What’s New In Impact Investing? November Roundup

Patrick DugganImpact Investing, InSight

impact investing due diligence

Impact investing is about using markets and money for social good. Impact investing is built on the belief that private capital can play a powerful role in solving the massive global challenges of our day, and that capital markets should work for good as well as profit. This vision is realized through investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. Every month, PCV will give you a roundup of what’s new in the field, what conversations are taking place, and how you can get involved. Here are some highlights from November: Many impact investors – be they individual or institutional, public or private, don’t do impact measurement. They don’t like to admit it, but in conversation will tell you they think it’s a waste of time and resources because it burdens investees and distracts from supporting the … Read More

How to Get Your Business Ready for Small Business Saturday

Guest WriterSmall Business ResourcesLeave a Comment

Launched in 2010 by American Express, Small Business Saturday is a reminder to Americans everywhere to go out and support the small businesses that they love. Falling each year on the Saturday after Thanksgiving, Small Business Saturday is a tonic to the corporatized chaos of Black Friday. Instead of emphasizing doorbuster deals and early morning business hours, Small Business Saturday honors homegrown businesses and the people who run them. If you run a small business—particularly in the retail or food service space—then Small Business Saturday is a significant opportunity. This day gets a lot of exposure (not as much as Black Friday, but what does?) and generates considerable sales potential for independent brands. By capitalizing on Small Business Saturday and using it to promote your business, you could give yourself one of your best sales days of the year. The question is, how do you prepare? Small Business Saturday itself—the … Read More

Meet Our Latest Borrower: iThinkEvents

Patrick DugganSmall Business Clients And Success Stories, Small Business Loans

iThinkEvents is a comprehensive events management company founded by Gareth Gallagher in 2015. With offices in London, Singapore, and San Francisco, the team at iThinkEvents works to create events that are unimaginable until they happen, and unforgettable once they have. The business has seen tremendous growth since Gareth emigrated to the United States three years ago, securing contracts with Google, Rocketspace, and Coherus. In this time, Gareth has grown to a staff of 20, with plans of hiring on 6 additional employees in the coming year. All of Gareth’s employees are offered unlimited vacation time, and some receive health benefits. Even with all of this success, because Garteth is an immigrant he was having a hard time getting a loan to expand further — so he came to PCV. The business offers a variety of services – Event and travel logistics, finding venues, data management, and audiovisual production – in … Read More

Reflections On SOCAP 2017

Lena BackeImpact Investing, InSight, PCV News

SOCAP17

In early October, Pacific Community Ventures had the opportunity to engage with panels at SOCAP in all capacities – as moderators, speakers, and attendees. SOCAP, which celebrated its 10th anniversary this year with a record gathering of 3,000 attendees, is the “largest impact investing capital markets gathering in the world.” As an organization with both a small business lending program and an impact investing consulting practice, we were eager to share our insights as well as learn from innovators in the Bay Area and across the world. Needless to say, we packed a lot of learning into four days. Here are our 6 top takeaways: The current political climate is creating a sense of urgency that’s driving a booming interest in the impact investing industry. Panelists and attendees alike emphasized that the general public no longer believes we can necessarily rely on the government to solve our problems and address … Read More

What’s New In Impact Investing? October Roundup

Patrick DugganImpact Investing, InSight

sustainable green energy

Impact investing is about using markets and money for social good. Impact investing is built on the belief that private capital can play a powerful role in solving the massive global challenges of our day, and that capital markets should work for good as well as profit. This vision is realized through investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. Every month, PCV will give you a roundup of what’s new in the field, what conversations are taking place, and how you can get involved. Here are some highlights from October: This month was exciting, as we saw the first ever ‘impact rating’ issued for a publicly traded mutual fund, as our friend Oscar Perry Abello details in ImpactAlpha. Just as third-party ratings have become essential for judging financial risk of an investment, third-party verification of impact … Read More

Small Business Resources Roundup

Patrick DugganSmall Business Advising And Mentoring, Small Business Resources

Each month, we bring you the latest roundup of resources for small business owners bootstrapping their businesses and creating quality jobs in their communities. Don’t forget to follow us on Twitter at @PCVtweets. Every Monday we post a new collection of new must-read small business resources, articles, and news. Are there any specific areas your business needs advice in? Let us know, and we’ll search for what you need to add to our monthly roundup.

An Economy For Everyone: October Quality Jobs Recap

Patrick DugganQuality Jobs

small business quality jobs

In order to build wealth and create opportunities in and across America’s underserved communities, and reverse the troubling trends we’re seeing in our economy, we no longer find it defensible to focus on job creation alone. It’s clear that job creation does not itself equate to lasting economic change. And so, we must shift our focus to the creation of higher quality jobs — jobs that are good for workers and their families, good for businesses, and good for communities — enabling us to build an economy that works for everyone. Each month, we bring you the latest roundup of news from the fight for quality jobs for working people. This month we start off with a great piece from our friends at City Lab. They profile Vewiser Dixon of Kansas City who lives in a once-prosperous African-African neighborhood made famous by Charlie Parker and Count Basie. Dixon wants to … Read More

3 ways business advising can make your CDFI more successful

Patrick DugganSmall Business Advising And Mentoring

CDFI technical assistance platform

CDFIs have a two-decade track record of investing in and creating jobs within underserved communities, are uniquely positioned to address the troubling trend of rising wealth and income inequality by working with small businesses to focus on the creation of good jobs. The small businesses that come to CDFIs across America are the ones creating enduring, quality jobs, with living wages and growth opportunities for these workers. “Mom and pop” businesses and entrepreneurial ventures bring stability and renewed energy to deteriorating neighborhoods. A community’s level of social capital and well-being is positively related to its share of the local economy held by local businesses. According to the Small Business Administration, small businesses that receive three or more hours of mentoring achieve higher revenues and increased business growth. Even better, they report: “according to a 2014 survey, 70 percent of small businesses that receive mentoring survive more than five years – … Read More

3 ways business advising can help you nurture your customers

Patrick DugganSmall Business Advising And Mentoring

nurture customers advising

Satisfied small business customers are loyal small business customers. Whether your company is providing financial services, benefits packages, or office supplies to small businesses, you have a vested interest in the long-term health and growth of those clients. You’re probably also well aware that small businesses don’t survive as long as big businesses – but you might not know there’s something you can do about it while also bolstering your bottom line. Think of the employees in your company, and all the collective business skill and knowhow they possess. You could bring that collective skill to bear to help your customers by creating a formal program where staff can provide your customers with pro bono advice. Having a formal pro bono program at your company can bring your people together around a purpose in their work, instill pride in your company, and increase their conviction that your company is doing something … Read More