Pacific Community Ventures expands entrepreneurship opportunities for women and people of color. Pacific Community Ventures (PCV) is an Oakland-based community development financial institution (CDFI) that envisions a world of thriving communities where everyone has a fair stake. Their mission is to invest in small businesses, create good jobs for working people, and make markets work for social good. They achieve their mission through a combination of fair lending, free mentorship, skilled volunteerism, social impact measurement and management tools, and field-building research. In 2018 alone, PCV supported 716 small businesses. Those businesses had 16 percent median revenue growth (vs 6.1 percent for comparable small businesses), 13 percent job growth (surpassing national and state rates of 1.6 percent), with 2,582 jobs created and retained. 87 percent of those businesses were located in or hiring from, low-income communities, and 71 percent are owned by women or people of color. Learn more.
Photo: PCV Advising alumni Kasa Indian Eatery - Pacific Community Ventures