Pacific Community Ventures Receives $7 million Gift from Mackenzie Scott
Pacific Community Ventures (PCV) is honored to receive a $7 million gift from Yield Giving, the philanthropic organization established by Mackenzie Scott. This unrestricted gift is a transformative boost to PCV’s Restorative Capital Strategy, which is driving economic mobility, racial and climate justice through the power of entrepreneurship and a good quality job – helping keep the American […]
Nov 19, 2024 – Blog and News • PCV News •
Creating Good Jobs – the Entrepreneur’s Journey
By: Mick Acevedo Loayza, Research Analyst, Pacific Community Ventures What would it look like if jobs at America’s small businesses (the ones who employ almost half of Americans) were not the domain of the “working poor,” but rather “Good Jobs” that supported economic mobility through intergenerational wealth building? Research presented in Pacific Community Ventures’ newly […]
Jul 15, 2024 – Good Jobs • Impact Investing •
Ensuring Historic Federal Climate Investments (GGRF) Work Well for Justice40 and LMI Communities
By: Casey Bell, Chief Impact Officer-Pacific Community Venters The opportunity presented by the EPA’s historic $27 billion in grants for the climate economy through the Greenhouse Gas Reduction Fund (GGRF) is arriving at a critical moment where the U.S. is facing two inter-related systemic risks: the existential risks presented by the climate crisis, and the […]
Apr 22, 2024 – Blog and News • Climate Justice • Impact Investing •
Investing in Beloved Community: A Playbook for Place-Based Impactful Lending
By: Bulbul Gupta, President & CEO-Pacific Community Ventures; Casey Bell, Chief Impact Officer-Pacific Community Venters; Charles Fisher-Post, Associate Director, Good Jobs Innovation Lab-Pacific Community Ventures Addressing a Legacy of Disparity by Design Racial disparities in wealth and income, also known as the “Black/white wealth gap,” are no coincidence. They exist by design. The damage caused […]
Feb 15, 2024 – Blog and News • Good Jobs • Impact Investing • PCV News •
Five Lessons from the One-Year Anniversary of PCV’s Good Jobs Innovation Lab
By Bulbul Gupta, President & CEO; and Casey Bell, Chief Impact Officer One year ago, Pacific Community Ventures launched its Good Jobs Innovation Lab at the Clinton Global Initiative. We embarked on an ambitious Five Pillar Research Agenda exploring the intersection of restorative capital and business advising for low-income and entrepreneurs of color – with […]
Sep 18, 2023 – Blog and News • Good Jobs • Impact Investing • PCV News •
Introducing Pacific Community Ventures’ Good Jobs Entrepreneurs Fellowship: Co-Creating a Path Towards High-Quality Jobs for Small Business Owners
By: Charles Fisher-Post, Associate Director, Good Jobs Innovation Lab Pacific Community Ventures (PCV) is thrilled to announce the launch of our very first Good Jobs Entrepreneurs Fellowship! The program is designed to bring together a cohort of 14 outstanding PCV clients who have demonstrated a commitment to providing their employees with high-quality jobs towards racial […]
Apr 04, 2023 – Blog and News • Good Jobs • PCV News •
3 Ways PCV Uses Data Analytics to Close the Racial Wealth Gap
Author: Kenneth Kitahata, Manager of Data & Analytics Pacific Community Ventures (PCV) is a 501(c)(3) nonprofit impact investor and community development financial institution (CDFI). In 2022, our integrated “loan + advice” model deployed $9M in loans and helped 2000+ BIPOC, women, and other underestimated small business owners create good jobs with dignity, address racial and […]
Jan 11, 2023 – Good Jobs • Impact Investing •
$2.5 Million Investment to Help Minority-Owned Businesses Thrive in Oakland
Pacific Community Ventures (PCV) is working with JPMorgan Chase, The Rockefeller Foundation, Local Initiatives Support Corporation (LISC), and several Community Development Financial Institutions (CDFIs) in an initiative to expand the Entrepreneurs of Color Fund (EOCF) program in Oakland. The $2.5 million commitment over two years will support diverse-led small businesses and provide them with opportunities […]
Dec 15, 2022 – Blog and News • Good Jobs • Impact Consulting • Impact Investing • PCV News •
Mapping the PCV Impact Frontier – How much alpha does it cost to fix the racial and gender wealth gap?
Pacific Community Ventures (PCV) is one of the U.S.’s first impact investing organizations, and a community development financial institution (CDFI) with a mission to eradicate the market failures that create barriers for small business entrepreneurs that perpetuate the racial and gender wealth gap in America. PCV provides restorative loans and culturally-competent business advising to its small business clients, and in 2022 launched its Good Jobs Innovation Lab, which leverages data infrastructure and analytics to surface behavioral economic insights and identify drivers of good jobs creation.
Nov 16, 2022 – Good Jobs • Impact Investing •
PCV’s CEO Bulbul Gupta Selected to Serve on the U.S. Treasury Department’s Inaugural Advisory Committee on Racial Equity
25-member committee will advise Secretary, Deputy Secretary on efforts to advance racial equity WASHINGTON – Pacific Community Ventures’ CEO, Bulbul Gupta, has been appointed to serve as a member of the inaugural Department of Treasury Advisory Committee on Racial Equity, announced today by U.S. Secretary of the Treasury Janet L. Yellen, at an event marking […]
Oct 04, 2022 – Blog and News • Good Jobs • PCV News •
4 Reasons PCV is Focused on Good Jobs for Small Businesses
Today, Pacific Community Ventures (PCV), one of the first impact investing organizations in the US, announced at the Clinton Global Initiative (CGI) their commitment to launch the Good Jobs Innovation Lab, to help improve job quality for the 50% of Americans employed at small businesses across the country.
Sep 21, 2022 – Blog and News • Good Jobs • PCV News •
PCV Announces GOOD JOBS INNOVATION LAB at Clinton Global Initiative
Today, Pacific Community Ventures (PCV), one of the first impact investing organizations in the US, announced at the Clinton Global Initiative (CGI) their commitment to launch the Good Jobs Innovation Lab, to help improve job quality for the 50% of Americans employed at small businesses across the country.