PCV News
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 •
Starbucks Invests In Pacific Community Ventures as Part of The Community Resilience Fund
Today Starbucks invested $3 Million in Pacific Community Ventures as one of the first seven Community Development Financial Institutions (CDFIs) to receive funding as part of the company’s Community Resilience Fund. With this first round, Starbucks is investing $21 million across these organizations to support equity and economic growth in the communities it serves. Pacific […]
Jan 11, 2022 – PCV News •
PCV’s 2021 Holiday Gift Guide
It is with profound gratitude and humility that we present PCV’s largest ever Small Business Gift Guide. With over 200 contributors from our vast network of business clients, you’ll be able to search for exactly what you need and purchase it from the communities you want to support. We encourage each and every one of you to support our […]
Nov 24, 2021 – PCV News •
Announcing The Oakland Restorative Loan Fund
Our team at Pacific Community Ventures is excited to announce the Oakland Restorative Loan Fund – $2.5 million in no fee, zero-interest small business loans. Loans are available from $10,000 – $100,000. This special program is thanks to community investments from UCSF and the City of Oakland, with grant support from Bank of America’s Neighborhood […]
Nov 18, 2021 – PCV News • Small Business Loans • Small Business Resources •
$2.5 million in 0% loans now available through Pacific Community Ventures
Pacific Community Ventures (PCV) today launched the Oakland Restorative Loan Fund – $2.5 million in no fee, zero-interest small business loans. This special program is thanks to community investments from UCSF and the City of Oakland, with grant support from funders like Bank of America’s Neighborhood Builders program, Citi Foundation, Battery Powered, and GoFundMe. This […]
Nov 18, 2021 – PCV News • Small Business Loans • Small Business Resources •
Pacific Community Ventures Awards “Good Jobs Grants” To 37 Small Businesses
Pacific Community Ventures has issued $112,500 in “Good Jobs Grants” to 37 California small business owners who worked with the organization to retain their employees and improve job quality even during the last two difficult years. PCV doubled the size of their good jobs rebates this year in order to acknowledge the progress their borrowers […]
Oct 29, 2021 – Good Jobs • PCV News • Small Business Advising And Mentoring • Small Business Clients And Success Stories • Small Business Loans •
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 •
$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 […]