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 […]
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 […]