PCV News
PCV Announces New Commitment at Clinton Foundation to Close The Business Advising Gap
This week Pacific Community Ventures joined President Bill Clinton as the Clinton Foundation kicked off “Building an Inclusive Recovery,” a Clinton Foundation series to address racial, ethnic, tribal, economic, and health disparities in wake of COVID-19. Featured participants included Ajay Banga, chief executive officer of Mastercard; Mayor Randall Woodfin, Birmingham; Wole C. Coaxum, founder and chief executive officer, […]
Oct 22, 2020 – PCV News • Small Business Advising And Mentoring •
PCV and Other National Small Business Leaders Release Five-Point Plan to Save the Small Business Sector
With Congress at an impasse on a new stimulus package and permanent business closures rising by the day, a group of the country’s leading nonprofit executives, former senior federal officials, and top public policy experts today released “Big Ideas for Small Business,” a five-step plan outlining a path forward for America’s threatened small business sector. […]
Oct 20, 2020 – PCV News • Publications •
October Note From Our CEO: Hope in Hard Times
Good morning, PCV community, This week marks my first full year as CEO of Pacific Community Ventures, and what an experience this has been. It has driven home for me the essential nature of our work and our Good Jobs, Good Business model: providing affordable access to capital and free advising for entrepreneurs who have long […]
Oct 07, 2020 – PCV News •
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 •
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 […]