Creating good jobs—with benefits and wages people can live on—cost-effectively and for the people who need them most. That’s reinventing prosperity and it’s what Pacific Community Ventures is all about.
In 2010, PCV engaged with 200 small businesses, helping them to grow—and grow they did. PCV companies grew employment by nine percent in 2010. In total, our efforts helped support 3,000 jobs and pay over $50 million in wages to residents of California’s vulnerable neighborhoods. On top of that, through research and analysis PCV expanded our influence on policy to spur the economy and drive resources to low-income communities.
We fulfill our mission through two core nonprofit programs and our affiliated equity funds:
In 2010, PCV engaged with 200 small businesses, helping them to grow—and grow they did. PCV companies grew employment by nine percent in 2010. In total, our efforts helped support 3,000 jobs and pay over $50 million in wages to residents of California’s vulnerable neighborhoods. On top of that, through research and analysis PCV expanded our influence on policy to spur the economy and drive resources to low-income communities.
We fulfill our mission through two core nonprofit programs and our affiliated equity funds:
BUSINESS ADVISING
We recruit California’s brightest business minds to volunteer their expertise to help promising small businesses grow and create jobs in lower-income communities. PCV’s community of advisors, entrepreneurs, and partner organizations provide small business owners with knowledge and resources to help them—and their employees— excel. Our focus is on brick-and-mortar small businesses, like those in manufacturing and distribution, that have the potential to create quality jobs in vulnerable communities.INSIGHT
Through policy research, analysis and education, PCV works to drive capital and other resources to underserved markets, advancing the field of impact investing. With the tools and advice InSight provides – including social performance due diligence and evaluation– investors can earn competitive financial returns while generating verified social benefits and policy-makers can craft innovative policies to support entrepreneurship in disadvantaged communities.EQUITY FUNDS
Pacific Community Management, an affiliate of Pacific Community Ventures, manages three private equity funds, investing capital in high-potential businesses in California’s underserved areas to yield financial returns for investors and quality jobs for residents of lower-income communities.
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PCV 2010 Annual Report (PDF)