve a beaten-down retail chain or a promising biopharmaceutical pioneer. Instead, the private equity giant is betting on a Boston nonprofit aimed at mentoring businesses owned by people of color.
Bain has agreed to donate $2.5 million over five years to the Foundation for Business Equity, launched in 2017 by Eastern Bankâs charitable arm. Eastern remains the foundationâs largest corporate benefactor, but Bain will
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