Great news for PCV! The US Treasury’s Community Development Financial Institution (CDFI) announced that it will award $186 million to organizations serving low-income communities and PCV is thrilled to have been one of 18 recipient organizations in California, receiving $953,806. We will be using this award to broaden our services to high-potential, job-generating small businesses in the San Francisco Bay Area. Our very own Allison Kelly, Director of Business Advising, says, “We are so grateful for the support of the CDFI fund, which enables us to continue delivering our gold-standard Business Advising program while innovating in capital provisions through our new SAIL Fund. Supporting job creation to our disadvantaged communities is paramount in today’s economy and PCV is dedicated to solving the job creation challenges that we face today through the support of small business”.
Thank you to our network of small businesses, partners, volunteer advisors and PCV supporters who allow us to do the work that we do! For more information about the award, visit www.cdfifund.gov.