Blog
Pacific Community Ventures Receives $7 million Gift from Mackenzie Scott
Pacific Community Ventures (PCV) is honored to receive a $7 million gift from Yield Giving, the philanthropic organization established by Mackenzie Scott. This unrestricted gift is a transformative boost to PCV’s Restorative Capital Strategy, which is driving economic mobility, racial and climate justice through the power of entrepreneurship and a good quality job – helping keep the American […]
Nov 19, 2024 – Blog and News • PCV News •
Creating Good Jobs – the Entrepreneur’s Journey
By: Mick Acevedo Loayza, Research Analyst, Pacific Community Ventures What would it look like if jobs at America’s small businesses (the ones who employ almost half of Americans) were not the domain of the “working poor,” but rather “Good Jobs” that supported economic mobility through intergenerational wealth building? Research presented in Pacific Community Ventures’ newly […]
Jul 15, 2024 – Good Jobs • Impact Investing •
Ensuring Historic Federal Climate Investments (GGRF) Work Well for Justice40 and LMI Communities
By: Casey Bell, Chief Impact Officer-Pacific Community Ventures The opportunity presented by the EPA’s historic $27 billion in grants for the climate economy through the Greenhouse Gas Reduction Fund (GGRF) is arriving at a critical moment where the U.S. is facing two inter-related systemic risks: the existential risks presented by the climate crisis, and the […]
Apr 22, 2024 – Blog and News • Climate Justice • Impact Investing •
Investing in Beloved Community: A Playbook for Place-Based Impactful Lending
By: Bulbul Gupta, President & CEO-Pacific Community Ventures; Casey Bell, Chief Impact Officer-Pacific Community Venters; Charles Fisher-Post, Associate Director, Good Jobs Innovation Lab-Pacific Community Ventures Addressing a Legacy of Disparity by Design Racial disparities in wealth and income, also known as the “Black/white wealth gap,” are no coincidence. They exist by design. The damage caused […]
Feb 15, 2024 – Blog and News • Good Jobs • Impact Investing • PCV News •
Five Lessons from the One-Year Anniversary of PCV’s Good Jobs Innovation Lab
By Bulbul Gupta, President & CEO; and Casey Bell, Chief Impact Officer One year ago, Pacific Community Ventures launched its Good Jobs Innovation Lab at the Clinton Global Initiative. We embarked on an ambitious Five Pillar Research Agenda exploring the intersection of restorative capital and business advising for low-income and entrepreneurs of color – with […]
Sep 18, 2023 – Blog and News • Good Jobs • Impact Investing • PCV News •
2022 Impact of PCV’s new Restorative Capital & Good Jobs Strategy
Welcome to our 2022 Impact Report! We are filled with immense pride as we share our impact throughout the year and celebrate PCV’s 25th Anniversary in 2023. This report holds a special place as it reflects the evolution of our brand under our new strategy launched last year, to more authentically embody the voices and […]
Jun 29, 2023 – Blog and News • PCV News •
25 Years of Impact: A CDFI’s Journey from Impact Investing to Impact-First Restorative Capital
Authors: Bud Colligan, Co-Founder, PCV, & Bulbul Gupta, President & CEO, PCV The story of Pacific Community Ventures began with a question in 1998 at the height of the dot.com boom: how can an entrepreneurial haven like Silicon Valley provide monetary and people resources to low income communities to create a more inclusive economy? A […]
Jun 28, 2023 – Blog and News • Impact Investing •
Letter: Debt Ceiling and Proposed Cuts
Press release published May 10, 2023 by Public Private Strategies Dear Speaker McCarthy, Leader Jeffries, Majority Leader Schumer, and Leader McConnell: We write to you on behalf of American businesses — large, small, women and minority-owned — urging you to take immediate action to avoid the United States government from defaulting and avert an imminent […]
May 12, 2023 – PCV News • Uncategorized •
Introducing Pacific Community Ventures’ Good Jobs Entrepreneurs Fellowship: Co-Creating a Path Towards High-Quality Jobs for Small Business Owners
By: Charles Fisher-Post, Associate Director, Good Jobs Innovation Lab Pacific Community Ventures (PCV) is thrilled to announce the launch of our very first Good Jobs Entrepreneurs Fellowship! The program is designed to bring together a cohort of 14 outstanding PCV clients who have demonstrated a commitment to providing their employees with high-quality jobs towards racial […]
Apr 04, 2023 – Blog and News • Good Jobs • PCV News •
Unlocking the Potential of Small Businesses: Insights and Recommendations from a Business Advising Case Study
BIPOC-owned small businesses play a crucial role in creating jobs, providing essential services, driving ownership in communities and generating economic growth, yet still face significant challenges accessing capital. CDFIs play a critical role in closing this funding gap. Pacific Community Ventures’ model for deploying restorative capital provides additional support to clients through pre- and post-engagement […]
Feb 27, 2023 – Blog and News • Good Jobs • Small Business Advising And Mentoring •
3 Ways PCV Uses Data Analytics to Close the Racial Wealth Gap
Author: Kenneth Kitahata, Manager of Data & Analytics Pacific Community Ventures (PCV) is a 501(c)(3) nonprofit impact investor and community development financial institution (CDFI). In 2022, our integrated “loan + advice” model deployed $9M in loans and helped 2000+ BIPOC, women, and other underestimated small business owners create good jobs with dignity, address racial and […]
Jan 11, 2023 – Good Jobs • Impact Investing •
$2.5 Million Investment to Help Minority-Owned Businesses Thrive in Oakland
Pacific Community Ventures (PCV) is working with JPMorgan Chase, The Rockefeller Foundation, Local Initiatives Support Corporation (LISC), and several Community Development Financial Institutions (CDFIs) in an initiative to expand the Entrepreneurs of Color Fund (EOCF) program in Oakland. The $2.5 million commitment over two years will support diverse-led small businesses and provide them with opportunities […]