Investing in Sustainable
Communities
Empowering Entrepreneurs & Creating Good Jobs
Leading with Purpose
Meeting the Moment
Investing in Climate Solutions
Amplifying Voices & Advocating Change
Partnering for Progress
Leading with Purpose
Empowering Communities Through Impactful Leadership
In 2024, PCV’s mission was more urgent—and more effective—than ever. We deployed $12.3 million in restorative capital (a 21% year-over-year increase), retained or created 1,144 good jobs, and delivered 8,000 hours of pro bono business advising. Critically, 93% of clients reported that our support helped sustain their business, up from 77% the year prior. Our place-based strategies, including the Oakland Restorative Loan Fund 2.0, demonstrated how flexible capital paired with trusted local partnerships creates measurable impact. With 87% of our capital reaching underestimated entrepreneurs, 80% reaching low-to-moderate income communities, and 71% deployed in climate-vulnerable areas, we’re proving that good jobs and sustainable economic growth can scale—when investment is intentional and community-rooted.
Leading with Purpose
Empowering Communities Through Impactful Leadership
In 2024, PCV’s mission was more urgent—and more effective—than ever. We deployed $12.3 million in restorative capital (a 21% year-over-year increase), retained or created 1,144 good (and green!) jobs, and delivered 8,000 hours of pro bono business advising. Critically, 93% of clients reported that our support helped sustain their business, up from 77% the year prior. Our place-based strategies, including the Oakland Restorative Loan Fund 2.0, demonstrated how flexible capital paired with trusted local partnerships creates measurable impact. With 87% of our capital reaching underestimated entrepreneurs, 80% reaching low-to-moderate income communities, and 71% deployed in climate-vulnerable areas, we’re proving that good jobs and sustainable economic growth can scale—when investment is intentional and community-rooted.
Meeting the Moment
SUPPORTING ENTREPRENEURS FOR ECONOMIC GROWTH
Small businesses are powerful engines of growth—but too often face systemic barriers to patient capital and culturally responsive advising. In 2024, PCV clients saw real results: 93% reported that our support helped sustain operations, and half reported profitability. Our Good Jobs Rebate Program supported 342 small business owners who upgraded wages, benefits, and job quality. With a median wage increase to $24/hour, and 75% of businesses adopting multiple good jobs dimensions, PCV is helping small businesses and the communities they call home not just survive—but thrive. This is what economic mobility looks like in action.
Investing in Climate Solutions
DRIVING SUSTAINABILITY THROUGH CAPITAL AND COMMITMENT
The climate economy must be inclusive—and in 2024, PCV helped make that vision real. Through nearly $1 million in flexible capital deployed via our Climate Resilience Mobilization Fund, we empowered small businesses to participate in the climate economy by modernizing operations, strengthening resilience, and accessing new market opportunities. Products like our flagship Good & Green Loan and Contractor Capital Loan supported clean infrastructure projects and green workforce development. We’re demonstrating how targeted capital can advance both environmental resilience and economic opportunity.
Investing in Climate Solutions
DRIVING SUSTAINABILITY THROUGH CAPITAL AND COMMITMENT
The climate economy must be inclusive—and in 2024, PCV helped make that vision real. Through nearly $1 million in flexible capital deployed via our Climate Resilience Mobilization Fund, we empowered small businesses to participate in the climate economy by modernizing operations, strengthening resilience, and accessing new market opportunities. Products like our flagship Good & Green Loan and Contractor Capital Loan supported clean infrastructure projects and green workforce development. With 79% of climate loans reaching LMI communities, we’re demonstrating how targeted capital can advance both environmental resilience and economic opportunity.
Amplifying Voices & Advocating Change
Policy & Advocacy
PCV is ensuring small businesses are not just beneficiaries of change—but architects of it. In 2024, we advanced systems-level impact by advocating for the modernization of CDFI programs alongside national coalitions. We leveraged tools to surface real-time worker voice data and inform job quality improvements at scale. Through our Good Jobs Community of Practice, we empowered small and mid-sized businesses to adopt measurable job quality indicators and share solutions through peer learning. As a trusted research partner and field leader, PCV is shaping the policy and capital ecosystems that unlock inclusive growth—ensuring that small business owners, workers, and the communities they call home are positioned to thrive.
Partnering for Progress
CELEBRATING COLLABORATION AND LOOKING AHEAD
PCV’s ability to drive measurable impact is grounded in the strength of our partnerships. In 2024, funders and investors enabled us to grow and innovate—supporting our Good Jobs Innovation Lab, expanding into rural and Indigenous markets, and offering new recovery capital through our RESTORE LA Fund for Small Business Recovery and Climate Resilience, backed by a $3 million commitment and powered by strong local partnerships. A catalytic $7M unrestricted gift from Mackenzie Scott’s Yield Giving provided fuel to scale what works. With 80% of capital reaching low-to-moderate income communities, 87% reaching underestimated entrepreneurs, and strong client-reported outcomes, PCV is delivering on the promise of impact. Together, we are building ecosystems that work—for small business owners, workers, and the communities they call home.
Partnering for Progress
CELEBRATING COLLABORATION AND LOOKING AHEAD
PCV’s ability to drive measurable impact is grounded in the strength of our partnerships. In 2024, funders and investors enabled us to grow and innovate—supporting our Good Jobs Innovation Lab, expanding into rural and Indigenous markets, and offering new recovery capital through our RESTORE LA Fund for Small Business Recovery and Climate Resilience, backed by a $3 million commitment and powered by strong local partnerships. A catalytic $7M unrestricted gift from Mackenzie Scott’s Yield Giving provided fuel to scale what works. With 80% of capital reaching low-to-moderate income communities, 87% reaching underestimated entrepreneurs, and strong client-reported outcomes, PCV is delivering on the promise of impact. Together, we are building ecosystems that work—for small business owners, workers, and the communities they call home.
Thank you for your interest in our 2024 Annual Impact Report. To access your copy, please complete the form below. Upon submission, you will gain access to the report.
We appreciate your support and look forward to sharing our impact with you.
Leading with Purpose
Meeting the Moment
Investing in Climate Solutions
Amplifying Voices & Advocating Change
Partnering for Progress
