The Oakland Restorative Loan Fund
Community development financial institutions (CDFIs) like Oakland’s Pacific Community Ventures (PCV) exist to align capital with justice initiatives and to work for communities of color against hundreds of years of systemic racism. The racial justice uprisings last year reinforced how these communities have been historically excluded from banks, government wealth building programs, and redlined out […]
Dec 14, 2021 –
The State of Small Business: PCV’s 2020 Impact Report
Times of crisis force us to dig deep in so many ways, and test us in new ways. The COVID-19 pandemic has been a magnifying glass over structural inequity that is generations’ old, and the fallout threatens yet another generation of businesses owned by entrepreneurs of color. The same entrepreneurs that have always had the […]
Jun 14, 2021 –
Announcing The California Rebuilding Fund
We’re excited to be a founding member of the California Rebuilding Fund — a new program built to support California’s smallest businesses as you adapt, reopen safely, and recover from the effects of COVID-19. This program has been built in partnership with public, private, and nonprofit leaders across the state to ensure that California’s smallest businesses […]
Nov 14, 2020 –
Meeting The Moment: U.S. Impact Investing Policy, Inequality, and COVID-19 Recovery
Pacific Community Ventures (PCV) is excited to announce the release of Meeting the Moment: U.S. Impact Investing Policy, Inequality and COVID-19 Recovery. This discussion paper examines how impact investing policy can be leveraged at the federal level to support the impact investing ecosystem in harnessing private capital to address inequality and catalyze COVID-19 recovery in the […]
Oct 15, 2020 –
PCV and Other National Small Business Leaders Release Five-Point Plan to Save the Small Business Sector
The report advances a number of novel policy ideas, including: A federally-backed, first loss guarantee loan program for fintech lenders that operates at the portfolio level to enable disadvantaged entrepreneurs to access right-sized, federally subsidized loans without the onerous paperwork required under current law; The development of a private sector Environmental, Social and Governance (ESG) […]
Oct 14, 2020 –
PCV Announces The Small Business Support Circle
Pacific Community Ventures has been working hard to stay available to small and minority-owned businesses throughout this crisis, and in bringing together companies and organizations invested in the success and resilience of small businesses across the United States. We are proud to have partnered with Kaiser Permanente to build the Small Business Support Circle, now […]
Sep 14, 2020 –
The Good Jobs Agenda
As we turned the corner into 2020, Pacific Community Ventures’ work has never been more crucial to the communities we serve. The coronavirus pandemic wiped out 22 million jobs — 10 years of job growth — in the first four weeks, with an additional 37 million jobs vulnerable to layoffs and tens of millions of […]
Jul 01, 2020 –
Announcing Good Jobs, Good Business
Small businesses operate in an increasingly competitive market, especially with rising minimum wages and a growing number of laws related to workers’ rights to stable schedules and paid leave. Proactively taking steps such as raising wages, providing scheduling that works for your employees and your business, and streamlining operations can help your business provide exceptional […]
Feb 13, 2020 –
The Impact Due Diligence Guide
We’re pleased to announce the release of The Impact Due Diligence Guide. The Guide is a how-to for engaging in impact due diligence and contains actionable advice and guidance for both novices as well as seasoned experts in IMM, covering topics such as building impact-focused due diligence questionnaires and quantitative tools, integrating impact due diligence into existing processes, and […]
Feb 13, 2020 –
Working with entrepreneurs and investors to create good jobs and more equitable communities.
Too many people are struggling to make ends meet because they haven’t been given a fair chance. In 2018 the unemployment rate dropped to a 17-year low, yet almost half of American workers are stuck in low-wage jobs; the number of new small businesses is at rock bottom; and race or where you’re born are […]
Jun 26, 2019 –
Piloting Good Jobs, Good Business
We believe that as a society, we simply must do better at creating jobs that are good for workers, good for businesses, and good for communities. As part of our effort to elevate the importance of quality jobs in building wealth and opportunity for everyday Americans, PCV has engaged foundations, CDFIs, and other impact investors […]
Dec 09, 2018 –
Investing Millions in Quality Jobs
For decades, workers across the country have seen their paychecks stagnate, even as corporate profits grow. Yes, the unemployment rate is at a 17-year low, but wages that aren’t rising, unpredictable schedules, low or no benefits and seemingly dead-end jobs are taking their toll. Income and wealth inequality are at their highest levels ever. Workers […]