Blog
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 […]
Dec 15, 2022 – Blog and News • Good Jobs • Impact Consulting • Impact Investing • PCV News •
Mapping the PCV Impact Frontier – How much alpha does it cost to fix the racial and gender wealth gap?
Pacific Community Ventures (PCV) is one of the U.S.’s first impact investing organizations, and a community development financial institution (CDFI) with a mission to eradicate the market failures that create barriers for small business entrepreneurs that perpetuate the racial and gender wealth gap in America. PCV provides restorative loans and culturally-competent business advising to its small business clients, and in 2022 launched its Good Jobs Innovation Lab, which leverages data infrastructure and analytics to surface behavioral economic insights and identify drivers of good jobs creation.
Nov 16, 2022 – Good Jobs • Impact Investing •
PCV’s CEO Bulbul Gupta Selected to Serve on the U.S. Treasury Department’s Inaugural Advisory Committee on Racial Equity
25-member committee will advise Secretary, Deputy Secretary on efforts to advance racial equity WASHINGTON – Pacific Community Ventures’ CEO, Bulbul Gupta, has been appointed to serve as a member of the inaugural Department of Treasury Advisory Committee on Racial Equity, announced today by U.S. Secretary of the Treasury Janet L. Yellen, at an event marking […]
Oct 04, 2022 – Blog and News • Good Jobs • PCV News •
4 Reasons PCV is Focused on Good Jobs for Small Businesses
Today, Pacific Community Ventures (PCV), one of the first impact investing organizations in the US, announced at the Clinton Global Initiative (CGI) their commitment to launch the Good Jobs Innovation Lab, to help improve job quality for the 50% of Americans employed at small businesses across the country.
Sep 21, 2022 – Blog and News • Good Jobs • PCV News •
PCV Announces GOOD JOBS INNOVATION LAB at Clinton Global Initiative
Today, Pacific Community Ventures (PCV), one of the first impact investing organizations in the US, announced at the Clinton Global Initiative (CGI) their commitment to launch the Good Jobs Innovation Lab, to help improve job quality for the 50% of Americans employed at small businesses across the country.
Sep 19, 2022 – Blog and News • Good Jobs • PCV News •
Decolonizing Capital For Racial & Economic Justice: Pacific Community Ventures 2021 Social Impact Report
PCV is committed to making sure our entrepreneurs who have historically been left out of the traditional financial system gain access to the capital and resources they need to meet their ambition. PCV was one of America’s first impact investors – and CDFIs like us were created out of the Civil Rights Movement with the purpose of getting capital to low-income and communities of color.
Jun 20, 2022 – Blog and News • PCV News •
How Businesses Grow Through A Good Jobs Strategy
For CDFIs to manifest the intentions set out by Civil Rights leaders to serve both racial and economic justice, we cannot be siloed from one another. We must work together to create lasting systemic change, impactful thought leadership, and transformative policy. While PCV’s day-to-day work centers on our small business clients, our Good Jobs Innovation […]
Mar 24, 2022 – Good Jobs •
CDFIs Exist To Align Capital With Justice
Childcare – and the struggles of daycare owners to stay open, daycare workers to get the pay and benefits they deserve, and working parents to afford the cost of childcare with no help from the Federal government – has come to define the last two years. La Plazita preschool in Oakland is a true Spanish […]
Mar 11, 2022 – PCV News •
The Alliance and Pacific Community Ventures Join Forces to Advance Racial Justice in the CDFI Industry
The African American Alliance of CDFI CEOs (“The Alliance”), and Pacific Community Ventures (“PCV”) announced today they entered a partnership to recenter Civil Rights within the CDFI industry and elevate industry practice, through policy changes, to ensure CDFIs work toward racial equity and economic justice with greater intentionality, transparency, and accountability to their communities, meeting […]
Mar 04, 2022 – PCV News •
Managing Negative Impact
How does impact investing actually make a difference? In the face of a global pandemic, widening inequality, racial justice, and the climate crisis, impact investors and corporate social responsibility teams have been leveraging their capital to tackle some of our biggest problems. From supporting early-stage investments in vaccine developers to providing finance to sustain struggling […]
Feb 23, 2022 – Blog and News • Impact Investing •
The Value of Mentoring: From the Folx Who Make it Happen
As we reflected on National Mentoring Month, we wanted to go to the very people who facilitate meaningful mentorships between experienced pro-bono Business Advisors and eager small business owners. Our team of Relationship Managers are responsible for matching our versatile group of mentors to the small business owners who can best benefit from their expertise. […]