Blog and News
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 •
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 •
2022 Impact of PCV’s new Restorative Capital & Good Jobs Strategy
Welcome to our 2022 Impact Report! We are filled with immense pride as we share our impact throughout the year and celebrate PCV’s 25th Anniversary in 2023. This report holds a special place as it reflects the evolution of our brand under our new strategy launched last year, to more authentically embody the voices and […]
Jun 29, 2023 – Blog and News • PCV News •
25 Years of Impact: A CDFI’s Journey from Impact Investing to Impact-First Restorative Capital
Authors: Bud Colligan, Co-Founder, PCV, & Bulbul Gupta, President & CEO, PCV The story of Pacific Community Ventures began with a question in 1998 at the height of the dot.com boom: how can an entrepreneurial haven like Silicon Valley provide monetary and people resources to low income communities to create a more inclusive economy? A […]
Jun 28, 2023 – Blog and News • Impact Investing •
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 •
Unlocking the Potential of Small Businesses: Insights and Recommendations from a Business Advising Case Study
BIPOC-owned small businesses play a crucial role in creating jobs, providing essential services, driving ownership in communities and generating economic growth, yet still face significant challenges accessing capital. CDFIs play a critical role in closing this funding gap. Pacific Community Ventures’ model for deploying restorative capital provides additional support to clients through pre- and post-engagement […]
Feb 27, 2023 – Blog and News • Good Jobs • Small Business Advising And Mentoring •
$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 •
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.