In the last twenty years, the United States has lost over 3 million manufacturing jobs -- 56,000 in June 2003 alone. For those workers who still have jobs, many are not being paid enough to live. The value of the current minimum wage, $5.15, is 21% less than it was in 1979. In the context of these …
Publications
2002 Social Return Assessment Executive Summary
In 1999, Pacific Community Ventures (formerly known as Silicon Valley Community Ventures) became the first community development venture capital organization in California. Pacific Community Ventures (PCV) seeks to strengthen companies in traditionally overlooked areas to help develop the …
PCV Annual Report 2002
Businesses in the PCV portfolio achieved notable successes throughout 2002, including follow-on financings, new management, major new contracts and significant industry recognition. Our service offerings continue to play a strong role in supporting the vitality of our portfolio. Both on a one-on-one …
2001 Social Return Assessment Executive Summary
In 1999, Silicon Valley Community Ventures (SVCV) brought together the principles of “venture capital” and “community develop” to create the first community development venture capital fund in California. SVCV’s goal is to strengthen businesses in low-income neighborhoods of the San Francisco Bay …
Silicon Valley Community Ventures Annual Report 2001
Like everyone across the nation, SVCV was profoundly affected by the events of September 11. Our organization’s offsite had already been scheduled for early October, and for that we were grateful, as it seemed everything we had been sure of was suddenly less certain. The economic downturn in the Bay …
Silicon Valley Community Ventures Annual Report 2000
The year 2000 was a year of significant accomplishments for our organization, as we completed our own successful transition from start-up phase to full-scale investing, advising and networking services. During the course of the year we made investments in 6 portfolio companies and saw our invested …