Blog
Spurring Inclusive Economic Recovery Through Donor-Advised Funds
COVID-19 has drawn attention to systemic racial and economic injustice in the United States of America, yet over this unprecedented year, the racial wealth gap has widened even further. Too many BIPOC-owned small businesses have permanently shut down after being denied or simply not qualifying for sustaining capital and Federal stimulus. Now is the time […]
Oct 25, 2021 – Impact Investing • PCV News • Publications •
Growing Michigan’s Good Food Future: An Evaluation of the Michigan Good Food Fund 2015-2019
Below is the foreword written by Capital Impact Partners, as part of the full impact evaluation and report which was conducted by PCV. For more than four decades, Capital Impact Partners—a nonprofit, national Community Development Financial Institution (CDFI)—has provided financing and capacity-building programs to advance racial and economic justice by facilitating access to quality health […]
Oct 05, 2021 – Impact Consulting • Impact Investing • Publications •
California FreshWorks’ Social and Economic Impacts 2018 – 2020
More than one million Californians, many in low-income communities, live without access to grocery stores, or other sources of fresh and healthy food. California produces over half of the country’s fruits and vegetables, yet California faces a food insecurity rate of 23.7 percent. The food insecurity rates for Black, Indigenous, and People of Color (BIPOC) […]
Oct 05, 2021 – Impact Consulting • Impact Investing • Publications •
$56.5 Million in New Funding Available to Help California’s Smallest Businesses Build Back from COVID-19 Pandemic
California’s smallest businesses now have access to an additional $56.5 million through the California Rebuilding Fund, which offers flexible, low-cost loans to support long-term recovery from the COVID-19 pandemic. First announced by Gov. Gavin Newsom in November 2020, the California Rebuilding Fund is a public-private partnership that blends capital from private, philanthropic and public sector […]
Sep 20, 2021 – PCV News • Small Business Loans •
Policy Brief: An Impact Investing Policy Agenda for Growing Employee Ownership to Support COVID-19 Recovery
By: Brenna McCallick, Sanjana Seth, Jacqulyn Washington, and Tom Woelfel PCV is excited to announce the release of a new Policy Brief: An Impact Investing Policy Agenda for Growing Employee Ownership to Support COVID-19 Recovery. With support from the Tipping Point Fund on Impact Investing (TPF), PCV conducted in-depth research and interviews with experts from […]
Sep 17, 2021 – Good Jobs • Impact Investing • PCV News • Publications •
PCV Awarded $500,000 From Citi Foundation
We’re excited to announce that we’ve been awarded $500,000 in unrestricted funding by the Citi Foundation to scale our work serving small businesses owned by people of color across California. The small businesses that line our streets, employ our neighbors, provide the goods and services we rely on everyday, and generally serve as the foundation […]
Jul 21, 2021 – PCV News •
0% Loans Now Available in San Francisco
San Francisco’s small business climate is symbolic of what many cities are facing — as COVID forced many office buildings and business and financial districts to shut down as workers went remote, small businesses reliant on office workers and tourism were hit especially hard. We’ve seen this play out through the eyes of hundreds of […]
Jul 08, 2021 – PCV News • Small Business Loans •
PCV Receives $1.8 Million From CDFI Fund To Support CA Small Businesses
The U.S. Department of the Treasury today awarded $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs). The awards were announced today by Vice President Kamala Harris at the White House with Treasury Secretary Janet L. Yellen. The grants will be made through Treasury’s CDFI Rapid Response Program (CDFI RRP) and […]
Jun 15, 2021 – PCV News • Small Business Loans •
The State of Small Business: PCV’s 2020 Impact Report
Times of crisis force us to dig deep in so many ways, and test us in new ways. The COVID-19 pandemic has been a magnifying glass over structural inequity that is generations’ old, and the fallout threatens yet another generation of businesses owned by entrepreneurs of color. The same entrepreneurs that have always had the […]