Blog
Announcing PCV’s Small Business Support Circle
Labor Day marks six months since the COVID pandemic began in March. In that time it’s estimated over 100,000 small businesses have closed forever, and close to one million more are at risk across the country. The Federal response to COVID has fallen despairingly short for small businesses, and despite the (flawed) Paycheck Protection Program, […]
Sep 07, 2020 – PCV News • Small Business Advising And Mentoring •
PCV is Part of a New Initiative That Looks to Support California Small Businesses
The Governor’s Office of Business and Economic Development (GO-Biz) today announced the California Rebuilding Fund, a new public-private partnership of which Pacific Community Ventures is a part, that will leverage government backed capital to support California’s small businesses – especially the smallest under-served firms and entrepreneurs from communities that have been historically disenfranchised. The initiative […]
Aug 27, 2020 – PCV News • Small Business Loans • Small Business Resources •
How Companies Can Handle Spending in the Wake of California’s AB5
If your company utilizes independent contractors, then California’s landmark Assembly Bill 5 legislation could have a dramatic effect on your business. Specifically, the cost of doing business could suddenly increase to the point that your business becomes unsustainable. Fortunately, there are steps your company can take to reduce spending in other areas so that you […]
Aug 03, 2020 – Small Business Resources •
August CEO Notes: Reparative Capital Is An Idea Whose Time Has Come
Dear PCV Community, We are coming up on six months of the COVID-19 pandemic shutting down cities and states across our country, and forcing America’s small businesses to the brink. We’ve seen stories of resiliency and hope, but at this milestone we know communities and small business owners across the country are barely hanging on, […]
Jul 30, 2020 – PCV News •
PCV Receives A Grant From The Tipping Point Fund to Advance Policy Ideas That Mobilize Private Capital for Public Good
Black and Brown business owners need affordable loans and accessible, free advice. They also need markets to support them at all levels. For centuries, the finance industry has not only been complicit in racist policies like redlining, underinvesting in Black-owned businesses, and profiting off of bad mortgages to Black homeowners, but many fortunes were built out […]
Jul 08, 2020 – Good Jobs • Impact Investing • PCV News •
July CEO Notes: CDFIs Need Help to Show Up for Black and Brown Entrepreneurs
Good morning, PCV community, In times of turmoil, Mr. Rogers told kids to “Look for the helpers.” Given what we do at PCV, organizations like us that are economic first responders to the most vulnerable communities are best positioned to be those helpers. At the 3-month anniversary of the COVID-19 pandemic and the first shelter-in-place orders, […]
Jul 06, 2020 – PCV News •
PCV Partners With Kaiser Permanente to Fight Racism and Promote Equity
Kaiser Permanente, the nation’s largest integrated health system, announced a series of actions — including $60 million in joint investments and $40 million in grant funding — to address systemic racism and lack of economic opportunities that have persisted for far too long and prevented communities of color, and especially Black communities, from achieving total […]
Jun 26, 2020 – PCV News •
Pacific Community Ventures Receives Google.org Grant From OFN to Support Small Business Recovery In The Bay Area
Today, Opportunity Finance Network (OFN) announced that Pacific Community Ventures (PCV) was one of six CDFIs in the first round of CDFIs to receive grants from Google.org. The grant will help PCV better serve minority-owned small businesses. Pacific Community Ventures helps small business owners grow and create good local jobs through a “Good Jobs, Good Business” […]
Jun 17, 2020 – PCV News •
June CEO Notes: Shaping an Inclusive Recovery with a Good Jobs Agenda
Good morning, PCV community, This past week has brought the plight of our already distressed communities to the center of the national dialogue, with the twin crises of pandemic and economic realities worsened by racial injustice and killings in the black community. Our neighborhoods, our black-owned businesses, are especially hurting right now. PCV stands with […]