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 2019 alone, PCV supported 770 small businesses. Those businesses had 12 percent median revenue growth, 11 percent job growth (surpassing national and state rates of 1.2 percent), with 4,192 jobs created and retained. 80 percent of those businesses were located in or hiring from, low-income communities, and 80 percent are owned by women and/or people of color. Learn more

 

Photo: PCV Advising alumni Kasa Indian Eatery - Pacific Community Ventures

Monday, April 22, 2019