Blog and News
PCV Annual Report 2005
We are pleased to report that Pacific Community Ventures had a very good year in 2005. We celebrated an outstanding Double Bottom Line success of our equity investment model. We experienced tremendous growth in both the scope and reach of our Business Advisory Service. And we expanded significantly our Workforce Development programs. In summary, 2005 […]
Jul 28, 2015 – Blog and News •
2004 Social Return Assessment Executive Summary
Companies financed by PCV are committed to hiring individuals from LMI communities. Between April 2000 and December 2004, PCV financed portfolio companies employed a cumulative total of 1,173 designated employees. Throughout the course of 2004, 543 designated employees worked in the eight active PCV financed businesses in a range of skilled and semi-skilled positions. Designated […]
Jul 23, 2015 – Blog and News • Impact Consulting • Impact Investing •
PCV Annual Report 2004
2004 was a growth year for Pacific Community Ventures (PCV) marked by expansion of our services and investments throughout California. Over the past six years, Pacific Community Ventures has seen powerful results from its unique model for community development that utilizes the tools of business for social change. Our two private equity funds provide a […]
Jul 23, 2015 – Blog and News •
2003 Social Return Assessment Executive Summary
PCV is a double bottom line investor, working to achieve social as well as financial returns on its investments. PCV believes that clear, ongoing measurement is critical to articulating the impact of its work. As there are no “industry standards” for measuring and reporting on social return, PCV has developed its own standards and methodology […]
Jul 23, 2015 – Blog and News • Impact Consulting • Impact Investing •
PCV Annual Report 2003
2003 was a particularly exciting and active year at Pacific Community Ventures. We deployed $4 million to four growing companies. One of these investments was in our first Southern California portfolio business. Located near Los Angeles, Radiovisa is a producer and national syndicator of Spanish language radio programs and services targeting Hispanics of Mexican origin. […]
Jul 23, 2015 – Blog and News •
The Challenges and Opportunities of Investing in Low-Income Communities
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 […]
Jul 23, 2015 – Blog and News • Good Jobs •
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 communities around them. They do this primarily by working with companies that provide good jobs with marketable […]
Jul 23, 2015 – Blog and News • Impact Consulting • Impact Investing •
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 basis, and through PCV Business Roundtables and CEO forums, our network of experienced […]
Jul 23, 2015 – Blog and News •
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 Area in order to help develop the communities around them.
Jul 23, 2015 – Blog and News • Impact Consulting • Impact Investing •
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 Area has of course created […]
Jul 23, 2015 – Blog and News •
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 portfolio provide a total of 146 jobs to low-income […]
Jul 23, 2015 – Blog and News •
A Big Idea for Job Creation
The California Organized Insurance Network (COIN) CDFI Tax Credit program (the Program), administered by the California Department of Insurance, has a track record of creating jobs in some of California’s most underserved communities. Drawing on a well-designed policy framework, an efficient and dedicated team of public officials responsible for COIN, and an effective statewide infrastructure […]